Item 8.01 Other Events

Zions Bancorporation announced today that it has received preliminary approval from the U.S., Department of the Treasury to receive $1.4 billion of preferred equity by participating in the Treasury's Capital Purchase Program. Zions also announced a common stock dividend of $.32 per share payable on November 19, 2008 to shareholders of record as of November 5, 2008. Attached is a copy of the October 28, 2008 press release announcing the preliminary approval for participation in the Capital Purchase Plan and the common stock dividend.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

The following exhibit is furnished as part of this Current Report on Form 8-K:

Exhibit 99.1 Zions Bancorporation Press Release dated October 28, 2008.