Mutual of Omaha Bank Archives

Cohen Financial secures $10M acquisition loan

5 C's of Credit

Cohen Financial’s Neal Churney, CCIM, Managing Director of Cohen Financial’s Phoenix office, has secured a $10.335 million acquisition loan for the Villa Del Sol Apartments, a 320 unit multifamily property located in the Southwest Valley area of Phoenix, Arizona. Villa Del Sol is currently 97 percent leased. Mr. Churney arranged the loan with Mutual of Omaha… Read More →

Mutual of Omaha Bank opens Scottsdale location

mutual of omaha

Mutual of Omaha Bank will officially open the doors to its newest full-service location in Scottsdale on Monday, Nov. 16, Arizona Market President Kevin Halloran announced. Strategically located at 7373 North Scottsdale Rd., Suite A195, the location will feature a retail banking center, as well as space to accommodate a newly expanded commercial team that… Read More →

Mutual of Omaha Bank Announces Phoenix Appointment

David Van Slyke
by in Banking | Business News

David Van Slyke has joined Mutual of Omaha Bank as vice president of commercial banking in Phoenix. Based out of the bank’s Arizona headquarters at 9200 E. Pima Center Parkway in Scottsdale, Van Slyke will work with local businesses, offering comprehensive commercial banking services, including commercial deposit accounts, treasury services and full-scale commercial and industrial… Read More →

Bankers: Don’t try to time the market

house
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

house
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 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 →

Mutual of Omaha Buys Mortgages to Support Habitat Mission

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by in Business News | Finance

A growing number of families in central Arizona now have access to affordable housing, thanks in part to a unique arrangement between Habitat for Humanity Central Arizona (HFHCAZ) and Mutual of Omaha Bank. Mutual of Omaha Bank recently purchased more than two dozen non-interest bearing mortgages originated by Habitat for Humanity, totaling approximately $740,000. HFHCAZ… Read More →

Mutual of Omaha Names Manager of Mortgage Sales for Arizona

Winter, Robert 80565
by in Business News | Economy | Finance

Mutual of Omaha Bank has promoted Robert Winter to manager of mortgage sales for Arizona. Based in Scottsdale at 9200 E. Pima Center Parkway, Winter will lead the bank’s statewide mortgage lending group as they offer a comprehensive portfolio of residential financing solutions including conventional loans, jumbo loans, second liens, bridge notes, FHA and VA… Read More →

Mobile Banking Causes Security Concerns

Mobile Banking - AZ Business Magazine January/February 2012
by in AZ Business Magazine | Finance | Tech

Use of phone apps skyrockets 45 percent in six-month span, but how safe are they? The smart phone is becoming to banking what the knife has become to bread: It’s changing the way we consume. “Mobile banking has had the biggest impact on financial institutions since the introduction of ATMs,” says Paul Stull, senior vice… Read More →