Banking Archives

Wells Fargo No. 1 SBA lender for small businesses

wellsfargo

Wells Fargo & Company, America’s No. 1 small business lender, has announced it is the No. 1 Small Business Administration (SBA) 7 (a) lender in Arizona in dollars and number of loans  approved for fiscal year 2015.  Wells Fargo approved 281 loans totaling $92,778,700 to Arizona businesses from Oct. 1, 2014 and Sept. 30, 2015.… Read More →

Desert Schools looks to give $60,000 to nonprofits

charity

Community involvement and giving back is a top priority for Desert Schools. After the success of the inaugural year, Arizona’s largest federal credit union is launching the second annual Shine On campaign with the intent to give up to $10,000 each to six deserving organizations. The following organizations were selected to participate in the 2015-2016… Read More →

FirstBank continues Arizona expansion with 17th location

1st Bank

FirstBank Holding Company, a holding company with multiple banking locations throughout Arizona, announced the opening of its newest branch in Ahwatukee at 3945 E. Chandler Blvd. Phoenix, AZ 85048.  The major cross streets are Chandler Blvd. and 40th Street.  The 4,200 square-foot location officially opened on September 23rd and marks FirstBank’s 17th branch in Arizona.  The Colorado-based… Read More →

Washington Federal appoints Omar Neira as business banker

123rf.com: qvist

Washington Federal has announced Omar Neira has been hired as a business banker for two of its three Arizona divisions, focusing on 23 of the 35 Washington Federal branches statewide. In his new role, Neira will be responsible for business development, commercial real estate loans and small business lending. Neira brings more than a decade… Read More →

Shred Day Phoenix returns November 7

123rf.com: Michael Thompson

Comerica Bank and information storage and management services company Iron Mountain Incorporated® are teaming up to host the second annual Shred Day Phoenix, a secure document shredding event, on Saturday, November 7, 2015, from 8 a.m. to 3 p.m. in downtown Phoenix. The free event, which will be held in front of Comerica Theatre on… Read More →

FirstBank launches ‘Elevator Pitch’ contest in Arizona

Chandler Innovation Center

FirstBank, which has multiple banking locations throughout the Phoenix Metropolitan Area, announced a new competition for businesses in Arizona. The competition, called the “FirstBank $20,000 Elevator Pitch Business Contest” will kick off on Tuesday, October 12 and, only a few weeks later, award one winner with $20,000, courtesy of the bank. Contest participants will be… Read More →

Best practices to effectively utilize letters of credit

5 C's of Credit

In brief, a letter of credit is a document from a bank guaranteeing that a seller will receive full payment, as long as certain terms and conditions have been met. In the event that the seller is unable to cover the full payment the bank will put up the outstanding amount. A letter of credit… Read More →

First Credit Union among best to work for

Two young woman working on a new creative design

First Credit Union (FCU) has been named one of the 2015 Best Credit Unions to Work For. Credit Union Journal has partnered with Best Companies Group to identify companies that have excelled in creating quality workplaces for employees. This survey and awards program is designed to identify, recognize and honor the best credit unions. The list is made up… Read More →

Ranking Arizona® will get a new look for the 2016 edition

Ranking

The 19th edition of “Ranking Arizona®: The Best of Arizona Business” will feature a makeover of the editorial content to help readers learn more about their favorite Arizona-based businesses. “Historically, we have published traditional profiles of each company,” said AZ Big Media Editor in Chief Michael Gossie. “This year, we are going deeper. We are… Read More →

HomeStreet expands in Arizona with new regional manager

wells fargo private bank

Dave Heuermann has joined HomeStreet bank as Regional Manager for the Mountain West Region. He will be overlooking 11 locations and more than 100 employees in Arizona, Colorado, Utah, Idaho, and Eastern Washington, and will be based in Phoenix. Heuermann has been working in mortgage lending and banking for over 20 years and is a member… Read More →

Landings Credit Union makes Best Credit Unions list

Landing Credit Union

Landings Credit Union has been named one of the 2015 Best Credit Unions to Work for Nationally. Credit Union Journal has partnered with Best Companies Group to identify companies that have excelled in creating quality workplaces for employees. This survey and awards program is designed to identify, recognize and honor the best credit unions. The… Read More →

Commercial lending expert joins Horizon Community Bank

5 C's of Credit

Horizon Community Bank, an Arizona Top 10 SBA lender specializing in loans from $100,000 to $4 million, announced the addition of commercial lending expert Scott Dickman as senior commercial banking manager. Dickman’s 38 years of financial experience, local relationships and deep knowledge of the Arizona market are anticipated to help Horizon Community Bank rapidly grow its… Read More →

Meet Arizona’s Most Admired Companies of 2015

lawyers

Each year, Az Business magazine and BestCompaniesAZ chooses 40 companies as winners of Arizona’s Most Admired Companies Awards. When developing the Most Admired Companies program, the primary goal of Az Business magazine and BestCompaniesAZ was to recognize those companies that excel in workplace culture, leadership, social responsibility, customer opinion and innovation. Here are Arizona’s Most Admired Companies of 2015: Alliance Residential Company Most… Read More →

FirstBank surpasses $1B in Arizona loan originations

bank loan

FirstBank Holding Company, a holding company with 16 banking locations throughout Arizona, announced the bank has surpassed $1 billion in loan originations since opening its first state branch in 2007. The loans are a mixture of commercial real estate, business, individual home loans and for non-profit organizations. To celebrate, all 16 FirstBank branches in Arizona will have… Read More →