| Free Writing Prospectus | Filed Pursuant to Rule 433 | |
| (To the Prospectus dated April 4, 2011, as supplemented by | Registration Statement No. 333-173299 | |
| the Prospectus Supplement dated August 5, 2013) | August 7, 2013 |
Zions Direct Auctions—View Auction 8/7/13 7:01 AM
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ISSUE INFORMATION
CUSIP Number: 989701BF3
Minimum Offering: 100,000
Maximum Offering: 195,152
Sizing Phase End: 8/8/2013 12:00 PM EDT
Bid Multiple: Multiples of 0.05
Min. Yield: 6.650%
Max. Yield: 7.250%
Fixed Price: $ 1,000.00
About the Issuer
BIDDING INFORMATION
Auction Phase: Sizing
Current Principal Offered: $ 100,000,000.00
Current Units Offered: 100,000
Number of Bidders: 0
Number of Bids: 0
Fixed Price: $ 1,000.00
Current Market-Clearing Yield: 7.250%
Auction Status: ACCEPTING BIDS
Auction Start: 8/7/2013 9:00 AM EDT
Auction End: 8/8/2013 3:00 PM EDT
Last Update: 8/7/2013 9:01:11 AM EDT
Security Type: Preferred Stock
Coupon To be determined in auction
Offering Documents
Series J Fixed/Floating Rate Non-Cumulative Perpetual Preferred, Non-Callable 10 Years, S&P:BB | Fitch:B | DBRS:B | Kroll:BB
Auction Details
Bids Current Market-Clearing Yield: 7.250%
Bidder Name Acct. # Units Yield Fixed Price Timestamp Potential
Award
Potential
Amount Due
No bids have been submitted.
Direct Orders
# Name Act. # Units Price Timestamp Awarded Due
No Direct Orders have been submitted.
Zions Bancorporation / Preferred Stock
The public offering price of each share will be $1,000.
Note: This page will check for updates every 15 seconds.
Zions Bancorporation has filed a registration statement (Registration Statement No. 333-173299, including a prospectus) with the SEC for the
offering to which this communication relates. Before you invest, you should read the prospectus dated April 4, 2011 contained in that registration
statement, the preliminary prospectus supplement dated August 5, 2013 and other documents Zions Bancorporation has filed with the SEC for
more complete information about Zions Bancorporation and this offering. You may get these documents and other documents Zions
Bancorporation has filed for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, you may request these documents by
calling Deutsche Bank Securities Inc. toll-free at 1-800-503-4611, Goldman, Sachs & Co. toll-free at 1-866-471-2526 or Macquarie Capital (USA) Inc.
toll-free at 1-888-268-3967.
AUCTIONS DIRECTORY MANAGE AUCTIONS MANAGE USERS MANAGE SITE MY ACCOUNT
ABOUT PRODUCTS & SERVICES AUCTIONS BOND STORE TRADING UNIVERSITY THINK CUSTOMER SERVICE
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1.800.524.8875
Zions Direct Auctions—View Auction 8/7/13 7:01 AM
https://www.auctions.zionsdirect.com/admin/auction/10609 Page 2 of 2
Our Affiliates:
Investment Products: Not FDIC Insured • No Bank Guarantee • May Lose Value
Bank Deposits and Certificates of Deposit (CDs) are FDIC Insured up to Applicable Limits
Securities products and services offered by Zions Direct, Member FINRA / SIPC, a non-bank subsidiary of Zions Bank.
Affiliates of Zions Bank or other issuers may purchase CDs or securities through the auction process. The market clearing yield may be lower due to the participation of an affiliate in the auction
which may benefit the affiliated issuer.
NEWSLETTER Get market information, auction updates, new-issue alerts, and more. It’s weekly and it’s free! Email Address
OTHER PRODUCTS CONTACT US ABOUT US SITE MAP PRIVACY POLICY TERMS AND CONDITIONS
Please direct questions regarding the website or bidding procedures to the Auction Administrator.
You may also call our Investment Center at 800-524-8875 from 8am to Midnight Eastern Time.
Zions Direct Auctions—Bidding Qualification 8/7/13 7:02 AM
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ZDTEST :: HOME :: HOME :: AUCTION #10609
Bidding Qualification
Series J Fixed/Floating Rate Non-Cumulative Perpetual Preferred, Non-Callable 10 Years, S&P:BB | Fitch:B | DBRS:B | Kroll:BB
Please confirm your agreement with each of the following by checking the box next to each statement.
I agree that the following contact information is correct:
NAME: Test For Zions Direct
E-MAIL: auctions@zionsdirect.com
TELEPHONE: 800-524-8875
I have accessed or received the Offering Documents.
I understand that the depositary shares and underlying shares of this series Preferred Stock available through
Zions Direct Auctions are securities and are not insured by the FDIC, are not deposits of any bank or the issuer and
may lose value. All securities are subject to investment risk, including possible loss of your investment.
By participating in this auction, I declare that my investment objective(s), time horizon and risk tolerance allow for
the purchase of the securities being offered. Furthermore, I authorize Zions Direct to update my investor profile, if
needed, to align my profile with this purchase.
I understand that, while application will be made to list the depositary shares on the New York Stock Exchange, no
assurance can be given that the depositary shares will be approved for listing. If the depositary shares are
approved for listing, I understand that trading is expected to commence within 30 days of the intial delivery date of
the depositary shares.
I understand that Zions Direct is committed to conducting fair, open, and transparent auctions for the benefit of all
participants. Zions Direct will not tolerate or conduct business with anyone who attempts to disrupt or manipulate
the process for any auction. I agree that by participating in this auction I will not be engaging in any such attempt.
I Agree I DO NOT Agree
Zions Bancorporation / Preferred Stock
Zions Bancorporation has filed a registration statement (Registration Statement No. 333-173299, including a prospectus) with the SEC for the
offering to which this communication relates. Before you invest, you should read the prospectus dated April 4, 2011 contained in that registration
statement, the preliminary prospectus supplement dated August 5, 2013 and other documents Zions Bancorporation has filed with the SEC for
more complete information about Zions Bancorporation and this offering. You may get these documents and other documents Zions
Bancorporation has filed for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, you may request these documents by
calling Deutsche Bank Securities Inc. toll-free at 1-800-503-4611, Goldman, Sachs & Co. toll-free at 1-866-471-2526 or Macquarie Capital (USA) Inc.
toll-free at 1-888-268-3967.
Our Affiliates:
Investment Products: Not FDIC Insured • No Bank Guarantee • May Lose Value
Bank Deposits and Certificates of Deposit (CDs) are FDIC Insured up to Applicable Limits
Securities products and services offered by Zions Direct, Member FINRA / SIPC, a non-bank subsidiary of Zions Bank.
Affiliates of Zions Bank or other issuers may purchase CDs or securities through the auction process. The market clearing yield may be lower due to the participation of an affiliate in the auction
which may benefit the affiliated issuer.
NEWSLETTER Get market information, auction updates, new-issue alerts, and more. It’s weekly and it’s free! Email Address
OTHER PRODUCTS CONTACT US ABOUT US SITE MAP PRIVACY POLICY TERMS AND CONDITIONS
Please direct questions regarding the website or bidding procedures to the Auction Administrator.
You may also call our Investment Center at 800-524-8875 from 8am to Midnight Eastern Time.
ZDTEST :: HOME :: HOME :: AUCTION #10609
AUCTIONS DIRECTORY ISSUERS AUCTIONS UNIVERSITY DEMOS MY ACCOUNT
ABOUT PRODUCTS & SERVICES AUCTIONS BOND STORE TRADING UNIVERSITY THINK CUSTOMER SERVICE
OPEN ACCOUNT LOGOUT
1.800.524.8875
Zions Direct Auctions—Bidding Qualification 8/7/13 7:02 AM
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ZIONS DIRECT
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Zions Direct Auctions—Bid Page 8/7/13 7:02 AM
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ZDTEST :: HOME :: HOME :: AUCTION #10609
Bid Page
ISSUE INFORMATION
CUSIP Number: 989701BF3
Minimum Offering: 100,000
Maximum Offering: 195,152
Sizing Phase End: 8/8/2013 12:00 PM EDT
Bid Multiple: Multiples of 0.05
Min. Yield: 6.650%
Max. Yield: 7.250%
Fixed Price: $ 1,000.00
About the Issuer
BIDDING INFORMATION
Auction Phase: Sizing
Current Principal Offered: $ 100,000,000.00
Current Units Offered: 100,000
Number of Bidders: 1
Number of Bids: 1
Fixed Price: $ 1,000.00
Current Market-Clearing Yield: 7.250%
Auction Status: ACCEPTING BIDS
Auction Start: 8/7/2013 9:00 AM EDT
Auction End: 8/8/2013 3:00 PM EDT
Last Update: 8/7/2013 9:02:27 AM EDT
Security Type: Preferred Stock
Coupon To be determined in auction
Offering Documents
Bid Limit: $ 1,000,000.00 Calculate/Refresh Submit
Series J Fixed/Floating Rate Non-Cumulative Perpetual Preferred, Non-Callable 10 Years, S&P:BB | Fitch:B | DBRS:B | Kroll:BB
Auction Details
ZDTEST Current Market-Clearing Yield: 7.250%
AUCTION BIDS Units Yield Price
Non-Competitive
Bid Submitted “In the Money” Amount Due
1 $ 1,000.00
Bid Row: + -
Auction Activity Current Market-Clearing Yield: 7.250%
Bidder Units Yield Fixed Price Timestamp Potential
Award
Potential
Amount Due
#30768 30,000 — $ 1,000.00 8/7/2013 9:01:27 AM 30,000 units $ 30,000,000.00
Auction Totals: 30,000 units $ 30,000,000.00
Zions Bancorporation / Preferred Stock
The public offering price of each share will be $1,000.
Note: This page will check for updates every minute.
Zions Bancorporation has filed a registration statement (Registration Statement No. 333-173299, including a prospectus) with the SEC for the
offering to which this communication relates. Before you invest, you should read the prospectus dated April 4, 2011 contained in that registration
statement, the preliminary prospectus supplement dated August 5, 2013 and other documents Zions Bancorporation has filed with the SEC for
AUCTIONS DIRECTORY ISSUERS AUCTIONS UNIVERSITY DEMOS MY ACCOUNT
ZDTEST :: HOME :: HOME :: AUCTION #10609
AUCTIONS DIRECTORY ISSUERS AUCTIONS UNIVERSITY DEMOS MY ACCOUNT
ABOUT PRODUCTS & SERVICES AUCTIONS BOND STORE TRADING UNIVERSITY THINK CUSTOMER SERVICE
OPEN ACCOUNT LOGOUT
1.800.524.8875
Zions Direct Auctions—Bid Page 8/7/13 7:02 AM
https://www.auctions.zionsdirect.com/auction/10609/bid Page 2 of 2
more complete information about Zions Bancorporation and this offering. You may get these documents and other documents Zions
Bancorporation has filed for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, you may request these documents by
calling Deutsche Bank Securities Inc. toll-free at 1-800-503-4611, Goldman, Sachs & Co. toll-free at 1-866-471-2526 or Macquarie Capital (USA) Inc.
toll-free at 1-888-268-3967.
Our Affiliates:
Investment Products: Not FDIC Insured • No Bank Guarantee • May Lose Value
Bank Deposits and Certificates of Deposit (CDs) are FDIC Insured up to Applicable Limits
Securities products and services offered by Zions Direct, Member FINRA / SIPC, a non-bank subsidiary of Zions Bank.
Affiliates of Zions Bank or other issuers may purchase CDs or securities through the auction process. The market clearing yield may be lower due to the participation of an affiliate in the auction
which may benefit the affiliated issuer.
NEWSLETTER Get market information, auction updates, new-issue alerts, and more. It’s weekly and it’s free! Email Address
OTHER PRODUCTS CONTACT US ABOUT US SITE MAP PRIVACY POLICY TERMS AND CONDITIONS
Please direct questions regarding the website or bidding procedures to the Auction Administrator.
You may also call our Investment Center at 800-524-8875 from 8am to Midnight Eastern Time.
Zions Direct Auctions—Review & Confirm Bid Submission 8/7/13 7:03 AM
https://www.auctions.zionsdirect.com/auction/10609/bid Page 1 of 1
ZDTEST :: HOME :: HOME :: AUCTION #10609
Review & Confirm Bid Submission
Bid Limit: $ 1,000,000.00
I confirm the bids shown in the table above.
Cancel Confirm
Series J Fixed/Floating Rate Non-Cumulative Perpetual Preferred, Non-Callable 10 Years, S&P:BB | Fitch:B | DBRS:B | Kroll:BB
Bidder Bid # Units @ Price Yield Max. Award Max. Amt. Due Status
ZDTEST 1 1 @ $ 1,000.00 6.650% 1 Units $ 1,000.00 NEW
I understand that I could be responsible for up to $ 1,000.00 on my award.
Zions Bancorporation / Preferred Stock
Zions Bancorporation has filed a registration statement (Registration Statement No. 333-173299, including a prospectus) with the SEC for the
offering to which this communication relates. Before you invest, you should read the prospectus dated April 4, 2011 contained in that registration
statement, the preliminary prospectus supplement dated August 5, 2013 and other documents Zions Bancorporation has filed with the SEC for
more complete information about Zions Bancorporation and this offering. You may get these documents and other documents Zions
Bancorporation has filed for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, you may request these documents by
calling Deutsche Bank Securities Inc. toll-free at 1-800-503-4611, Goldman, Sachs & Co. toll-free at 1-866-471-2526 or Macquarie Capital (USA) Inc.
toll-free at 1-888-268-3967.
Our Affiliates:
Investment Products: Not FDIC Insured • No Bank Guarantee • May Lose Value
Bank Deposits and Certificates of Deposit (CDs) are FDIC Insured up to Applicable Limits
Securities products and services offered by Zions Direct, Member FINRA / SIPC, a non-bank subsidiary of Zions Bank.
Affiliates of Zions Bank or other issuers may purchase CDs or securities through the auction process. The market clearing yield may be lower due to the participation of an affiliate in the auction
which may benefit the affiliated issuer.
NEWSLETTER Get market information, auction updates, new-issue alerts, and more. It’s weekly and it’s free!
OTHER PRODUCTS CONTACT US ABOUT US SITE MAP PRIVACY POLICY TERMS AND CONDITIONS
Please direct questions regarding the website or bidding procedures to the Auction Administrator.
You may also call our Investment Center at 800-524-8875 from 8am to Midnight Eastern Time.