First Fidelity Bank Archives

Cohen expands Southwest presence with two new hires

123RF.com, Copyright: valeriylebedev
by in AZRE Magazine | Newsmakers

Cohen Financial, a national real estate capital services firm, has announced that it has hired Kevin Sellers, Director of Capital Markets, and Krisie Holdaway, Associate, in the company’s Phoenix office.  Mr. Sellers and Ms. Holdaway report to Manny Brown, President of Capital Markets. In May 2015, Neal Churney joined Cohen Financial to lead the Phoenix office.… Read More →

Finance tips for Arizona’s young married couples

couple

According to a survey conducted by The American Institute of CPAs, financial matters are among one of the largest issues creating conflict among young American couples. Financial values need to be addressed between young couples, before and after they say their vows. So, when discussing a dream vacation and envisioning the perfect home, why not… Read More →

First Fidelity's tips to conquer financial resolutions

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According to Forbes, nearly 40 percent of people make New Year’s resolutions, but only 8 percent achieve their goals. Whether or not you have already made resolutions for 2014, consider taking a look at your personal and family finances to identify areas of financial improvement this year. “Most of the time, we are focused on… Read More →

First Fidelity offers creative ways for kids to save

Bank Loan, First Scottsdale Bank
by in Banking | Featured

In a recent survey conducted by the American Institute of CPAs, only 1 percent of parents questioned said their kids save any portion of their allowance. Additionally, 76 percent of Americans are living paycheck-to-paycheck, according to CNN Money. “It is never too late to start saving money,” said Kevin Sellers, executive vice president of First… Read More →

First Fidelity acquires Sunrise Bank of Arizona

Bank Loan, First Scottsdale Bank

Oklahoma City-based First Fidelity Bank, a locally owned, full-service community bank, has announced the purchase of Sunrise Bank of Arizona, based in Phoenix, Ariz. First Fidelity Bank will assume all deposits of Sunrise Bank of Arizona, which had six branch locations across the Phoenix area and more than 5,000 customers. Those customers will automatically become… Read More →

First Fidelity Bank names retail operations manager

Dawn Malone

Lee R. Symcox, president and CEO of First Fidelity Bank, a locally owned full-service community bank, has announced the promotion of Dawn Malone to retail operations manager, banking officer. Malone will be responsible for coordination and oversight of First Fidelity Bank’s retail operation functions in the Oklahoma City and Tulsa, Okla. and Phoenix, Ariz. markets… Read More →

First Fidelity offers tips to prepare for fire, drought season

wildfire

As the fire and drought season in Arizona continues, the risk for businesses and the importance to be prepared is higher than ever. Recent research shows that small businesses are particularly vulnerable with only 38 percent having an emergency or disaster preparedness plan, 84 percent don’t have natural disaster insurance and 71 percent don’t have… Read More →

First Fidelity Bank names vice president

David Dellana
by in Banking | Business News

Lee R. Symcox, president and CEO of First Fidelity Bank, a full-service community bank, has announced the addition of David Dellana as vice president, commercial relationship manager in the bank’s Biltmore location in Phoenix. Dellana brings more than 20 years in lending experience to his new role and will serve both the Phoenix and Scottsdale… Read More →

Bankers: Don't try to time the market

housing.prices
by in Banking | Featured | Real Estate

Timing is everything. But when it comes to buying a house, Valley banking leaders says it’s best not to rely too much on timing. “Potential buyers who are still on the sidelines waiting for housing prices to decline further may see themselves priced out of the market if interest rates rise,” says Carl Streicher, regional… Read More →

Bankers: Don’t try to time the market

housing.prices
by in Banking | Featured | Real Estate

Timing is everything. But when it comes to buying a house, Valley banking leaders says it’s best not to rely too much on timing. “Potential buyers who are still on the sidelines waiting for housing prices to decline further may see themselves priced out of the market if interest rates rise,” says Carl Streicher, regional… Read More →

Are Arizona’s anti-deficiency statutes feeding the bubble?

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by in Banking | Economy | Featured

Jack and Jill were living the American dream. They bought their dream house in 2006. Then, the economy spiraled downward. Jack lost his job. Housing values dropped, and the amount remaining on Jack and Jill’s mortgage exceeded the value of the property — commonly known as having a house that is “under water.” Jack and… Read More →

Are Arizona’s anti-deficiency statutes feeding the bubble?

by in Banking | Economy | Featured

Jack and Jill were living the American dream. They bought their dream house in 2006. Then, the economy spiraled downward. Jack lost his job. Housing values dropped, and the amount remaining on Jack and Jill’s mortgage exceeded the value of the property — commonly known as having a house that is “under water.” Jack and… Read More →

First Fidelity Bank offers layaway tips for Arizona residents

holiday.shopping
by in Business News | Finance

With the economy on the upswing for the first holiday season in years, national and local retailers alike are promoting layaway plans to help Arizona families buy something special for their loved ones without breaking the bank. “A layaway contract with a reputable retailer can be a great money-saving tool for the budget-conscious holiday shopper,”… Read More →