Banking Archives

First Western Trust names president for Phoenix market

First Western Trust announced new leadership for the Phoenix market. Chad Maze, who has assumed the role of president, has overall responsibility for the lending, private banking, commercial banking, trust, and investment teams in Phoenix, focused on addressing the unique financial goals of our clients. Chad brings more than 25 years of experience in the… Read More →

State Bar of Arizona honors National Bank of Arizona

Enterprise Bank

National Bank of Arizona (NB|AZ), a division on Zions Bancorporation, has won the “George Lyons Interest on Lawyer Trust Accounts (IOLTA) Partnering Bank” award for the first time from the Arizona Bar Association. NB|AZ will be featured in Arizona Attorney and honored at the 2017 State Bar of Arizona Annual Convention in Tucson, where Tracy… Read More →

Washington Federal donates $2,500 to local organizations

Washington Federal, a full-service national banking institution with 31 branches across Arizona, has donated $500 to UMOM New Day Centers, $500 to the YWCA Metropolitan Phoenix and $1,500 to Save the Family Foundation through its foundation corporate giving program. “These donations will be able to aid the organizations in fulfilling their missions,” said Lisa Davey,… Read More →

Wells Fargo unveils new regional structure for business banking

Wells Fargo

In a move  to further strengthen its capabilities and local market presence, Wells Fargo’s  Business Banking Group (BBG), part of Wells Fargo & Company (NYSE: WFC), announced today it has moved from three to seven regions, with a banking leader appointed for each. With the new geographic presence, Wells Fargo can provide its Business Banking… Read More →

How to plan an exit strategy for your small business

Small Business

If you’re like many small business owners, the last thing on your mind is the thought of transitioning out of your business. According to a recent Wells Fargo/Gallup Small Business Index survey, 70 percent of business owners said they do not have a formal, written exit strategy or plan in place to outline what they’ll… Read More →

Mercury and BBVA Compass promote female-owned businesses

Phoenix Mercury and BBVA Compass have teamed up for the second annual “Bright Futures Women in Business” promotion, an initiative designed to support women-owned businesses and create opportunity for a brighter future throughout the Valley. The four-week program encourages leaders from women-owned businesses to write a short essay expressing how $2,500 in cash and $5,000… Read More →

Wells Fargo expands middle market banking in Southwest

bank loan

Wells Fargo (NYSE: WFC), the  No. 1 lender to U.S. middle market companies, announced today that it has established a new Southwest Division of its Middle Market Banking business. The new division will expand local, dedicated expertise for the bank’s Arizona, New Mexico, and Nevada customers. Selected to lead the new division is Neal Crapo,… Read More →

HGTV star partners with Desert Schools Federal Credit Union

Arizona fans of HGTV’s top-rated show “Love It Or List It” will be ecstatic to learn that the show’s star, Hilary Farr, has signed an exclusive contract to partner with Desert Schools Federal Credit Union for the “Love My Home” sweepstakes. The contest, open to all Arizona homeowners in Maricopa, Gila and Pinal Counties, will award $100,000… Read More →

Chase Bank buys 67-acre campus in Tempe

Chase Bank purchased 67 acres at the Discovery Business Park in Tempe near Elliot Road and Loop 101, according to an announcement from the bank on Thursday. Chase plans to have more than 4,000 employees on the 800,000-square-foot office campus and will be moving the first wave of employees onto the campus during the first… Read More →

Jim Lundy looks back on his mark on banking industry

Alliance Bank

James H. Lundy’s impact on Arizona’s business community is undeniable. He is the founding CEO of Alliance Bank of Arizona and helped grow it from a start-up bank in 2003 into the fourth-largest banking organization in Arizona. Lundy is past chairman and current board member of the Greater Phoenix Economic Council (GPEC). He is immediate… Read More →

Business leaders see interest rate hike as sign of improving economy

The Federal Reserve raised the key interest rate by a quarter-percent Wednesday, to 1.0 percent, a move that Arizona business leaders welcomed as one that is likely to benefit Arizona consumers in the long run. The new rate is still low, they said, and should offer consumers more variability in areas such as banking without… Read More →

BestCompaniesAZ names 100 Best Companies in Arizona

It is the purpose of BestCompaniesAZ and our calling – and has been for 15 years. We knew that better workplaces would create better lives, better communities, and more profitable businesses. Although it wasn’t about the money, the financial success was proven to be a benefit for best companies. Ten years ago, we were excited… Read More →

Tips for confronting and tackling holiday debt

After A Long Recession, Over-Spending May Be Tempting

Confronting debt may be something many Americans resolve to do in 2017, especially after the holidays. When tackling post-holiday debt Americans should consider laying out a clear, coherent plan – and sticking to it without neglecting their other long-term financial goals, such as saving for retirement. If you want to reduce your holiday debt, you… Read More →

FinTech grows up

When Snoop Dogg disrupts your business, you know you’ve got problems … and “Gin and Juice” ain’t one. The rapper is among those investors backing Robinhood, a popular FinTech (financial technology) app that makes trading stocks simple and free. Both Apple and Google say it was one of the 10 most downloaded apps of 2015.… Read More →