Commercial Clients Served by Bank Opening

by Mike Hunter

Sunwest Bank, which is no stranger to the Phoenix-Metro market, is opening a new location to service the commercial market as well as those seeking traditional banking needs. The Raintree Drive and Loop 101 location is the first retail banking center for the company in the Scottsdale area. “This new retail branch has been in the planning stages for several years, and, with the Phoenix area enjoying a strong economy, we thought it was an ideal time to open,” says Andy Phillips, market area president of Arizona, who works out of the new branch.

The new branch will offer a range of deposit products, including checking, savings, money market accounts and certificates of deposit, as well as cash and treasury management products, lockbox services, wire transfers and specialty deposit products for homeowner associations. The bank provides real estate financing, construction financing, equipment financing, lines of credit and Letters of Credit, as well as depository services for all commercial businesses.

Adds Phillips, “Sunwest is an entrepreneurial business bank with dynamic leadership that takes an untraditional approach to commercial banking.” Of Sunwest’s vison locally, he says, “Our philosophy promotes a collaborative approach by executives and relationship managers, tailoring a banking relationship, both loans and deposits, to fit the specific needs of the business and the principals’ long-term goals.”

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