Candace Wiest, president and CEO of West Valley National Bank, WVBI and AZ Dental Bank, announced the launch of a new specialty division, AZ Physicians Bank.
The group will focus on providing loans to physicians for practice acquisitions, equipment, working capital, owner occupied commercial real estate.
“This specialty group will provide capital and expertise to the medical industry during this continued period of change in the healthcare industry,” Wiest said. “By utilizing the successful model of AZ Dental Bank, combined with guidance from two members of our board who are deeply ingrained in the medical community, as well as information obtained from our Medical Community Board, and the needs expressed by our physician shareholders and current clients, we believe we can bring expertise and added value to Arizona’s physicians. We have real time, real life information about what physicians value in a banking relationship and experienced lenders who are committed to providing that experience.“
For more information, contact Karl Frye, senior vice president of medical and dental lending at kfrye@azphysiciansbank.com or 480-535-2472, or Andrew Kamm, chief credit officer at akamm@azphysiciansbank.com or 623-535-2484