Oct 12-57 Bank Director Post Goes To Ex-Utalm W. LaMar Webb, former senior vice president of the Wachovia Bank and Trust Co., Winston- Salem, N.C., has been elected a director of three Salt Lake banks, it was announced Friday. The banks are First National Bank of Salt Lake City, Zions Savings Bank and Trust Co. and Utah Savings Bank and Trust Co. ELECTION OF Mr. Webb as a director was one of several steps which have been taken in recent weeks preparatory to merger of the three institutions in which the Church of Jesus Christ of Latter-day Saints has majority interest. The merged bank will be known as Zions First National Bank. It was announced that a loan committee and an investment committee for the three banks, on which there is representation for each bank, had been formed. This will permit officers to familiarize themselves with the loan and investment portfolio of the new bank. Approval of the merger is now before the Comptroller of Currency in Washington, D.C. President David O. McKay of the LDS Church will be chairman of the board of the new Zions First National Bank. W. LaMar Webb . . . Named director of 3 S.L. bank groups.