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California Bank & Trust Announces Philanthropic Performance for 2010

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  Published in Business and Finance on Tuesday, February 8th 2011 at 5:51 GMT by Market Wire
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SAN DIEGO, CA--(Marketwire - February 8, 2011) - California Bank & Trust (CB&T) ([ www.calbanktrust.com ]) is pleased to announce its philanthropic performance and charitable activities in California for calendar year 2010. The bank contributed monetary and in-kind support of more than $800,000 to hundreds of charities that reside in the California communities where CB&T has branches. Of that total, $272,975 was allotted to community development, including affordable housing projects, community facilities and neighborhood projects throughout California.

"We are very proud of CB&T's tremendous spirit of generosity," said Steven Herman, Vice President and Manager of California Bank & Trust's Community Reinvestment Department. "CB&T's culture of giving encourages our associates as well," he added. "Last year, our associates stepped up to donate more than 6,528 volunteer hours to numerous non-profit organizations and also contribute an excess of $200,000 in support specifically for the United Way."

"Many people are facing difficulties in this economic slow-down and so many families are desperately in need," Herman continued. "As a community bank, CB&T and its associates have a strong connection to our local residents and we're honored to support the organizations who serve them."

About California Bank & Trust
California Bank & Trust, a subsidiary of Zions Bancorporation (NASDAQ: [ ZION ]), is one of the largest banks headquartered in California with over $10 billion in assets and more than 100 branches statewide. CB&T provides a full array of financial solutions for businesses and individuals, including commercial and small business lending, cash management, international banking and wealth management. The professional bankers at CB&T are backed by major resources, yet maintain local decision-making authority and regional market and industry expertise. They are committed to providing clients with valuable business and economic insights and to connecting them with the beneficial business relationships they need to succeed. To learn more, visit [ www.calbanktrust.com ].