Karin Lockovitch to Join Zions Bancorporation as New Director of Compliance

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Sep 09, 2015, 01:06 ET

SALT LAKE CITY, Sept. 9, 2015 /PRNewswire/ -- Zions Bancorporation (NASDAQ: ZION) ("Zions" or "the Company") announced today that it has named Karin Lockovitch as Director of Compliance, bringing 16 years of financial industry experience to the role.

Before her time at Zions Bancorporation, Ms. Lockovitch served as Senior Vice President and Consumer Compliance Officer for SunTrust Banks in Atlanta, GA where she had responsibility for the regulatory compliance of SunTrust's Consumer and Small Business Banking businesses that included a $125 billion portfolio.

Previously, Ms. Lockovitch served as Senior Director of Regulatory Risk Management for Ally Financial. Ms. Lockovitch was responsible for the development of the compliance program following the GM restructure. In addition, she supported the rapid growth to a $120 billion portfolio. She has also worked for Target Bank, Lehman Brothers Commercial Bank, and American Express Centurion Bank.

Active in her community, Ms. Lockovitch is a Certified Regulatory Compliance Manager (CRCM) through the American Bankers Association and a past Chair of the Utah Bankers Association Compliance Committee. She has served on the boards of Prevent Child Abuse Utah and the 4^th Street Clinic Healthcare for the Homeless.

Ms. Lockovitch began her career in finance and accounting. She holds a Bachelor of Arts degree from the University of Massachusetts, Amherst and a Master of Business Administration from the University of Utah.

"I am very honored to have been given this opportunity to support the Zions Bancorporation's Board, executive leadership and risk management organization through a very exciting period of change for the company," Ms. Lockovitch said. "I am looking forward to supporting the critical priority of ensuring a strong, client centric and comprehensive compliance risk program that will successfully support the bank through this period and into the future."

Zions Bancorporation is one of the nation's premier financial services companies, consisting of a collection of great banks in select western U.S. markets with combined total assets exceeding $55 billion. Zions operates its banking businesses under local management teams and community identities in 11 western and southwestern states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming. The company is a national leader in Small Business Administration lending and is a consistent recipient of numerous Greenwich Excellence awards in banking. In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices. Investor information and links to subsidiary banks can be accessed at www.zionsbancorporation.com.