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]
Profit Pillars: A Proven System to Maximize the Bottom Line in Your Online Business
Online entrepreneurs regularly feel stressed, ashamed or frustrated about the financial side of their business because their accountants, bookkeepers and business coaches can’t give them the answers to the money questions they struggle with. Profit Pillars outlines step-by-step guidance in response to these questions so even the most creative and visionary online business … [More]
Scottsdale Private Equity Firm Introduces Hands-On Resources to Build and Scale Companies Faster
Montage Partners, a people-first private equity firm, introduces its Montage AccelerateTM program, designed to provide founders and management teams with hands-on resources and tools to build upon their successful foundation and scale their companies faster. Celebrating its 20th anniversary this year, Montage Partners has invested in 20 companies since its inception; nine are … [More]
Credit Union Acquires Yuma-Based Bank
OneAZ Credit Union and Western Arizona Bancorp, Inc., the holding company of 1st Bank Yuma, announce that they have entered into a definitive agreement in which OneAZ will acquire 1st Bank Yuma, assuming substantially all assets and liabilities, in an all-cash transaction. This transaction was unanimously approved by both the boards of directors of OneAZ and 1st Bank … [More]
Banking Platform Implementation Marks Innovation Milestone for Credit Union
OneAZ Credit Union is launching a transformative strategic partnership with Backbase, the creator of the Engagement Banking Platform, to modernize the credit union’s technology architecture. Through Backbase’s platform, OneAZ will deliver a simplified and streamlined banking experience, expanding beyond financial service offerings to include insurance, real estate and other … [More]
Oregon-Based Bank Targets Arizona for Expansion with the Opening of Three New Branches
Umpqua Bank, a subsidiary of Columbia Banking System, Inc., announced its continued expansion across the West with two new branch openings in Phoenix and Scottsdale, and a third Arizona location in Mesa planned for later this year. Expansion of the bank's retail network into Arizona follows the successful launch of its middle market banking presence in 2021. "Arizona is a … [More]
Lender Expands Loan Programs to Assist Arizona Investors with Acquisition and Development Financing
Hard Money Lenders Arizona, a leading provider of private money loans, announced the expansion of its loan programs to better support investors throughout Arizona. Under the leadership of Michael Iuculano, the company is introducing enhanced Acquisition and Development financing options tailored to meet the growing needs of real estate investors and developers in the … [More]
Trinity Capital Inc. Provides $30 Million in Growth Capital to Slingshot Aerospace
Phoenix-based Trinity Capital Inc., a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitment of $30 million in growth capital toColorado Springs-based Slingshot Aerospace, a leader in AI-powered solutions for satellite tracking, space traffic coordination, and space modeling and simulation. Based in El Segundo, CA, … [More]
Credit Union Launches New Program Offering 100% Financing with No Down Payment for Those Serving the Community
Desert Financial Credit Union is striving to make homebuying more affordable for members of the military, first responders, government and civil servants, educators and those in the medical field through its new Community Heroes First-Time Homebuyer Program launching Sept. 3. The program offers first-time homebuyers competitive interest rates and flexible terms without a … [More]
