financial institutions Archives

Understanding The Function, Purpose, Regulation Of Financial Institutions

financial institutions - bank

The functions and regulations of financial institutions have changed since our most recent recession and will likely continue to be governed at a higher level going forward. This is critical for the success of our future economy. Financial institutions help provide opportunity for our economic growth and improve our living standards. They do this by… Read More →

CEO Series: Jerry Colangelo

Jerry Colangelo discusses Arizona's economic future and more. - AZ Business Magazine Nov/Dec 2010

Local businessman Jerry Colangelo talks basketball, Arizona Commerce Authority, the recession and more. Jerry Colangelo Title: Principal Partner Company: JDM Partners Did you always aspire to be in business or was it circumstances that put you on this path? I transferred universities for basketball reasons, originally. I went to (University of) Kansas for a semester… Read More →

Arizona’s Credit Unions Want To Make Larger Loans To Small Businesses

Make Larger Loans To Small Businesses - AZ Business Magazine Sept/Oct 2010
by in AZ Business Magazine | Featured | Finance

As lending opportunities for small businesses throughout Arizona continue to tighten, legislation has been moving through Congress that would enable Arizona’s credit unions to make more loans to small businesses. The media is filled with reports about how small businesses are having trouble gaining access to affordable credit. Credit unions did not take TARP money… Read More →

Valuations For Financial Institutions Are Falling — And Presenting New Opportunities For Estate Planning

“Strange,” “Nothing like it before,” “Astonishing” are a few ways to describe what has transpired in the financial institution industry over the last several months. As liquidity and asset concerns for financial institutions have become magnified, national economic trends have exacerbated the situation. Despite all of this gloomy news there is at least one silver… Read More →

Arizona’s Credit Unions Are Reaching Out To Small Businesses

credit unions reaching out to small business
by in AZ Business Magazine | Featured | Finance

Relative newcomers to the field of making business loans, credit unions nonetheless have become key players in today’s tight-money economy. Barely 10 years ago, credit unions concentrated mainly on savings and checking accounts, and made personal, auto and home loans. But the Credit Union National Association says credit unions nationally originated $6.5 billion in business… Read More →

A Look Back Finds Substantial Changes To Arizona’s Legal Landscape

Law Review - Arizona’s Legal Landscape

Rapid-fire change has become the status quo in the legal and business community over the past 25 years. This change is particularly apparent to me, as my firm, Fennemore Craig, will celebrate its 125-year anniversary in Arizona next year, and I have practiced law for more than three decades. One of the most pronounced and… Read More →

Best of the Best Awards 2009: Finance & Professional

National Bank of Arizona - Best of the Best Awards 2009 presented by Ranking Arizona
by in Events

Finance & Professional Honoree: Banks: $900M or more in AZ assets National Bank of Arizona With 25 years of strength, stability and profitability, National Bank of Arizona is one of the state’s premier financial institutions. Since its inception, National Bank of Arizona has been there for its customers, continually searching for new ways to help… Read More →

Financial Institutions In Arizona Are Expected To Receive Bailout Money

Financial Institutions Receive Bailout
by in AZ Business Magazine | Economy | Finance

While most of Arizona’s state-chartered banks were mulling over their options for federal assistance late last year, Uncle Sam was injecting billions of dollars of new capital into national banking companies with Arizona subsidiaries. The question is whether any of that money from the Department of the Treasury’s $700 billion Troubled Asset Relief Program (TARP)… Read More →