ZIONS BANK’S WOMEN EXECS ONCE AGAIN RANK AMONG AMERICAN BANKER MAGAZINE’S MOST POWERFUL WOMEN IN BANKING
SALT LAKE CITY, Utah; October 1, 2013 — American Banker magazine’s October 2013 “Most Powerful Women in Banking” issue released today lists Zions Bank among its 4 Top Teams in the nation. This marks the fourth time Zions’ senior-level women have been recognized by the publication as a top team.
Additionally, LeeAnne B. Linderman, Zions Bank’s executive vice president of retail and omni-channel banking, ranked No. 19 on the magazine’s list of the “25 Most Powerful Women in Banking.” Lori Chillingworth, executive vice president of the bank’s Small Business Division, placed No. 19 among the “25 Women to Watch” list.
Zions Bank will be honored for its distinction at an awards ceremony hosted by American Banker on Oct. 10 in New York City.
According to American Banker, Zions is one of four banks “where women as a team are having a measurable impact on performance — and where a commitment to developing and promoting female talent will create new paths to power for the next generation of women.”
Women comprise 40 percent of Zions Bank’s corporate officer positions, and female executives are budgeted to contribute to 36 percent of the bank’s 2013 earnings.
“Zions Bank owes much of its success to the leadership of the bank’s women executives,” said Zions Bank President and CEO Scott Anderson. “I’m so proud that the talented bankers are again being recognized for their leadership, hard work and community involvement.”
Linderman has been individually listed among the women’s rankings in the magazine six times. As head of Zions Bank’s Retail and Omni-Channel Banking Division, she is responsible for Zions Bank’s network of 127 financial centers and 1,084 employees in Utah and Idaho. She also directs online and mobile banking, consumer lending, retail sales administration, Executive Banking and the diverse markets initiative. Active in the banking industry, Linderman is a member of the American Bankers Association’s Professional Development Committee. She was the first-ever female chairperson of the Utah Bankers Association from 2008 to 2009.
Under the leadership of the Small Business Division’s executive vice president Lori Chillingworth, Zions Bank has maintained its role as the top U.S. Small Business Administration (SBA) lender in Utah for the past 19 consecutive years, the No. 1 SBA lender in Idaho’s Boise District for the past 11 consecutive years and the premier SBA lender to women- and minority-owned businesses in the market.
Since 2007, Zions Bank has had a robust development program for hundreds of talented women officers called the Women’s Business Forum. The group convenes quarterly in Salt Lake City and in other satellite locations in Utah and Idaho. Women hear from speakers and discuss leadership, career development and work/life balance. Anonymous employee surveys have revealed high engagement scores for women employees, largely due to the forum.
After launching a formal mentoring program pilot targeting women officers in 2009, Zions Bank expanded the effort bank-wide to all employees in 2010. Now, 65 percent of those who are mentored are women or minorities.
Zions Bank is Utah’s oldest financial institution and is the only local bank with a statewide distribution of branches, operating 101 full-service offices. Zions Bank also operates 26 full-service branches in Idaho. In addition to offering a wide range of traditional banking services, Zions Bank is also a leader in small business lending and has ranked as the No. 1 lender of U.S. Small Business Administration 7(a) loans in Utah for the past 19 consecutive years. Founded in 1873, Zions Bank has been serving the communities of Utah for nearly 140 years. Additional information is available at www.zionsbank.com.