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SUBSIDIARY			STATE OR JURISDICTION OF INCORPORATION/ORGANIZATION

Terra Amica, LLC			Delaware

Zions Capital Partners, Inc.			Delaware

Zions Center of Excellence, LLC			Delaware

Zions Opportunity Fund, Inc.			Delaware

PPS Data, LLC			Nevada

Amegy Holding Texas, Inc.			Texas

Exchange Services L.L.C.			Utah

Zions Capital Advisors, Inc.			Utah

Zions Credit Corp.			Utah

Zions Direct, Inc.			Utah

Zions Insurance Agency, Inc.			Utah

Zions Public Finance, Inc.			Utah

Zions SBIC, LLC			Utah

ZMFU II, Inc.			Utah