SALT LAKE CITY - First Security Corp., a regional banking power in the western Rocky Mountains, is counting on a combination of proprietary and private-label mutual funds to power its recently revamped 401(k) product.

Executives of the $12.4 billion-asset bank said the move to mutual funds as the underlying investment vehicle for 401(k) plans was vital to protect its 268-branch network, which stretches from Bonners Ferry, Idaho, in the north through Utah to Albuquerque in the south.

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