SALT LAKE CITY
Jan. 25, 2013
/PRNewswire/ -- Since launching the Charity Auction platform in August, Zions Direct has completed 10 auctions. Through these auctions Zions Bank has already allotted
to be donated to the winning charities.
How does it work? When a bid is placed on an FDIC-Insured CD through a Zions Direct Charity Auction, the bidder will be prompted to select a charity from a growing list of non-profit partners. Once the auction closes, the winning bidders will receive their CD with the yield they bid or higher—just like in any other Zions Direct Auction—and Zions will direct a donation to the charities the winners chose. Zions Bank, parent company of Zions Direct, makes all contributions; no funds are deducted from the winning bidders' accounts or the purchased CD for these donations.
Since announcing the first four charities, the list of partners has grown to include 5 more worthwhile charities. They include:
Family Counseling Center
: Family Counseling Center works to make mental health and professional counseling affordable to those who are in need.
offers education to entire families as a goal to provide a brighter future for economically disadvantaged children and non-English speaking adults.
Habitat for Humanity Yuma
: Habitat for Humanity Yuma is committed to helping every man, woman and child to have a decent, safe and affordable home, ultimately providing families a solid environment to grow in.
works to develop the whole child through programs such as the Side-by-Side Teacher Training program in
's public schools and the Dancers with Disabilities class.
Utah Down Syndrome Foundation
: Utah Down Syndrome Foundation provides outreach, training, education, support and activities, for individuals with Down Syndrome as well as their families. The foundation focuses on providing a community that understands the need of those affected by Down Syndrome.
For more information about the Charity Auctions or to participate in an auction, visit
. Specific questions about the auctions can be directed to registered representatives of Zions Direct at 1-800-524-8875.
About Zions Direct
Zions Direct is a broker-dealer that specializes in offering securities for self-directed and fixed income-focused investors. Zions Direct allows retail investors to buy FDIC-insured certificates of deposit and corporate and municipal bonds through their web-based auction platform. In addition, clients can invest in stocks, mutual funds, and exchange-traded funds online or through a financial representative. Additional information can be found at
Investment products and services offered through Zions Direct, member of FINRA/SIPC.