OneAZ, the Arizona credit union known for its competitive rates, announced the launch of a revitalized new brand that reflects its commitment to driving prosperity and community growth across Arizona. Honoring nearly 74 years of trusted service, OneAZ is stepping boldly into the future with a fresh look and renewed promise to help Arizonians succeed. “Today, we're unleashing … [More]
Funding Network Announces Co-Chairs to Lead Initiative Following Launch
The Arizona CDFI Network, launched on February 13, 2025, has appointed Andre T. Whittington, CEO of Growth Partners Arizona, and Amber Cordoba, Senior Director of External Affairs at Prestamos CDFI, as Co-Chairs to lead the initiative in expanding business lending and investment opportunities across the state. The Arizona CDFI Network brings together six financial … [More]
Credit Union Gets Regulatory Approval to Acquire Republic Bank of Arizona
Pima Federal Credit Union announced that it has received regulatory approval to acquire Republic Bank of Arizona. The acquisition is scheduled to close on May 2, 2025, marking a significant milestone in their commitment to expanding their services. With combined total assets of $1.5 billion, this strategic acquisition will enable Pima Federal to offer an enhanced suite of … [More]
Phoenix-Based Asset Management Co. Expands Institutional Fundraising Efforts with Latest Appointment
Trinity Capital Inc., a leading international alternative asset manager, announced the appointment of Zach Taffet as Director of Capital Formation & Investor Relations. Mr. Taffet will help drive the strategic direction for the Company's private fund strategies and management of institutional capital through its RIA platform. Mr. Taffet brings nearly a decade of … [More]
Bank of America Names New Market Executive
Mary Noor is stepping into the role of Phoenix Market Executive for Bank of America. Scott Vanderpool, Bank of America Market President, had filled this role for several years, in addition to serving as market president, and more recently stepping back into Business Banking and taking on the role of Market Executive for that line of business last year. In this highly visible … [More]
CrossFirst Bank Snatched Up by Illinois-Based Busey Bank
Illinois-based First Busey Corporation, the holding company for Busey Bank, announced the completion of its acquisition by merger of CrossFirst Bankshares, Inc., the holding company for CrossFirst Bank, effective March 1, 2025. The transaction was previously jointly announced on August 27, 2024. CrossFirst Bank operates two branches in Arizona, one in Phoenix and another in … [More]
Comerica Bank Names New Arizona Market President
Comerica Bank announced today Troy Norris has been named its Arizona Market President. Norris will also serve as the Group Manager for Business Banking and Middle Market in the region. As Market President, Norris will manage business and community development efforts, including acquiring and strengthening relationships in Arizona. He will also oversee the Middle Market & … [More]
Kansas-Based Bank Expands Presence in Phoenix with Completed $2B Acquisition
UMB Financial Corporation announced that it will close the acquisition of Heartland Financial USA, Inc., effective at 11:59 p.m. As a result of this successful completion, UMB’s asset size will increase to approximately $68 billion (based on assets as of Dec. 31, 2024), expanding its geographic footprint from eight to 13 states. Arizona is a growing market for the bank. The … [More]
Credit Union Annual Cashback Bonus Reaches $100M over Past Eight Years
Desert Financial Credit Union will distribute $16 million in Member Giveback Bonuses later this month, bringing the total to $106 million awarded over the past eight years. The annual cashback reward is one of the many ways Desert Financial rewards its members for doing more of their banking with the credit union. “The giveback bonus is just one of many perks for Arizonans … [More]
Smead Capital Management Appoints Conor O’Callaghan as Chief Operating Officer
Smead Capital Management, a Phoenix-based investment management firm and a leader in value investing, announces the appointment of Conor O’Callaghan as Chief Operating Officer. This key addition comes as the firm continues to build on its significant growth, having more than tripled its assets under management over the past four years. With over two decades of … [More]
The Financial Restructuring Tool Set
Excessive corporate debt can lead to financial distress, which prevents a business from realizing its full potential. When this occurs, a company transforms into a “zombie,” incapable of making essential investments for its future growth or attracting the resources required to execute its business strategy effectively. In this book, restructuring veteran Mike Harmon provides an … [More]
Financial Confidence for Digital Agencies
Financial Confidence for Digital Agencies addresses those who are short-changing their digital agency with poor financial management. Those who want to grow their profits, be confident about their cashflow and, ultimately, scale successfully need to become financially mature. And the bigger the business becomes, the more this matters. Business owners have a distinctive … [More]
Monetary Economics and Policy
Over the past two decades, monetary policy has been deployed in unprecedented ways, as central banks attempted to mitigate the adverse consequences of the 2007–2008 financial crisis, the COVID-19 global lockdown and recent inflationary surges. In Monetary Economics and Policy, Pierpaolo Benigno offers a new way to understand the potency and effectiveness of monetary policy. He … [More]
Phoenix-Based Capital Co. Provides $20M in Growth Capital to Steno
Trinity Capital Inc., a leading provider of diversified financial solutions to growth-oriented companies, announced the commitment of $20 million in growth capital to Steno, a tech-enabled provider of legal support and court reporting services. Steno provides tech-based tools and solutions meant to streamline the litigation process, including court-reporting services, remote … [More]
Employees’ Financial Future: A 401(k) Imperative
And their employers’ fiduciary responsibility
For many employers, managing a 401(k) plan has become another administrative task. Yet, as businesses seek to attract and retain top talent, the 401(k) plan holds untapped potential as a strategic tool for long-term workforce engagement and financial well-being. Unfortunately, employers are conducting fewer benchmarking audits of their retirement plans. Companies need these … [More]
Credit Union Launches Buy Now, Pay Later to Members, First in Arizona
Chandler-based First Credit Union announced that it has added Buy Now, Pay Later (BNPL) to its suite of online banking products. First CU has selected equipifi, a leading BNPL platform also headquartered in Arizona, to power its solution. First Credit Union is the first credit union to launch BNPL in Arizona. It has selected equipifi, a leading BNPL platform designed for … [More]
UBS Hires New Lead for Arizona Wealth Management Market
UBS Wealth Management announced that Ryan Lurie, APMA, has been appointed to lead the firm’s Arizona offices. Ryan will be based in the Scottsdale office and will oversee the firm’s financial advisors and support staff in Phoenix and Scottsdale. He will report to Justin Frame, UBS Market Executive for the Pacific Desert market, which includes San Diego, Orange County, Hawaii, … [More]
PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States, Including Arizona
PNC Bank announced it is increasing its branch investment by $500 million to open more than 100 additional new branches and renovate 200 more existing locations across the country. These plans expand upon the 100 new locations and 1,200 branch renovations the company announced in February. Today's announcement brings the bank's total investment to approximately $1.5 billion to … [More]
