Banking Archives

Alliance Bank of Arizona expands East Valley presence

Alliance Bank of Arizona

Alliance Bank of Arizona, a division of Western Alliance Bank, the state’s largest headquartered bank and now fourth largest in Maricopa county in terms of market share, is set to break ground on a new banking office on the southeast corner of Market Street and Pecos Road in Gilbert later this month. As the go-to business banking… Read More →

Wells Fargo kicks off annual statewide food drive

Photo: niloo138 / 123RF Stock Photo

Wells Fargo is conducting its 9th Annual Summer Statewide Food Drive July 5 through 27. The event collects donations for food banks that span the entire state with collection bins in all 253 Wells Fargo Community Banking stores throughout Arizona. Donations will benefit members of the Association of Arizona Food Banks. In 2015, Arizona food banks… Read More →

UMB Bank expands team in Phoenix

Jim Patterson, CEO of UMB Bank in Arizona.

UMB Bank, n.a., a subsidiary of UMB Financial Corporation (Nasdaq: UMBF), has announced several promotions and new hires to its team in Phoenix. Frank Gorman and John Damiris have been promoted to commercial banking team leads, and Kevin Herbst was promoted to business banking team lead. Joseph Ponce has been hired as a private banking client… Read More →

Arizona banks make cyber crime insurance available

cyberbullying

Grandpoint Bank, which operates banks in California, Arizona and Washington, has introduced a new way for its business banking clients to protect themselves from financial losses due to funds transfer fraud and cyber deception through a first-of-its-kind cyber insurance group policy. Grandpoint Bank created Grandpoint Insurance Services, Inc., a non-bank insurance agency affiliate, to develop the Client… Read More →

Arizona Federal Credit Union makes big changes

Sustainable Banks, Green Banking

Arizona Federal Credit Union, a Phoenix-based financial cooperative, is shifting the focus of its retail delivery strategy based on a significant change in how members interact with the financial services the credit union offers. Similarly to most consumers, Arizona Federal members have increased their use of banking solutions that add convenience to their everyday lives,… Read More →

Factors to consider as companies look to grow globally

Self-Service Technologies, Technology

Going global. It’s a phase uttered often in the business world. But how do business leaders know when it’s time to take a company global? “Regardless of size, Arizona businesses should take a serious look at expanding into the global marketplace,” says Tony Braida, vice president of global banking for Bankers Trust. “With more than… Read More →

AERO Federal Credit Union opens Tempe branch

Enterprise Bank

AERO Federal Credit Union is opening its fourth community based branch to support the credit union’s newly expanded charter. AERO is open to those that live, work, worship, or go to school in their qualified field of membership. The new branch is located at 9845 S. Priest Dr., Suite 101, Tempe, AZ 85284. A grand opening celebration and ribbon… Read More →

Trusona becomes first insured transaction authenticator

mobile tech

The CEO and founder of Scottsdale-based Trusona has been saying his product TruToken can guarantee an authentic online transaction, but folks haven’t been believing him. But now, in a Monday announcement, Ori Eisen has proof to his claims, as TruToken becomes the first authentication platform to be insured up to $1 million. “It is not a… Read More →

Bank of America awards $300K in grants

valley forward receives grant

Bank of America this week hand-delivered nearly $300,000 in grants in just three hours to 18 local nonprofits working to increase educational and workforce development opportunities in the Phoenix community, according to a Tuesday announcement. According to these nonprofits, a cumulative total of more than 225,000 low and moderate income people will receive job training,… Read More →

How to avoid common small business banking pitfalls

small business

A Small business comes and goes every day, but what can they do to stay afloat when times get rough? According to Gallup, it is statistically proven that 50 percent of small businesses fail within the first five years. Because of that, it’s smart for small business owners to keep their bankers by their side.… Read More →

Down payment assistance for Valley home buyers

house

Wells Fargo & Company (NYSE: WFC), NeighborWorks America and its network member Trellis, announced the Wells Fargo NeighborhoodLIFT program has millions of dollars in down payment assistance grants still available for eligible Maricopa County homebuyers. “We are ready to help families qualify for the Wells Fargo NeighborhoodLIFT program down payment assistance grants,” said Patricia Garcia… Read More →

Meadows Bank brings top-ranked SBA lending to AZ

123rf.com: qvist

One of the top ranked Small Business Administration lenders, Meadows Bank, opened up its first Phoenix branch at 2141 East Camelback Road, Suite 100. Meadows has had an SBA loan production office in Phoenix for five years, but the Camelback branch is its first storefront, full-service location offering deposit and conventional loan products in addition to… Read More →

Wells Fargo donates $8 million to Arizona communities

123rf.com: tupungato

In 2015, Wells Fargo & Company donated more than $8 million to support Arizona schools and nonprofits while its employees volunteered 110,344 hours. This giving total represents $4,729,495 in corporate and foundation contributions and $3,317,986 personally contributed by Wells Fargo Arizona team members during its annual Community Support Campaign in September. The Arizona team members’ volunteer… Read More →

FirstBank promotes Phoenix, West Valley officers

FirstBank

FirstBank Holding Company, a holding company with 17 banking locations throughout the state, announced the promotions of two of its Arizona officers. R.J. Gildea, who’s been with FirstBank since 2007, was promoted to senior vice president of the West Valley market. Jeffrey Miller, who’s been with the company since 2010 and is located in FirstBank’s Scottsdale location, was promoted to vice president of the Phoenix market. “We believe in rewarding our… Read More →