SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                  ------------

                                    FORM 8-K

                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the

                         Securities Exchange Act of 1934


                              ---------------------


                        Date of Report (Date of earliest
                                 event reported)
                      November 27, 2000 (November 20, 2000)


                              Zions Bancorporation
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            (Exact name of registrant as specified in its charter)


        Utah                       0-2610                     87-0227400
-------------------  ---------------------------------  ------------------------
      (State of            (Commission File Number)         (IRS Employer
    incorporation)                                        Identification No.)



    One South Main, Suite 1380, Salt Lake City, Utah          84111
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(Address of principal executive offices)                    (Zip Code)


                                (801) 524-4787
                        -------------------------------
                        (Registrant's telephone number,
                             including area code)


                                      N/A
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         (Former name or former address, if changed since last report)


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Items 1-4.

                  Not Applicable.


Item 5.           Other Events.

                  On November 20, 2000, the Registrant issued a press release
                  concerning its proposed merger with Draper Bancorp.  A copy
                  of the press release is attached hereto as Exhibit 99.1 and is
                  incorporated in its entirety herein.  A copy of the letter
                  sent out November 27, 2000 to Draper Bancorp's shareholders
                  notifying them of the transaction is attached hereto as
                  Exhibit 99.2 and is incorporated in its entirety herein.

Item 6.           Resignations of Registrant's Directors.

                  Not Applicable.


Item 7.           Financial Statements, Pro Forma Financial Information
                  and Exhibits.

                    (a)    Not Applicable.

                    (b)    Not Applicable.

                    (c)    Exhibits

                    The following exhibits are filed with this Current Report on
Form 8-K:

Exhibit
Number              Description
------              -----------

99.1                Press release, dated November 20, 2000

99.2                Letter to shareholders of Draper Bancorp, dated
                    November 27, 2000


Item 8.             Change in Fiscal Year.

                    Not Applicable.


Item 9.             Sales of Equity Securities Pursuant to Regulation S.

                    Not Applicable.



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                                    SIGNATURE



      Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



                                    ZIONS BANCORPORATION


                                    By: /s/   Dale M. Gibbons
                                       -----------------------------
                                       Name:  Dale M. Gibbons
                                       Title: Executive Vice
                                              President and Chief
                                              Financial Officer





Date: November 27, 2000


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