Banking Archives

UMB hires Richard Ziegner as director of healthcare banking


UMB Bank, n.a., a subsidiary of UMB Financial Corporation (Nasdaq: UMBF), announced that it has hired Richard Ziegner as executive vice president and director of healthcare banking. Ziegner is responsible for leading the bank’s efforts in the healthcare sector and providing capital and financial solutions to healthcare providers. Ziegner has more than 20 years of… Read More →

FirstBank increases Arizona deposits by more than 32%

Arizona Green Jobs Increase

FirstBank Holding Company, with 16 banking locations throughout Arizona, has announced its 2015 second quarter financial results for its Phoenix, East and West Valley markets. As of June 30, the FirstBank branches in Arizona increased deposits by 32.8 percent from $228.4 million in 2014 to $303.4 million in 2015. The bank also saw significant growth… Read More →

Arizona State Credit Union will award 41 scholarships

valley forward receives grant

Arizona State Credit Union has announced its 2015 Scholarship and Grant Program. This year, the Credit Union will award a total of $44,000 to students and graduates. Each of the Credit Union’s 20 branch locations will award one $1,000 scholarship to students and one $1,000 grant to graduates who are Credit Union members. “We are proud… Read More →

Umpqua Bank hires Ward Hickey to lead new Arizona office

wells fargo private bank

Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ:UMPQ), has announced its expansion into Arizona with its new SBA loan production office in Phoenix and the addition of Ward Hickey as vice president – Arizona, specializing in commercial real estate lending. “We recognize the essential role small businesses play in creating thriving communities,” said Cort… Read More →

Wells Fargo invests $7.3M in Arizona schools, nonprofits

Arizona School Choice Trust

Wells Fargo & Company (NYSE: WFC) has announced that it invested more than $7.3 million in schools and nonprofits in Arizona in 2014 – totaling more than $20,000 in daily giving to local nonprofit organizations.  Wells Fargo team members personally pledged more than $3.4 million of the total in addition to recording 90,757 volunteer hours… Read More →

How can you raise financially savvy children?

With school out for the summer, there’s no better time to teach children about money and finances, experts say. “By teaching children the importance of opportunity costs at a young age, we can better prepare them to become confident and successful members of our community once they enter the real world,” says Jim Lundy, CEO… Read More →

Arizona Central CU teams up with Suns, Mercury

Shannon Brown

Arizona Central Credit Union has announced the signing of a multi-year marketing partnership agreement with the Phoenix Suns and Mercury basketball teams.  The NBA and WNBA teams play home games at the US Airways Center in Phoenix.  Also headquartered in Phoenix, Arizona Central Credit Union serves more than 55,000 members across Arizona with locations in… Read More →

Technology, preparation can help prevent fraud


Fraud can come in many forms, from counterfeit checks to stolen credit cards and trusted employees to savvy hackers. For businesses, fraudulent activity is always bad news. According to the Association for Financial Professionals’ (AFP) 2015 survey, 62 percent of companies were targets of payments fraud in 2014 with financial losses that ranged anywhere from… Read More →

Super Bowl pumps $719 million into Arizona’s economy


Super Bowl XLIX scored big for Arizona’s economy. A study completed by the Seidman Research Institute, W.P. Carey School of Business at Arizona State University, determined that Super Bowl XLIX, the 2015 Pro Bowl and related events produced a gross economic impact of $719.4 million in the region. The announcement was made today at The… Read More →

Desert Schools plans day of service at food banks


Summer break for many children means time playing at the pool, going to camp and family vacations. However, for many in Arizona the summer is a very difficult time due to food insecurity. Desert Schools Federal Credit Union wants to make a difference. On June 24, more than 150 managers and employees from Arizona’s largest… Read More →

Enterprise Bank to inject capital into Arizona projects qvist

Enterprise Financial CDE, LLC, the community development entity of Enterprise Financial Services Corp (NASDAQ: EFSC), has been selected by the CDFI Fund of the U.S. Department of Treasury to receive a $65 million allocation of New Markets Tax Credits (NMTC). In Phoenix, Enterprise Bank & Trust is actively seeking investment opportunities for a portion of… Read More →

Homeowners Financial Group continues to grow


Scottsdale-based Homeowners Financial Group USA, LLC has announced that it recently opened two new offices – Tampa and Orlando – enlarging the award-winning mortgage company’s footprint to 21 offices in 10 states nationwide.  Since January 2015, Homeowners Financial Group’s Florida Regional Manager Ted Jeschke has increased the company’s Florida team to 17 employees between the… Read More →

Bank of America awards $275K to 20 nonprofits


The Bank of America Charitable Foundation has announced $275,000 in grants to 20 nonprofits providing workforce development and education opportunities in Valley communities including Phoenix, Scottsdale, Tempe and Chandler. The grants are part of Bank of America’s focus on employment opportunities and preparing the under-employed and the next generation of workers with the skills needed… Read More →

UMB Bank expands Phoenix team


UMB Bank, n.a., a subsidiary of UMB Financial Corporation has hired Tom Goetzinger as vice president, portfolio manager and Sean Scibienski as vice president, business banking relationship officer for its Arizona team. Goetzinger has more than 15 years of experience in the financial services industry. In his role, he is responsible for all aspects of… Read More →