Banking Archives

Financial Experts Applaud Financial Literacy Law

money-talks

Arizona has joined 24 other states in passing Senate Bill 1449, which requires schools to teach financial literacy in a K-12 setting. It comes after a report from the Center for Financial Literacy, which gave Arizona a “B” for its efforts to improve financial literacy in high schools. “The new law has tremendous value in… Read More →

Wells Fargo Startup Accelerator Helps Tech Innovators

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Wells Fargo began accepting applications through October 1 from young companies interested in joining the new Wells Fargo Startup Accelerator, a semiannual boot camp for innovators whose technology ideas in payments, deposits, fraud, operations and other fields could shape future customer experiences in financial services. Wells Fargo will make a direct equity investment of $50,000… Read More →

Wells Fargo Arizona collects more than 19 tons of food

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Wells Fargo Arizona’s team members collected 39,328 pounds of food during the company’s statewide food drive that took place June 10-24. The amount of food collected was equivalent to providing 66,124 meals and benefitted Association of Arizona Food Banks members throughout the state at a time when the need is so great. Food collection bins… Read More →

Arizona Executives Don’t Vacation Without Smartphone

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BMO Harris Bank released a study today that found that most business owners and executives in Arizona do not truly “get away from it all” when it comes to vacationing. Seventy-three percent of the respondents admit to checking their work emails during their time off; albeit 11 percent lower than the national average. “Gadgets such… Read More →

Enterprise Bank adds 4 leaders to advisory board

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Enterprise Bank & Trust has added four respected business leaders to its Phoenix Advisory Board to help lead the bank as it continues to grow in the Southwest. Joining the 12-member board are Jeffrey S. Beyersdorfer of Western Refining, Inc., Jason Funk of Western Window Systems, Bill Lavidge of The Lavidge Company and Craig Rock… Read More →

Bank of America boosts rewards for Arizona consumers

A Guide to Applying for a Bank Loan

Preferred Rewards, a groundbreaking program that recognizes and rewards clients for choosing Bank of America for more of their banking and Merrill Edge for their investment needs, is now available for clients in California, Oregon, Arizona and Idaho. These states are within wave two of a four-wave national rollout of the program that began in… Read More →

Wells Fargo issues Environmental grants

Hiking Adventures - EAZ Fall-Winter 2012

The Nature Conservancy’s Arizona Forest Restoration Project and the Bureau of Land Management’s (BLM) Phoenix District Youth Initiative today received a Wells Fargo Environmental Solutions for Communities grant for $25,000 and $24,097, respectively. Both organizations were selected from among 54 environmental nonprofits to receive grant dollars totaling $3 million from the 2014 Wells Fargo Environmental… Read More →

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 →