FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   Young Mark Richard 2. Date of Event Requiring Statement (Month/Day/Year) 06/01/2015 3. Issuer Name and Ticker or Trading Symbol ZIONS BANCORPORATION /UT/ [ZION] (Last) (First) (Middle) ONE SOUTH MAIN, 15TH FLOOR 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) __X__ Other (specify below) Exec VP / Pres. of Subidiary 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) SALT LAKE CITY, UT 84133-1109 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock 642.756 I By 401(k) Plan Common Stock 11,308 (1) D Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Comp	  (2)	  (2)	Series A Floating-Rate Non-Cumulative Perpetual Preferred	2,246.537 (3)	$ (2)	D	Â
Deferred Comp	  (4)	  (4)	Common Stock	15,074.462 (3)	$ (4)	D	Â
Stock Option (right to buy)	05/30/2015(5)	05/29/2021	Common Stock	9,000	$ 28.59	D	Â
Stock Option (right to buy)	05/24/2014(5)	05/23/2020	Common Stock	12,857	$ 27.49	D	Â
Stock Option (right to buy)	05/22/2016(5)	05/21/2022	Common Stock	3,109	$ 29.02	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Young Mark Richard ONE SOUTH MAIN, 15TH FLOOR SALT LAKE CITY, UT 84133-1109	Â	Â	  Exec VP	Pres. of Subidiary

Signatures

/s/Thomas E. Laursen as attorney-in-fact		06/05/2015
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Includes 1,938 shares of restricted stock or restricted stock units granted under the Zions Bancorporation 2015 Omnibus Incentive Plan vesting fully on May 22, 2019, and 7,366 shares of restricted stock or restricted stock units granted under the Zions Bancorporation 2005 Stock Option and Incentive Plan vesting fully on May 30, 2018. Grants have graded vesting schedules and vesting dates will vary for each tranche.
(2)	Each share of phantom stock entitles the reporting person to receive, on the date reported, one share of Zions Bancorporation Series A Preferred Stock or the cash value thereof. Prior to payment, the reporting person has the right to transfer the value of his phantom stock account into an alternative investment.
(3)	Includes shares acquired pursuant to Dividend Reinvestment.
(4)	Each share of phantom stock entitles the reporting person to receive, on the date reported, one share of Zions Bancorporation Common Stock or the cash value thereof. Prior to payment, the reporting person has the right to transfer the value of his phantom stock account into an alternative investment.
(5)	Grant has a graded vesting schedule. Date exercisable will vary for each vesting tranche.

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