Ed Zito Archives

Technology and regulation are changing banking

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The banking industry in Arizona has improved since the the Great Recession; profitability and earnings are up, the number of the FDIC troubled banks list is down and the number of troubled loans and foreclosures are both down. Things are looking great, right? Larger institutions in Arizona are doing well because of their relationship to… Read More →

How can companies increase chances of securing capital?


Silicon Valley Bank committed to lend or invest at least $100 million to technology and life science companies based in Arizona over the next five years, yet many experts say lack of money is preventing the state’s tech sector from exploding. “One area we still need to improve is in the area of capital availability,”… Read More →

Alliance Bank boosts Valley development, bottom line

ED ZITO: “We feel like we are all owners,” said the president of Alliance Bank of Arizona. “We like to preach to our newest members of the team, ‘run it like you own it.’ If you have than mentality from the get-go, that is the hallmark that has made us the largest headquartered bank in Arizona.” Photo by Shavon Rose, AZ Big Media

Ed Zito began his financial career with the United States Treasure Department. As president of Alliance Bank of Arizona, a subsidiary of Western Alliance Bancorporation, Zito helped the financial institution cross the $10 billion mark in June, obtain a $2 billion market cap for its stock and grow into the 67th-largest publicly traded bank-holding company… Read More →

Alliance Breaks Ground on Flagstaff Banking Center

bank loan
by in Banking | Business News

Alliance Bank of Arizona, the state’s largest locally owned and headquartered bank, broke ground Friday on a new multimillion-dollar Flagstaff banking center.  Alliance Bank of Arizona President Ed Zito hosted the groundbreaking event with Executive Vice President Sherri Slayton. The event was also attended by Flagstaff Mayor Jerry Nabours and President and CEO of the… Read More →

AzBA Brings Regulatory Burden to Sinema

Kyrsten Sinema
by in Banking | Business News

Seldom will you find a Member of Congress spending his or her few days out of session at a community bank.  That’s just where freshman U.S. Representative Kyrsten Sinema spent Wednesday afternoon. “It’s our job in Congress to strike the appropriate balance between a secure banking industry and adequate access to capital for families and… Read More →