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Zions' Vectra Bank Splits Wholesale, Community.

Publication: American Banker
Publication Date: 20-MAY-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Zions Bancorp. in Salt Lake City is splitting its Colorado banking unit into two business lines.

Vectra Bank, a $2.8 billion-asset company in Denver, is to divide its operations into wholesale banking and community banking, Bruce Alexander, its president and chief executive said in an interview last week.

Wholesale banking, to be led by Kirk Monroe, would encompass corporate real estate, corporate banking, and treasury management. Community banking, to be led by Denver-market president Scott Page, is to comprise business functions...

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