WASHINGTON - The Justice Department on Wednesday approved the $5.5 billion merger of Zions Bancorp. and First Security Corp., both of Salt Lake City.

The government is requiring the post-merger company, which will use the First Security name, to divest $2 billion of deposits in 63 branches in Utah and Idaho.When the deal was announced June 6, the companies said they expected $1.5 billion of deposits would have to be sold to win government approval.

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