EXHIBIT 21

LIST OF SUBSIDIARIES

ZIONS BANCORPORATION

AT DECEMBER 31, 2001

SUBSIDIARY	STATE
Zions First National Bank	Federally chartered doing business in Utah and Idaho
California Bank & Trust	California
Nevada State Bank	Nevada
National Bank of Arizona	Federally chartered doing business in Arizona
Vectra Bank Colorado	Federally chartered doing business in Colorado and New Mexico
The Commerce Bank of Washington	Federally chartered doing business in Washington
Cash Access, Inc.	Utah
CSBI Capital Trust I	Delaware
GB Capital Trust	Delaware
Great Western Financial Corporation	Utah
Lexign, Inc.	Delaware
Lockhart Realty Company	Utah
Phaos Technology Corp.	New York
VBC Capital I	Delaware
Zions Financial Corp.	Delaware
Zions Insurance Agency, Inc.	Utah
Zions Life Insurance Company	Arizona
Zions Management Services Company	Utah