Edgar Filing: ZIONS BANCORPORATION /UT/

FWP

Free Writing Prospectus

(To the Prospectus dated April 4, 2011, as supplemented by

the Prospectus Supplement dated August 5, 2013)

Filed Pursuant to Rule 433

Registration Statement No. 333-173299

August 8, 2013

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Zions Direct Auctions—Results 8/8/13 1:18 PM ABOUT PRODUCTS & SERVICES AUCTIONS BOND STORE TRADING UNIVERSITY THINK CUSTOMER SERVICE OPEN ACCOUNT LOGIN 1.800.524.8875 AUCTIONS DIRECTORY ISSUERS AUCTIONS UNIVERSITY DEMOS HOME :: HOME :: AUCTION #10609 Results Zions Bancorporation / Preferred Stock Series J Fixed/Floating Rate Non-Cumulative Perpetual Preferred, Non-Callable 10 Years, S&P:BB | Fitch:B | DBRS:B | Kroll:BB The public offering price of each share will be $1,000. Notice: The auction has been extended until 8/8/2013 3:10:00 PM EDT. Auction Status: CLOSED Security Type: Preferred Stock Auction Start: 8/7/2013 9:00 AM EDT Coupon 7.200% Auction End: 8/8/2013 3:10 PM EDT Last Update: 8/8/2013 3:18:04 PM EDT Offering Documents Auction Details ISSUE INFORMATION BIDDING INFORMATION CUSIP Number: 989701BF3 Auction Phase: Pricing Minimum Offering: 100,000 Principal Offered: $ 195,152,000.00 Maximum Offering: 195,152 Units Offered: 195,152 Sizing Phase End: 8/8/2013 11:38 AM EDT Number of Bidders: 122 Bid Multiple: Multiples of 0.05 Number of Bids: 193 Min. Yield: 6.650% Amt. of Bids: $ 262,154.00 Max. Yield: 7.250% Coverage: 134.33% Fixed Price: $ 1,000.00 Highest Bid: $ 1,000.00 Lowest Bid: $ 1,000.00 About the Issuer Bid Spread: $ 0.00 Num. Bids Accepted: 176 Num. Bidders with Bids Accepted: 116 Highest Bid Accepted: $ 1,000.00 Lowest Bid Accepted: $ 1,000.00 Final Market-Clearing Yield: 7.200% Bids Final Market-Clearing Yield: 7.200% Amount Bidder Units Yield Fixed Price Timestamp Awarded Due #27100 5 6.650% $ 1,000.00 8/7/2013 9:05:39 AM 5 units $ 5,000.00 #31345 200 6.650% $ 1,000.00 8/7/2013 9:08:02 AM 200 units $ 200,000.00 #31345 400 6.650% $ 1,000.00 8/7/2013 9:10:01 AM 400 units $ 400,000.00 #31345 500 6.650% $ 1,000.00 8/7/2013 9:14:05 AM 500 units $ 500,000.00 #23676 10 6.650% $ 1,000.00 8/7/2013 9:15:12 AM 10 units $ 10,000.00 #31345 300 6.650% $ 1,000.00 8/7/2013 9:21:10 AM 300 units $ 300,000.00 #35128 5 6.650% $ 1,000.00 8/7/2013 9:22:29 AM 5 units $ 5,000.00 https://www.auctions.zionsdirect.com/auction/10609/results Page 1 of 3

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Zions Direct Auctions—Results 8/8/13 1:18 PM #31345 600 6.650% $ 1,000.00 8/7/2013 9:24:52 AM 600 units $ 600,000.00 #35129 15 6.650% $ 1,000.00 8/7/2013 9:25:26 AM 15 units $ 15,000.00 #9610 10 6.650% $ 1,000.00 8/7/2013 9:37:37 AM 10 units $ 10,000.00 #35693 300 6.650% $ 1,000.00 8/7/2013 10:04:18 AM 300 units $ 300,000.00 #25605 5 6.650% $ 1,000.00 8/7/2013 10:15:54 AM 5 units $ 5,000.00 #13305 3 6.650% $ 1,000.00 8/7/2013 10:23:17 AM 3 units $ 3,000.00 #13305 2 6.650% $ 1,000.00 8/7/2013 10:58:12 AM 2 units $ 2,000.00 #35693 2,000 6.650% $ 1,000.00 8/7/2013 11:16:42 AM 2,000 units $ 2,000,000.00 #24505 125 6.650% $ 1,000.00 8/7/2013 11:30:42 AM 125 units $ 125,000.00 #35989 500 6.650% $ 1,000.00 8/7/2013 11:46:59 AM 500 units $ 500,000.00 #25702 200 6.650% $ 1,000.00 8/7/2013 11:55:48 AM 200 units $ 200,000.00 #35917 100 6.650% $ 1,000.00 8/7/2013 12:15:42 PM 100 units $ 100,000.00 #35990 100 6.650% $ 1,000.00 8/7/2013 12:39:28 PM 100 units $ 100,000.00 #35917 270 6.650% $ 1,000.00 8/7/2013 1:44:01 PM 270 units $ 270,000.00 #35133 60 6.650% $ 1,000.00 8/7/2013 3:04:26 PM 60 units $ 60,000.00 #21748 4 6.650% $ 1,000.00 8/7/2013 3:08:20 PM 4 units $ 4,000.00 #21748 10 6.650% $ 1,000.00 8/7/2013 3:29:30 PM 10 units $ 10,000.00 #31345 300 6.650% $ 1,000.00 8/7/2013 3:34:50 PM 300 units $ 300,000.00 #35134 1 6.650% $ 1,000.00 8/7/2013 3:37:28 PM 1 unit $ 1,000.00 #35997 10 6.650% $ 1,000.00 8/7/2013 4:18:55 PM 10 units $ 10,000.00 #35998 155 6.650% $ 1,000.00 8/7/2013 4:21:47 PM 155 units $ 155,000.00 #36022 150 6.650% $ 1,000.00 8/7/2013 4:45:30 PM 150 units $ 150,000.00 #6561 20 6.650% $ 1,000.00 8/7/2013 5:04:13 PM 20 units $ 20,000.00 #36020 100 6.650% $ 1,000.00 8/7/2013 5:26:18 PM 100 units $ 100,000.00 #35999 25 6.650% $ 1,000.00 8/7/2013 5:28:08 PM 25 units $ 25,000.00 #36021 50 6.650% $ 1,000.00 8/7/2013 5:30:17 PM 50 units $ 50,000.00 #36019 100 6.650% $ 1,000.00 8/7/2013 5:34:26 PM 100 units $ 100,000.00 #36015 50 6.650% $ 1,000.00 8/7/2013 7:15:48 PM 50 units $ 50,000.00 #36014 250 6.650% $ 1,000.00 8/7/2013 7:19:17 PM 250 units $ 250,000.00 #36013 100 6.650% $ 1,000.00 8/7/2013 7:23:33 PM 100 units $ 100,000.00 #36012 250 6.650% $ 1,000.00 8/7/2013 7:28:01 PM 250 units $ 250,000.00 #36012 250 6.650% $ 1,000.00 8/7/2013 7:30:10 PM 250 units $ 250,000.00 #32909 30 6.650% $ 1,000.00 8/7/2013 9:46:03 PM 30 units $ 30,000.00 https://www.auctions.zionsdirect.com/auction/10609/results Page 2 of 3

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Zions Direct Auctions—Results 8/8/13 1:18 PM #35135 4 6.650% $ 1,000.00 8/8/2013 8:12:05 AM 4 units $ 4,000.00 #30849 2,000 6.650% $ 1,000.00 8/8/2013 8:20:45 AM 2,000 units $ 2,000,000.00 #36024 1,000 6.650% $ 1,000.00 8/8/2013 8:36:28 AM 1,000 units $ 1,000,000.00 #36031 35 6.650% $ 1,000.00 8/8/2013 8:58:59 AM 35 units $ 35,000.00 #23706 50 6.650% $ 1,000.00 8/8/2013 9:49:29 AM 50 units $ 50,000.00 #35137 10 6.650% $ 1,000.00 8/8/2013 10:56:07 AM 10 units $ 10,000.00 #35917 700 6.650% $ 1,000.00 8/8/2013 11:00:48 AM 700 units $ 700,000.00 #36001 50 6.650% $ 1,000.00 8/8/2013 11:00:52 AM 50 units $ 50,000.00 #36002 100 6.650% $ 1,000.00 8/8/2013 11:08:55 AM 100 units $ 100,000.00 #36003 50 6.650% $ 1,000.00 8/8/2013 11:22:31 AM 50 units $ 50,000.00 Auction Totals: 195,152 units $ 195,152,000.00 Page 1 of 4 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. NEWSLETTER Get market information, auction updates, new-issue alerts, and more. It’s weekly and it’s free! Email Address 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. Our Affiliates: 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. https://www.auctions.zionsdirect.com/auction/10609/results AmeyBank of texas California Bank The Commerce Bank of Oregon The Commerce Bank Washington Zions bank Vectra bank national bank Nevada state bank Page 3 of 3

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Zions Direct Auctions—Results 8/8/13 1:19 PM ABOUT PRODUCTS & SERVICES AUCTIONS BOND STORE TRADING UNIVERSITY THINK CUSTOMER SERVICE OPEN ACCOUNT LOGIN 1.800.524.8875 AUCTIONS DIRECTORY ISSUERS AUCTIONS UNIVERSITY DEMOS HOME :: HOME :: AUCTION #10609 Results Zions Bancorporation / Preferred Stock Series J Fixed/Floating Rate Non-Cumulative Perpetual Preferred, Non-Callable 10 Years, S&P:BB | Fitch:B | DBRS:B | Kroll:BB The public offering price of each share will be $1,000. Notice: The auction has been extended until 8/8/2013 3:10:00 PM EDT. Auction Status: CLOSED Security Type: Preferred Stock Auction Start: 8/7/2013 9:00 AM EDT Coupon 7.200% Auction End: 8/8/2013 3:10 PM EDT Last Update: 8/8/2013 3:18:45 PM EDT Offering Documents Auction Details ISSUE INFORMATION BIDDING INFORMATION CUSIP Number: 989701BF3 Auction Phase: Pricing Minimum Offering: 100,000 Principal Offered: $ 195,152,000.00 Maximum Offering: 195,152 Units Offered: 195,152 Sizing Phase End: 8/8/2013 11:38 AM EDT Number of Bidders: 122 Bid Multiple: Multiples of 0.05 Number of Bids: 193 Min. Yield: 6.650% Amt. of Bids: $ 262,154.00 Max. Yield: 7.250% Coverage: 134.33% Fixed Price: $ 1,000.00 Highest Bid: $ 1,000.00 Lowest Bid: $ 1,000.00 About the Issuer Bid Spread: $ 0.00 Num. Bids Accepted: 176 Num. Bidders with Bids Accepted: 116 Highest Bid Accepted: $ 1,000.00 Lowest Bid Accepted: $ 1,000.00 Final Market-Clearing Yield: 7.200% Bids Final Market-Clearing Yield: 7.200% Amount Bidder Units Yield Fixed Price Timestamp Awarded Due #36011 100 6.650% $ 1,000.00 8/8/2013 11:27:33 AM 100 units $ 100,000.00 #13278 100 6.650% $ 1,000.00 8/8/2013 11:32:28 AM 100 units $ 100,000.00 #36004 250 6.650% $ 1,000.00 8/8/2013 11:36:59 AM 250 units $ 250,000.00 #36034 11 6.650% $ 1,000.00 8/8/2013 11:40:16 AM 11 units $ 11,000.00 #36035 14 6.650% $ 1,000.00 8/8/2013 11:44:14 AM 14 units $ 14,000.00 #35918 200 6.650% $ 1,000.00 8/8/2013 11:49:29 AM 200 units $ 200,000.00 #36007 162 6.650% $ 1,000.00 8/8/2013 11:51:10 AM 162 units $ 162,000.00 https://www.auctions.zionsdirect.com/auction/10609/results?csrf_tok…7c244f968709ef11d36e0b6&sort=ytw&sort_direction=asc&page=2&pages=4 Page 1 of 3

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Zions Direct Auctions—Results 8/8/13 1:19 PM #36006 500 6.650% $ 1,000.00 8/8/2013 11:53:40 AM 500 units $ 500,000.00 #36010 300 6.650% $ 1,000.00 8/8/2013 11:59:16 AM 300 units $ 300,000.00 #24582 5 6.650% $ 1,000.00 8/8/2013 12:00:47 PM 5 units $ 5,000.00 #24582 10 6.650% $ 1,000.00 8/8/2013 12:00:47 PM 10 units $ 10,000.00 #13408 10 6.650% $ 1,000.00 8/8/2013 12:03:21 PM 10 units $ 10,000.00 #36009 100 6.650% $ 1,000.00 8/8/2013 12:08:33 PM 100 units $ 100,000.00 #36008 85 6.650% $ 1,000.00 8/8/2013 12:15:00 PM 85 units $ 85,000.00 #35919 150 6.650% $ 1,000.00 8/8/2013 12:21:48 PM 150 units $ 150,000.00 #36067 200 6.650% $ 1,000.00 8/8/2013 1:07:03 PM 200 units $ 200,000.00 #36066 250 6.650% $ 1,000.00 8/8/2013 1:15:22 PM 250 units $ 250,000.00 #36005 5 6.650% $ 1,000.00 8/8/2013 1:18:56 PM 5 units $ 5,000.00 #36065 50 6.650% $ 1,000.00 8/8/2013 1:19:14 PM 50 units $ 50,000.00 #36064 50 6.650% $ 1,000.00 8/8/2013 1:23:46 PM 50 units $ 50,000.00 #35919 50 6.650% $ 1,000.00 8/8/2013 1:23:50 PM 50 units $ 50,000.00 #36038 52 6.650% $ 1,000.00 8/8/2013 1:31:10 PM 52 units $ 52,000.00 #35138 5 6.650% $ 1,000.00 8/8/2013 1:32:32 PM 5 units $ 5,000.00 #35139 10 6.650% $ 1,000.00 8/8/2013 1:34:07 PM 10 units $ 10,000.00 #36062 75 6.650% $ 1,000.00 8/8/2013 1:36:23 PM 75 units $ 75,000.00 #36061 50 6.650% $ 1,000.00 8/8/2013 1:41:21 PM 50 units $ 50,000.00 #36059 50 6.650% $ 1,000.00 8/8/2013 1:54:50 PM 50 units $ 50,000.00 #36040 100 6.650% $ 1,000.00 8/8/2013 1:56:36 PM 100 units $ 100,000.00 #36058 50 6.650% $ 1,000.00 8/8/2013 1:57:58 PM 50 units $ 50,000.00 #36058 10 6.650% $ 1,000.00 8/8/2013 2:01:02 PM 10 units $ 10,000.00 #35919 50 6.650% $ 1,000.00 8/8/2013 2:12:19 PM 50 units $ 50,000.00 #35919 50 6.650% $ 1,000.00 8/8/2013 2:22:08 PM 50 units $ 50,000.00 #36056 50 6.650% $ 1,000.00 8/8/2013 2:25:16 PM 50 units $ 50,000.00 #28298 2 6.650% $ 1,000.00 8/8/2013 2:31:50 PM 2 units $ 2,000.00 #35141 5 6.650% $ 1,000.00 8/8/2013 2:34:04 PM 5 units $ 5,000.00 #36054 100 6.650% $ 1,000.00 8/8/2013 2:40:30 PM 100 units $ 100,000.00 #23676 10 6.700% $ 1,000.00 8/7/2013 9:31:54 AM 10 units $ 10,000.00 #22858 5 6.750% $ 1,000.00 8/7/2013 11:41:03 AM 5 units $ 5,000.00 #35693 400 6.800% $ 1,000.00 8/7/2013 10:16:26 AM 400 units $ 400,000.00 #35904 250 6.900% $ 1,000.00 8/7/2013 11:45:12 AM 250 units $ 250,000.00 https://www.auctions.zionsdirect.com/auction 10609/results?csrf_tok…7c244f968709ef11d36e0b6&sort=ytw&sort_direction=asc&page=2&pages=4 Page 2 of 3

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Zions Direct Auctions—Results 8/8/13 1:19 PM #35917 1,000 6.900% $ 1,000.00 8/8/2013 10:44:44 AM 1,000 units $ 1,000,000.00 #30297 1,000 6.950% $ 1,000.00 8/7/2013 9:12:58 AM 1,000 units $ 1,000,000.00 #22858 10 6.950% $ 1,000.00 8/7/2013 11:41:03 AM 10 units $ 10,000.00 #23583 15 6.950% $ 1,000.00 8/7/2013 1:13:51 PM 15 units $ 15,000.00 #18907 2 6.950% $ 1,000.00 8/8/2013 8:01:23 AM 2 units $ 2,000.00 #28840 10 6.950% $ 1,000.00 8/8/2013 3:08:26 PM 10 units $ 10,000.00 #30763 5,000 7.000% $ 1,000.00 8/7/2013 9:04:11 AM 5,000 units $ 5,000,000.00 #30763 250 7.000% $ 1,000.00 8/7/2013 9:06:48 AM 250 units $ 250,000.00 #33682 80 7.000% $ 1,000.00 8/7/2013 9:16:15 AM 80 units $ 80,000.00 #30297 2,000 7.000% $ 1,000.00 8/7/2013 9:20:42 AM 2,000 units $ 2,000,000.00 Auction Totals: 195,152 units $ 195,152,000.00 Page 2 of 4 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. NEWSLETTER Get market information, auction updates, new-issue alerts, and more. It’s weekly and it’s free! Email Address 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. Our Affiliates: 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. https://www.auctions.zionsdirect.com/auction/10609/results?csrf_tok…7c244f968709ef11d36e0b6&sort=ytw&sort_direction=asc&page=2&pages=4 AmeyBank of texas California Bank The Commerce Bank of Oregon The Commerce Bank Washington Zions bank Vectra bank national bank Nevada state bank Page 3 of 3

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Zions Direct Auctions—Results 8/8/13 1:20 PM ABOUT PRODUCTS & SERVICES AUCTIONS BOND STORE TRADING UNIVERSITY THINK CUSTOMER SERVICE OPEN ACCOUNT LOGIN 1.800.524.8875 AUCTIONS DIRECTORY ISSUERS AUCTIONS UNIVERSITY DEMOS HOME :: HOME :: AUCTION #10609 Results Zions Bancorporation / Preferred Stock Series J Fixed/Floating Rate Non-Cumulative Perpetual Preferred, Non-Callable 10 Years, S&P:BB | Fitch:B | DBRS:B | Kroll:BB The public offering price of each share will be $1,000. Notice: The auction has been extended until 8/8/2013 3:10:00 PM EDT. Auction Status: CLOSED Security Type: Preferred Stock Auction Start: 8/7/2013 9:00 AM EDT Coupon 7.200% Auction End: 8/8/2013 3:10 PM EDT Last Update: 8/8/2013 3:19:39 PM EDT Offering Documents Auction Details ISSUE INFORMATION BIDDING INFORMATION CUSIP Number: 989701BF3 Auction Phase: Pricing Minimum Offering: 100,000 Principal Offered: $ 195,152,000.00 Maximum Offering: 195,152 Units Offered: 195,152 Sizing Phase End: 8/8/2013 11:38 AM EDT Number of Bidders: 122 Bid Multiple: Multiples of 0.05 Number of Bids: 193 Min. Yield: 6.650% Amt. of Bids: $ 262,154.00 Max. Yield: 7.250% Coverage: 134.33% Fixed Price: $ 1,000.00 Highest Bid: $ 1,000.00 Lowest Bid: $ 1,000.00 About the Issuer Bid Spread: $ 0.00 Num. Bids Accepted: 176 Num. Bidders with Bids Accepted: 116 Highest Bid Accepted: $ 1,000.00 Lowest Bid Accepted: $ 1,000.00 Final Market-Clearing Yield: 7.200% Bids Final Market-Clearing Yield: 7.200% Amount Bidder Units Yield Fixed Price Timestamp Awarded Due #30768 10,000 7.000% $ 1,000.00 8/7/2013 9:29:59 AM 10,000 units $ 10,000,000.00 #35693 150 7.000% $ 1,000.00 8/7/2013 9:37:55 AM 150 units $ 150,000.00 #30758 1,000 7.000% $ 1,000.00 8/7/2013 9:38:07 AM 1,000 units $ 1,000,000.00 #35693 100 7.000% $ 1,000.00 8/7/2013 10:07:29 AM 100 units $ 100,000.00 #30763 7,000 7.000% $ 1,000.00 8/7/2013 10:10:16 AM 7,000 units $ 7,000,000.00 #30763 10,000 7.000% $ 1,000.00 8/7/2013 10:45:27 AM 10,000 units $ 10,000,000.00 #30763 300 7.000% $ 1,000.00 8/7/2013 11:10:11 AM 300 units $ 300,000.00 https://www.auctions.zionsdirect.com/auction/10609/results?csrf_to…29395f65a57578ed2491373&sort=ytw&sort_direction=asc&page=3&pages=4 Page 1 of 3

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Zions Direct Auctions—Results 8/8/13 1:20 PM #35131 15 7.000% $ 1,000.00 8/7/2013 11:21:11 AM 15 units $ 15,000.00 #30763 200 7.000% $ 1,000.00 8/7/2013 12:07:16 PM 200 units $ 200,000.00 #30763 35 7.000% $ 1,000.00 8/7/2013 12:28:49 PM 35 units $ 35,000.00 #28482 18 7.000% $ 1,000.00 8/7/2013 4:04:28 PM 18 units $ 18,000.00 #35993 35 7.000% $ 1,000.00 8/7/2013 4:07:21 PM 35 units $ 35,000.00 #35994 17 7.000% $ 1,000.00 8/7/2013 4:10:56 PM 17 units $ 17,000.00 #35995 46 7.000% $ 1,000.00 8/7/2013 4:13:51 PM 46 units $ 46,000.00 #30763 3,000 7.000% $ 1,000.00 8/8/2013 9:45:10 AM 3,000 units $ 3,000,000.00 #21466 4 7.000% $ 1,000.00 8/8/2013 10:43:26 AM 4 units $ 4,000.00 #36000 50 7.000% $ 1,000.00 8/8/2013 10:46:38 AM 50 units $ 50,000.00 #30763 250 7.000% $ 1,000.00 8/8/2013 11:25:19 AM 250 units $ 250,000.00 #35918 1,000 7.000% $ 1,000.00 8/8/2013 11:29:42 AM 1,000 units $ 1,000,000.00 #35918 50 7.000% $ 1,000.00 8/8/2013 11:35:37 AM 50 units $ 50,000.00 #32941 1,000 7.000% $ 1,000.00 8/8/2013 11:59:18 AM 1,000 units $ 1,000,000.00 #32941 250 7.000% $ 1,000.00 8/8/2013 12:00:26 PM 250 units $ 250,000.00 #30761 75 7.000% $ 1,000.00 8/8/2013 12:35:41 PM 75 units $ 75,000.00 #35904 250 7.000% $ 1,000.00 8/8/2013 1:07:37 PM 250 units $ 250,000.00 #25284 1 7.000% $ 1,000.00 8/8/2013 1:35:28 PM 1 unit $ 1,000.00 #30762 1,100 7.000% $ 1,000.00 8/8/2013 2:19:41 PM 1,100 units $ 1,100,000.00 #35136 1,500 7.000% $ 1,000.00 8/8/2013 2:42:40 PM 1,500 units $ 1,500,000.00 #36023 500 7.000% $ 1,000.00 8/8/2013 2:54:03 PM 500 units $ 500,000.00 #30297 1,500 7.050% $ 1,000.00 8/7/2013 9:06:26 AM 1,500 units $ 1,500,000.00 #36017 250 7.050% $ 1,000.00 8/7/2013 5:58:35 PM 250 units $ 250,000.00 #21217 1 7.050% $ 1,000.00 8/8/2013 9:11:21 AM 1 unit $ 1,000.00 #32941 250 7.050% $ 1,000.00 8/8/2013 12:00:26 PM 250 units $ 250,000.00 #29848 4,000 7.050% $ 1,000.00 8/8/2013 12:18:21 PM 4,000 units $ 4,000,000.00 #30768 10,000 7.100% $ 1,000.00 8/7/2013 9:48:08 AM 10,000 units $ 10,000,000.00 #30763 8,625 7.100% $ 1,000.00 8/7/2013 10:17:39 AM 8,625 units $ 8,625,000.00 #36016 25 7.100% $ 1,000.00 8/7/2013 7:07:31 PM 25 units $ 25,000.00 #33820 3,000 7.100% $ 1,000.00 8/8/2013 11:51:07 AM 3,000 units $ 3,000,000.00 #35904 500 7.100% $ 1,000.00 8/8/2013 1:07:37 PM 500 units $ 500,000.00 #32941 250 7.100% $ 1,000.00 8/8/2013 2:26:16 PM 250 units $ 250,000.00 #32941 500 7.100% $ 1,000.00 8/8/2013 2:30:01 PM 500 units $ 500,000.00 https://www.auctions.zionsdirect.com/auction/10609/results?csrf_to…29395f65a57578ed2491373&sort=ytw&sort_direction=asc&page=3&pages=4 Page 2 of 3

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Zions Direct Auctions—Results 8/8/13 1:20 PM #32941 200 7.100% $ 1,000.00 8/8/2013 2:48:33 PM 200 units $ 200,000.00 #31382 2,000 7.100% $ 1,000.00 8/8/2013 2:48:42 PM 2,000 units $ 2,000,000.00 #33820 500 7.100% $ 1,000.00 8/8/2013 2:54:08 PM 500 units $ 500,000.00 #30762 1,000 7.100% $ 1,000.00 8/8/2013 2:55:54 PM 1,000 units $ 1,000,000.00 #35679 20,000 7.100% $ 1,000.00 8/8/2013 2:59:08 PM 20,000 units $ 20,000,000.00 #33820 500 7.100% $ 1,000.00 8/8/2013 3:00:11 PM 500 units $ 500,000.00 #30762 900 7.100% $ 1,000.00 8/8/2013 3:09:11 PM 900 units $ 900,000.00 #25702 50 7.100% $ 1,000.00 8/8/2013 3:09:35 PM 50 units $ 50,000.00 #30763 5,000 7.150% $ 1,000.00 8/7/2013 9:22:49 AM 5,000 units $ 5,000,000.00 #35915 1,000 7.150% $ 1,000.00 8/7/2013 9:30:17 AM 1,000 units $ 1,000,000.00 Auction Totals: 195,152 units $ 195,152,000.00 Page 3 of 4 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. NEWSLETTER Get market information, auction updates, new-issue alerts, and more. It’s weekly and it’s free! Email Address 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. Our Affiliates: 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. https://www.auctions.zionsdirect.com/auction/10609/results?csrf_to…29395f65a57578ed2491373&sort=ytw&sort_direction=asc&page=3&pages=4 AmeyBank of texas California Bank The Commerce Bank of Oregon The Commerce Bank Washington Zions bank Vectra bank national bank Nevada state bank

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Zions Direct Auctions—Results 8/8/13 1:21 PM ABOUT PRODUCTS & SERVICES AUCTIONS BOND STORE TRADING UNIVERSITY THINK CUSTOMER SERVICE OPEN ACCOUNT LOGIN 1.800.524.8875 AUCTIONS DIRECTORY ISSUERS AUCTIONS UNIVERSITY DEMOS HOME :: HOME :: AUCTION #10609 Results Zions Bancorporation / Preferred Stock Series J Fixed/Floating Rate Non-Cumulative Perpetual Preferred, Non-Callable 10 Years, S&P:BB | Fitch:B | DBRS:B | Kroll:BB The public offering price of each share will be $1,000. Notice: The auction has been extended until 8/8/2013 3:10:00 PM EDT. Auction Status: CLOSED Security Type: Preferred Stock Auction Start: 8/7/2013 9:00 AM EDT Coupon 7.200% Auction End: 8/8/2013 3:10 PM EDT Last Update: 8/8/2013 3:20:07 PM EDT Offering Documents Auction Details ISSUE INFORMATION BIDDING INFORMATION CUSIP Number: 989701BF3 Auction Phase: Pricing Minimum Offering: 100,000 Principal Offered: $ 195,152,000.00 Maximum Offering: 195,152 Units Offered: 195,152 Sizing Phase End: 8/8/2013 11:38 AM EDT Number of Bidders: 122 Bid Multiple: Multiples of 0.05 Number of Bids: 193 Min. Yield: 6.650% Amt. of Bids: $ 262,154.00 Max. Yield: 7.250% Coverage: 134.33% Fixed Price: $ 1,000.00 Highest Bid: $ 1,000.00 Lowest Bid: $ 1,000.00 About the Issuer Bid Spread: $ 0.00 Num. Bids Accepted: 176 Num. Bidders with Bids Accepted: 116 Highest Bid Accepted: $ 1,000.00 Lowest Bid Accepted: $ 1,000.00 Final Market-Clearing Yield: 7.200% Bids Final Market-Clearing Yield: 7.200% Amount Bidder Units Yield Fixed Price Timestamp Awarded Due #35991 25 7.150% $ 1,000.00 8/7/2013 1:41:01 PM 25 units $ 25,000.00 #35996 250 7.150% $ 1,000.00 8/7/2013 4:04:37 PM 250 units $ 250,000.00 #36023 500 7.150% $ 1,000.00 8/7/2013 4:38:16 PM 500 units $ 500,000.00 #35914 2,000 7.150% $ 1,000.00 8/7/2013 6:07:38 PM 2,000 units $ 2,000,000.00 #30376 2,500 7.150% $ 1,000.00 8/8/2013 9:43:27 AM 2,500 units $ 2,500,000.00 #30763 100 7.150% $ 1,000.00 8/8/2013 11:24:30 AM 100 units $ 100,000.00 #35918 1,000 7.150% $ 1,000.00 8/8/2013 11:29:42 AM 1,000 units $ 1,000,000.00 https://www.auctions.zionsdirect.com/auction/10609/results?csrf_to…d51538d5fb01d5b35770649&sort=ytw&sort_direction=asc&page=4&pages=4 Page 1 of 3

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Zions Direct Auctions—Results 8/8/13 1:21 PM #30763 750 7.150% $ 1,000.00 8/8/2013 11:34:58 AM 750 units $ 750,000.00 #34594 5,000 7.150% $ 1,000.00 8/8/2013 1:52:12 PM 5,000 units $ 5,000,000.00 #22580 2 7.150% $ 1,000.00 8/8/2013 2:37:28 PM 2 units $ 2,000.00 #34594 4,500 7.150% $ 1,000.00 8/8/2013 2:58:17 PM 4,500 units $ 4,500,000.00 #33645 500 7.150% $ 1,000.00 8/8/2013 2:59:44 PM 500 units $ 500,000.00 #35982 15,000 7.150% $ 1,000.00 8/8/2013 3:00:58 PM 15,000 units $ 15,000,000.00 #36041 300 7.150% $ 1,000.00 8/8/2013 3:02:32 PM 300 units $ 300,000.00 #35843 5,000 7.150% $ 1,000.00 8/8/2013 3:02:52 PM 5,000 units $ 5,000,000.00 #30763 1,750 7.150% $ 1,000.00 8/8/2013 3:04:24 PM 1,750 units $ 1,750,000.00 #30758 2,000 7.150% $ 1,000.00 8/8/2013 3:05:32 PM 1,000 units $ 1,000,000.00 #36029 2 7.150% $ 1,000.00 8/8/2013 3:06:38 PM 2 units $ 2,000.00 #35915 500 7.150% $ 1,000.00 8/8/2013 3:06:51 PM 500 units $ 500,000.00 #36032 20,000 7.150% $ 1,000.00 8/8/2013 3:07:45 PM 20,000 units $ 20,000,000.00 #23844 15 7.150% $ 1,000.00 8/8/2013 3:08:07 PM 15 units $ 15,000.00 #35915 500 7.200% $ 1,000.00 8/7/2013 9:30:17 AM 500 units $ 500,000.00 #30768 10,000 7.200% $ 1,000.00 8/7/2013 9:48:08 AM 10,000 units $ 10,000,000.00 #32989 25 7.200% $ 1,000.00 8/7/2013 11:43:18 AM 25 units $ 25,000.00 #35136 1,000 7.200% $ 1,000.00 8/8/2013 8:15:04 AM 1,000 units $ 1,000,000.00 #35824 3,000 7.200% $ 1,000.00 8/8/2013 10:28:25 AM 79 units $ 79,000.00 #30763 2,000 7.200% $ 1,000.00 8/8/2013 11:37:23 AM Rejected: Timestamp #35843 5,000 7.200% $ 1,000.00 8/8/2013 11:38:24 AM Rejected: Timestamp #35918 250 7.200% $ 1,000.00 8/8/2013 11:47:13 AM Rejected: Timestamp #18373 20 7.200% $ 1,000.00 8/8/2013 11:55:43 AM Rejected: Timestamp #35843 5,000 7.200% $ 1,000.00 8/8/2013 11:58:46 AM Rejected: Timestamp #35642 3,000 7.200% $ 1,000.00 8/8/2013 1:59:28 PM Rejected: Timestamp #35679 15,000 7.250% $ 1,000.00 8/7/2013 9:04:02 AM Rejected: Yield #11344 1 7.250% $ 1,000.00 8/7/2013 9:21:05 AM Rejected: Yield #30763 250 7.250% $ 1,000.00 8/7/2013 9:26:53 AM Rejected: Yield #35915 1,000 7.250% $ 1,000.00 8/7/2013 9:30:17 AM Rejected: Yield #34594 25,000 7.250% $ 1,000.00 8/7/2013 10:09:03 AM Rejected: Yield #21446 25 7.250% $ 1,000.00 8/7/2013 10:20:39 AM Rejected: Yield #18909 20 7.250% $ 1,000.00 8/7/2013 1:46:34 PM Rejected: Yield #35914 500 7.250% $ 1,000.00 8/8/2013 9:47:49 AM Rejected: Yield https://www.auctions.zionsdirect.com/auction/10609/results?csrf_to…d51538d5fb01d5b35770649&sort=ytw&sort_direction=asc&page=4&pages=4 Page 2 of 3

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Zions Direct Auctions—Results 8/8/13 1:21 PM #35843 5,000 7.250% $ 1,000.00 8/8/2013 11:08:25 AM Rejected: Yield #30297 1,000 7.250% $ 1,000.00 8/8/2013 11:34:44 AM Rejected: Yield #17667 15 7.250% $ 1,000.00 8/8/2013 2:49:11 PM Rejected: Yield Auction Totals: 195,152 units $ 195,152,000.00 Page 4 of 4 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. NEWSLETTER Get market information, auction updates, new-issue alerts, and more. It’s weekly and it’s free! Email Address 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. Our Affiliates: 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. https://www.auctions.zionsdirect.com/auction/10609/results?csrf_to…d51538d5fb01d5b35770649&sort=ytw&sort_direction=asc&page=4&pages=4 AmeyBank of texas California Bank The Commerce Bank of Oregon The Commerce Bank Washington Zions bank Vectra bank national bank Nevada state bank

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