Scott Anderson is on track to lead the nation’s banking industry association in 2021

BOISE, Idaho; Oct. 21, 2020 — Zions Bank President and CEO Scott Anderson was elected chairman-elect of the American Bankers Association during its annual convention Oct. 20. He will serve a one-year term among the ABA’s officers and is expected to be elected chairman of the ABA in 2021. The industry organization representing thousands of banks of all sizes across the U.S. that employ more than 2 million people.

Over the course of his 46 years in the financial services industry, Anderson has gained a keen understanding of banking industry issues as well as the needs of consumers and businesses.

As a past member of the American Bankers Association’s Communication Committee, Anderson encouraged the organization to empower member banks with tools to better communicate smart financial tips with consumers. He is an enthusiastic proponent of the ABA’s current #BanksNeverAskThat anti-phishing campaign, launched Oct. 1 as part of cybersecurity awareness month. The campaign is the largest consumer protection initiative in ABA’s history, with nearly 1,500 banks participating.

Anderson has also served as a member of the ABA’s Government Relations Committee and as a member of the Senior Advisors Group to the President’s Council on Year 2000 Conversion in Washington, D.C.

Anderson is committed to financial education and the role bankers play in helping the public become smart consumers. In 1997, the ABA’s Education Foundation launched an outreach effort called National Teach Children to Save Day. With only a few exceptions over two decades, he has personally taken time out of his day running the bank to visit school students and teach them financial ABCs. He has motivated his employees to get out into classrooms and teach as many K-12 students as possible, totaling more than 186,300 students in Idaho and Utah since 2002. Likewise, he has encouraged his employees to volunteer for the ABA’s National Get Smart About Credit Day each October since it began in 2003, mobilizing bankers to teach more than 42,600 high school students the perks and pitfalls of credit cards.

Anderson served as chairman of the Utah Bankers Association from 2002 to 2003 and was recognized as the UBA’s Distinguished Banker by our organization in 2010.

About the American Bankers Association

The American Bankers Association is the voice of the nation’s $21.1 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard $17 trillion in deposits and extend nearly $11 trillion in loans.

About Zions Bank

Zions Bank, a division of Zions Bancorporation, N.A. Member FDIC, operates 25 branches in Idaho and 98 branches in Utah and Wyoming. In addition to offering a wide range of traditional banking services, Zions Bank is also a leader in small business lending and has ranked as the No. 1 lender of U.S. Small Business Administration 7(a) loans in Idaho for the past 18 consecutive years. Founded in 1873, Zions Bank has been serving the communities of the Intermountain West for more than 145 years. Additional information is available at www.zionsbank.com