Befuddled about where to invest your money? Maybe that shouldn’t be surprising. In the United States there are nearly 6,000 public companies that someone could invest in (never mind the rest of the world), and trying to find the shiny pearls in the midst of all that clutter is a grim task, says François Sicart, a wealth manager for over 50 years and author of Luck Is Not … [More]
Capital Management Firm Launches International Value Fund
Smead Capital Management announces the launch of the Smead International Value Fund, a series of the Smead Funds Trust, to public investors. On January 11th, 2022, the Smead International Value Fund succeeded all of the assets of the Smead International Value Fund LP. The Fund will offer retail and institutional share classes starting at a minimum of $100 for … [More]
First Community Bank in Arizona to Launch in More Than 14 Years Opens Doors
The highly anticipated Scottsdale Community Bank is opening its doors, becoming the first new community bank in Arizona in more than 14 years. Scottsdale Community Bank received final approval from the Federal Deposit Insurance Corporation and the State of Arizona effective January 10, and it plans to hold its grand opening for the public within the next 60 days. “We are … [More]
Credit Union Distributes $3M Year-End Payout to Members
As part of the credit union’s Member Bonus Payout program, Arizona Federal Credit Union announced the distribution of a $3 million year-end bonus to its members. Since 2012, the credit union has returned more than $45 million in bonus payouts to participating members. “As a financial cooperative, when members turn to us for their personal or business banking needs, we return … [More]
Lucid Selects Bank of America as Preferred Lender, Amid Stock Plunge
Lucid Group, which is setting new standards with its advanced luxury electric vehicles (EVs), announced it has selected Bank of America as its preferred lending partner. Lucid customers can apply for financing online at Bank of America or work with concierge agents for a seamless financing experience. Lucid began deliveries of the Lucid Air in October and has more than 17,000 … [More]
Western Alliance Bank to Use TassatPay Platform in Growing Digital Payments Market
Western Alliance Bank, the primary subsidiary of $50 billion Western Alliance Bancorporation, and Tassat Group Inc., today announced the bank will implement a fully integrated digital banking platform for its customers, which will include a digital token powered by the TassatPay Network and a private Ethereum blockchain. This platform will enable Western Alliance … [More]
First Internet Bank Expands Arizona Commercial Banking Team
First Internet Bank announced the hiring of Vice President of Commercial Banking, Ryan Hasher. Mr. Hasher joins First Internet Bank’s Arizona-based commercial banking team, reporting to Regional Vice President Neil Barna “Ryan is an invaluable addition to our team,” said Mr. Barna. “His experience and expertise will provide flexible financing solutions for our clients … [More]
Program to Disburse $13M in 1% Interest Loans and Specialized Business Coaching
Maricopa County and Prestamos CDFI, a division of Chicanos Por La Causa (CPLC), come together to provide much needed access to capital combined with personalized business coaching with the launch of the Maricopa County Small Business Resilience Program. The goal is to elevate struggling small businesses in their road to recovery post-pandemic and walk along with business owners … [More]
J.P. Morgan Hires Barry Lutz to Lead Arizona, Inter-Mountain Region Investment Banking
Barry Lutz, a seasoned investment banker and Air Force veteran, has joined J.P. Morgan’s regional investment banking team to lead and drive business expansion of the firm’s the new Inter-Mountain region. Based in Phoenix, Lutz, will provide clients across Arizona, Colorado, Utah, Nevada, Idaho, Montana, Wyoming and New Mexico with strategic advice on mergers and … [More]
Enterprising Podcast for Business Leaders Launches
Enterprise Bank & Trust, the banking subsidiary of Enterprise Financial Services Corp (NASDAQ: EFSC), has launched a new podcast for business leaders who want to build powerful connections, learn how to cultivate relationships and keep business relationships healthy and strong. The first three episodes of the podcast are now available, and new episodes will be released … [More]
Phoenix-Based eVisit Closes Funding Round Led by Goldman Sachs Asset Management
eVisit, the leading Virtual Care platform for large healthcare providers, today announced that it has closed a $45 million Series B financing round led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), with participation from Texas Health Resources, Tom Burton and Steve Barlow (Co-founders of Health Catalyst), and existing insiders. eVisit … [More]
First-of Its-Kind Financial Products Platform and Marketplace to Serve Hispanic Community Launches
Crediverso, the Hispanic-owned personal finance products company, today has launched a first-of-its-kind bilingual platform and a financial products marketplace tool to serve the 62M+ Hispanic consumers in the U.S., who are 2-3x more likely to be underbanked than the rest of the population. The free and all-inclusive bilingual digital platform is 100% designed for and fully … [More]
HomeAdvantage Expands to Serve Credit Union Members Nationally
Scottsdale-based HomeAdvantage®, the largest real estate Credit Union Service Organization, is expanding nationally to help credit unions secure more of their members’ purchase mortgage business no matter where in the United States the real estate transaction takes place. Credit union members can now connect with certified real estate agents and earn HomeAdvantage Cash Rewards … [More]
AVANA Companies Stepping In to Stand Out in FinTech
AVANA Capital’s recently launched LendThrive™ is a next-generation lending platform designed to help small businesses thrive while stimulating local economies. It is aimed at underserved companies in industries such as hospitality and renewable energy that are often overlooked by financial markets. We see industries like hospitality poised for a post-pandemic comeback, and … [More]
