Banking Archives

Most High-Net Worth Arizonans Enjoy Hobby Investing

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BMO Private Bank today released the results of a study on high-net worth Arizonans (those with at least $1 million in investable assets) and hobby (or passion) investing. The study, the fifth and last in a series by BMO Private Bank examining trends among the affluent, found that half of the state’s wealthy engage in… Read More →

Desert Schools Promotes Meshey to President

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Desert Schools Federal Credit Union has announced the appointment of the organization’s new president, Jeff Meshey. Desert Schools’ current CEO and President, Susan Frank, will retain the title of CEO and remain in the foremost executive leadership position. A former senior executive vice president and veteran of Desert Schools, Meshey assumes the role following 20… Read More →

Goodwill gets $30K Bank of America grant

Tailoring Jobs

Goodwill of Central Arizona recently received a $30,000 grant from the Bank of America Charitable Foundation that will provide funding to Goodwill’s Computer and Customer Service Training (CCST) program. The grant is part of the bank’s focus on supporting local workforce development programs. Goodwill of Central Arizona offers CCST training programs on-site at four (West… Read More →

Bank of America Volunteers Help Students

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Nearly 1,100 Bank of America associates in the metro Phoenix area will be spending time helping school children prepare for the coming school year at the Back to School Clothing Drive. Volunteers will help in many areas, including as “personal shoppers” for the thousands of schoolchildren who will pass through Alhambra High School this week… Read More →

Arizona State Credit Union Earns Excellence Award

A Guide to Applying for a Bank Loan

For the sixth time, Arizona State Credit Union has been awarded the Peter Barron Stark (PBS) Companies’ Award for Workplace Excellence. “It is with pride that we award Arizona State Credit Union with the 2014 Peter Barron Stark Companies’ Award for Workplace Excellence. Arizona State Credit Union’s commitment to providing caring service shines through their… Read More →

UMB Bank Announces New Camelback Location

Jim Patterson, CEO of UMB Bank in Arizona.

UMB Bank, n.a., a subsidiary of UMB Financial Corporation (Nasdaq: UMBF), announces the opening of a new full-service banking center in Phoenix, Ariz. The new center will be located in the prestigious Camelback Corridor at 2777 E. Camelback Road and will replace the company’s current Raintree location. UMB plans to move into the new location… Read More →

Debit Cards Continue to Show Resilience

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The 2014 Debit Issuer Study, commissioned by PULSE, found sustained growth in both consumer and business debit in 2013. Financial institutions weathered the Target data breach and are looking for solutions to enhance security, with many issuers now planning to implement EMV debit, the study shows. Debit program performance continues to improve, as active cardholders… Read More →

Arizona Central Credit Union Launches Kids’ Website

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Arizona Central Credit Union is launching a new initiative to encourage financial literacy among children. Designed for children between the ages of 8 and 12, this program is intended to encourage sound financial habits and further an awareness of positive saving and spending practices. Molly and Moe are the official mascots of the Monkey Money… Read More →

Protect mortgage credit information from cyber threats

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Hardly a day goes by without the revelation of another information security breach leaving thousands of consumers’ private information exposed to hackers and for sale to the highest bidders. Major retailers, financial institutions and educational institutions continue to be favorite targets of cyber criminals. As was seen in the recent breech with mega-retailer Target Corporation,… Read More →

Mortgage lenders prepare for impact of Dodd-Frank Act

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Stan Feffer is president and chief operating officer of Grand Canyon Title Agency, Inc. – a Phoenix-based firm with 18 offices located throughout Maricopa County. When Feffer is not leading Grand Canyon’s 120 employees, he prefers to navigate the cool waters off the coast of San Diego on his surf board. Patiently waiting for the… Read More →

Innovative Altier Credit Union unveils video ATM

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Altier Credit Union, headquartered in Tempe, has become Arizona’s first financial institution to deploy an In-Lobby Teller (ILT) ATM (Diebold Opteva 923). Members of the credit union will find Arizona’s first ILT ATM complete with a teller concierge representative at the newly remodeled Tempe branch location. The integrated ILT ATM provides advanced ATM technology and… Read More →

Desert Schools awards more than $40K in scholarships

Twelve recipients were awarded a scholarship through the Desert Schools Community Service Scholarship program.

Desert Schools Federal Credit Union has announced the recipients of this year’s Desert Schools Community Service Scholarship. In all, eight high school seniors and four college freshman were awarded scholarships totaling $42,500 for his/her volunteerism within the community. Through Shine On, Desert Schools 75th anniversary celebration, the organization has pledged to give back more than… Read More →

Most people don’t have financial plans

investing

Most of us put more effort into planning a vacation than planning our financial future. According to a study issued by BMO Harris Financial Advisors, only 38 percent of Arizonans have a financial plan, yet a majority admit a financial plan plays a critical role in achieving key life goals, such as saving for a… Read More →

BMO Names Miller as President, Western U.S.

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BMO Private Bank announced today that Matt Miller has been promoted to President, Western U.S. In this role, he will be responsible for the strategic development and delivery of wealth management services for high-net-worth individuals, family-owned businesses, endowments and foundations throughout the Western U.S. Miller has nearly 30 years of experience in the financial services… Read More →