Banking Archives

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

123rf.com: qvist

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 →

Hughes Federal Credit Union reaches $1 billion in assets

Sustainable Banks, Green Banking

Tucson-based Hughes Federal Credit Union has doubled its assets and membership since the recession seven years ago, after reaching $1 billion in assets and 106,000 members, according to an announcement. “To put our growth in perspective, the Credit Union’s assets grew 20 percent in 2016 or one-fifth our size in one year,” said John Sansbury, chairman… Read More →

10 things to watch in banking in 2017

banking
by in AZ Business Magazine | Banking

Banks put a tremendous number of man hours and pour a staggering amount of resources in analytics so they can better understand, navigate and predict their risk environment. But there are some things that just cannot be predicted and banking leaders have to sit back and take a wait-and-see attitude. Technology, politics, interest rates and… Read More →

Desert Schools helps deliver holiday cheer to our troops

veterans

Arizona’s largest federal credit union, Desert Schools, is partnering with Packages From Home to provide gifts and needed supplies for soldiers who are deployed overseas this holiday season. Faced with diminishing supplies during the holidays, the Glendale-based non-profit lists several items needed for the military, however, the largest need comes in the form of monetary donations that provide… Read More →

Phoenix sees decline in consumer spending growth, report shows

123rf.com: qvist

A recent report on the Local Consumer Commerce Index for August 2016, shows that Phoenix is among 12 U.S. cities in the report to see a decline in consumer spending growth with a 1.68 percent decline in growth. The JPMorgan Chase Institute Local Consumer Commerce Index  reports that all but three of the 15 major… Read More →

Chase to hire 200, will host Nov. 29 job fair

companies hiring

Chase has 200 job openings for experienced and inexperienced individuals in the Phoenix market, and is hosting a job fair to fill the positions. The job fair will be held on Tuesday, Nov. 29, from 9 a.m. to 7 p.m. in the Phoenix Chase Tower, 201 N. Central Ave. The financial institution is hiring for… Read More →

FSL receives $105,000 in donations from Wells Fargo

Clear Title

Wells Fargo & Company (NYSE: WFC) announced it will donate $105,000 to the Foundation for Senior Living (FSL) with two grants in support of local neighborhood revitalization efforts. FSL is receiving $100,000 from the 2016 Wells Fargo Housing Foundation Priority Markets Program as that awarded $6 million in grants shared across 56 nonprofits. The Priority Markets Program provides grant support… Read More →

Washington Federal Foundation supports PCH, Tumbleweed Center

Phoenix Children's Hospital

Washington Federal, a full-service national banking institution with 30 branches across Arizona, was proud to donate $2,500 to the Phoenix Children’s Hospital Foundation and $1,000 to the Tumbleweed Center for Youth Development, respectively, in October through its Washington Federal Foundation corporate giving program. The mission of the Washington Federal Foundation is to facilitate direct giving to… Read More →

Enterprise University offers retirement planning workshop

Employer Retirement Plans in Phoenix, Ariz.

Enterprise University, educational arm of Enterprise Bank & Trust, will feature a free workshop on how to plan for retirement on Tuesday, Nov. 15 at the Arizona Small Business Association in Phoenix. Designed for business leaders, managers and marketers, this workshop will highlight the specific factors behind a safe and strong retirement plan. Breakfast and… Read More →

Bank of Hope will sponsor Scottsdale LPGA event

LPGA Tour

Bank of Hope, the largest Korean-American bank in the United States, announced its partnership with the LPGA as the title sponsor for the newly renamed Bank of Hope Founders Cup. Teaming up with LPGA, Bank of Hope has agreed to a three-year deal as title sponsor of the Phoenix event. The tournament will feature a full field… Read More →

$50,000 in grants awarded to local nonprofits by OneAZ Credit Union

Clear Title

Reinforcing its commitment to the communities they serve, OneAZ Credit Union and OneAZ Community Foundation awarded grants to 33 local non-profit organizations from across the state. The awards are part of the Credit Union and Community Foundation’s community grants program, which gave $50,000 in much needed funds to organizations who serve a wide range of communities.… Read More →

Western Alliance Bank moves up to No. 4 in Arizona deposits

Enterprise Bank

Western Alliance Bank, including its Arizona banking division, Alliance Bank of Arizona, has moved up to No. 4 in deposits across the state of Arizona from its 6th position last year, according to newly released data from the Federal Deposit Insurance Corporation.  The bank is part of top-performing Western Alliance Bancorporation (NYSE:WAL). Western Alliance Bank also… Read More →

Enterprise University offers an inside look at Generation Y

Millennials

The largest living generation, Millennials, are now moving into their prime spending years. How well do we know them? The seminar, on Oct. 18, is designed for business leaders, managers and marketers, this workshop will highlight the economic influence of this young generation in the United States, and in the Phoenix market. Topics discussed will… Read More →