Utah's biggest bank, First Security Corp., last week announced the results of Project Vision, an intensive search it began six months ago for ways to cut costs and become more competitive.

The $12.7 billion-asset bank said its plans for 1996 include $51.4 million of cost savings and a 23% reduction in its full-time staff of more than 6,700. First Security also expects to increase fees by $10.5 million.

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