President Thomas S. Monson dedicates Zions Bank Financial Center

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  • Uganda Dan Uganda, 00
    July 20, 2017 2:17 a.m.

    I just found an article that clearly states that the church no longer owns the bank. This makes this all wrong and very surprising in my eyes. It would also be wrong if it was owned by the church. It wouldn't be ethical to give this kind of ecclesiastic endorsement. Now that they don't own it, it is completely unethical. I couldn't link to the article, but search "zions bank benefits from ties to churvh" and you'll find it.

  • Loch Ness SPRINGVILLE, UT
    Dec. 18, 2013 12:14 p.m.

    Zion's Savings Bank and Trust Company was started by Brigham Young, president of The Church of Jesus Christ of Latter-day Saints (LDS Church),in 1873. Almost every company with the name Zion was or still is owned by the Church. Most people know this and are not surprised by Monson's dedicatory prayer.

  • Hospitality SPRINGVILLE, UT
    Dec. 18, 2013 12:07 p.m.

    Zion's Savings Bank and Trust Company was started by Brigham Young, president of The Church of Jesus Christ of Latter-day Saints (LDS Church), in 1873. Just about any business with the name Zion in it, was or still is owned by the church. So, I don't see why anyone would be surprised by Monson dedicating the building.

  • IndependentlyIndependent South Jordan, UT
    July 8, 2011 11:07 a.m.

    WHOA. As a member of the LDS church, there is something deeply concerning about this. I don't believe a church should be in the business of publicly supporting any particular financial institution, let alone offering a dedicatory prayer. I'm glad to see from the other comments that I'm not the only one raising a red flag here, but why is there not more LDS reaction to this?

  • Not_Scared
    July 25, 2010 4:05 p.m.

    "My how much the Church has changed over the years. you'd never find Joseph Smith embroiled in a banking institution."

    "The Kirtland Safety Society (KSS) was a quasi-bank organized in 1836 (and reorganized on January 2, 1837) by leaders and followers of the Church of the Latter Day Saints. According to KSS's 1837 "Articles of Agreement", it was intended to serve the banking needs of the growing Mormon community in Kirtland, Ohio. Its preamble stated it was:

    ...for the promotion of our temporal interests, and for the better management of our different occupations, which consist in agriculture, mechanical arts, and merchandising.

    However, by November 1837, KSS failed and its business closed. In the aftermath, Mormon leader Joseph Smith was fined for running an illegal bank, many bankrupted Mormons left the church because they believed Smith had established the bank in order to enrich himself and the Mormon leadership, and Smith and his associates fled to Missouri."

  • BauraKale
    July 25, 2010 3:30 p.m.

    My how much the Church has changed over the years. you'd never find Joseph Smith embroiled in a banking institution.

  • Sherwood
    May 19, 2010 11:02 a.m.

    "You can rest assured that this church doesn't put its investments and its confidence in anything that isn't stable, honorable and (having) a record of performance and integrity," he said.

    Besides Babylon that is.

  • JosephONE
    May 16, 2010 7:12 p.m.

    Come on guys... dedicating a BANK! This has nothing at all to do with Religion. What's next... Starbucks and Mustang Ranch? Anything for a buck, right?

  • C. Darwin
    May 15, 2010 8:08 a.m.

    Pres. Monson is a shining star in a dark world. May he be be honnnored for his goodness.