federal deposit insurance corporation Archives

Western Alliance Bank moves up to No. 4 in Arizona deposits

Enterprise Bank

Western Alliance Bank, including its Arizona banking division, Alliance Bank of Arizona, has moved up to No. 4 in deposits across the state of Arizona from its 6th position last year, according to newly released data from the Federal Deposit Insurance Corporation.  The bank is part of top-performing Western Alliance Bancorporation (NYSE:WAL). Western Alliance Bank also… Read More →

Could Looser Lending Standards Boost Phoenix Market?

housing.prices

Will banks start to drop their standards and let people with slightly lower credit scores and much lower down payments buy homes? That’s the big question, after the Federal Deposit Insurance Corporation (FDIC) and other agencies voted to approve new, looser lending rules this week. A well-known expert from the W. P. Carey School of… Read More →

Are Arizona banks lending?

Enterprise Bank
by in Banking | Business News | Economy

Are they or aren’t they? Banks can only stay in business by making loans, not turning away customers who want to borrow money. So why does the public believe that banks aren’t lending? “The truth of the matter is that when things were really bad a few years ago, banks weren’t lending,” said Robert Sarver,… Read More →

Law Firms Report Stability In Financial Industry

by in AZ Business Magazine | Finance

Law Firms, Lawyers See Stability in Financial Industry As Arizona struggles to recover from a struggling economy, law firms are seeing a rise in the number of complaints filed in relation to banks and loans. Arizona lawyers have specifically seen an increasing number of claims involving commercial real estate and foreclosures. This indicates to lawyers… Read More →