Alliance Bank of Arizona, the largest locally owned and headquartered bank in the state, announced groundbreaking this morning for its new Chandler office which will be located on Ray Road and the Loop 101 Price Freeway. Victor Napolitano, Senior Vice President of Alliance Bank, hosted the event and introduced Chandler Mayor Jay Tibshraeny and Jim Lundy, Alliance Bank CEO, for comments.
This will mark the 12th location for Alliance Bank, which was started just over a decade ago. The bank also broke ground for a new facility in Flagstaff today which will expand its existing Northern Arizona regional office space by three times.
The Chandler facility is scheduled to open in the Summer 2014 and is an extension of Alliance Bank’s growth in key business markets, including Chandler, where it already banks a large number of commercial, industrial and professional businesses. The new, two story 28,000 square foot office will house commercial and retail banking facilities as well as a number of support functions and will enable the bank to better serve its growing southeast valley customer base.
“Since we began over 10 years ago, we have been dedicated to being a strong lending resource for local businesses. We are excited about the prospect of working with the rapidly growing number of commercial and industrial businesses that call Chandler home. We are committed to being a thoughtful and consistent financial resource to help businesses grow. That commitment allows both the bank and its customers to succeed and in turn give back to the community,” said Jim Lundy, CEO, Alliance Bank of Arizona.
Alliance Bank of Arizona’s focus is to deliver a broader product array and larger credit capacity than a traditional community bank, and to offer relationship-based, personalized service, and lending capabilities to meet the needs of virtually any Arizona business. It is a division of Phoenix-based Western Alliance Bank.