Following BMO's October 2025 announcement to open new financial centers in key U.S. markets, BMO is announcing more than 130 new California locations, and approximately 15 locations in Arizona. This multi‑year investment reflects BMO's commitment to expanding in‑person, advice‑led banking across high-growth communities in the Western United States. BMO operates more than 220 … [More]
Carvana Plans Stock Split Aimed at Expanding Employee Ownership
Carvana, an industry pioneer for buying and selling cars online, announced that its Board of Directors approved a 5 for 1 split of its common stock. The split is designed to ensure that earning and buying whole shares of Carvana stock is within reach for all of its team members. "This is the first split in Carvana’s history, and we believe it achieves the important goal of … [More]
Organic Grocer Backs Major Solar and Battery Project in Maricopa County
Schneider Electric, a global energy technology leader, and Sprouts Farmers Market, Inc., announced a landmark Tax Credit Transfer in collaboration with U.S. Bank, and Longroad Energy. This agreement advances the Sun Pond Solar + Battery Energy Storage System project in Maricopa County, Ariz. – home to Sprouts’ headquarters – and represents a significant step toward driving … [More]
AI Concerns and Middle East Tensions Drive Market Uncertainty
2026 has already been a year replete with spicy news items, and February was no exception. Our update is longer than usual, as the events of the last month require a bit more exploration. The primary February headlines came from a newsletter regarding the future of artificial intelligence (AI) and then, on the final day of the month, the initiation of military strikes against … [More]
Protect Your Mission: The finance framework for nonprofit leaders
With the right systems in place, nonprofit leaders can make better decisions, avoid surprises and stay focused on the work that matters most. A strong financial foundation doesn’t just protect their mission — it helps them advance it with confidence. In Protect Your Mission, nonprofit leaders will learn how to build a finance function that sets their organization up for … [More]
The Tao of Fundraising: The Science, Philosophy, and Psychology Behind Attracting Capital
One part how-to, one part psychological study and one part spiritual guide, The Tao of Fundraising delivers a blunt but necessary truth: The best ideas often go unfunded — not because they’re bad but because their creators don’t understand how capital flows. Fundraising is the most neglected art in modern business. Most MBA courses and coaching advice focus on what to do after … [More]
Credit Union Expands Arizona Footprint with New Mesa Location
Continuing its commitment to -- and investment in -- the local communities it serves, Nuvision Credit Union celebrated the grand opening of its new full-service Mesa-Longbow, Arizona branch with a ribbon cutting ceremony. The credit union welcomed more than 50 members, local officials and community leaders to the ceremony, including Mesa Chamber of Commerce’s CEO, Sally … [More]
Healthcare Procurement Platform Raises $3M to Scale following Record Growth Year
In Revenue Capital, the first operator-immersive venture capital firm, announced its participation in a $3 million funding round for Helia Care, alongside Habanero Ventures. The round caps off a record growth year for Helia’s revolutionary network for bill-only medical device procurement within health systems, suppliers, and distributors. With this investment, Helia plans to … [More]
Scottsdale Firms Partner to Launch New Annuity Index
North American Company for Life and Health Insurance, a member company of Sammons Financial Group and one of the largest issuers of fixed index annuities in the U.S., and Annexus, a leading independent insurance retirement product design company, announced the addition of the NYSE GEARS Index to the North American Secure Horizon FIA suite. The NYSE GEARS Index is a … [More]
New SBA Credit Program Backs Early Manufacturing Expansion
The U.S. Small Business Administration announced it has approved its first round of 7(a) Manufacturers’ Access to Revolving Credit Loans – already delivering $3.5 million in working capital to four manufacturers. The loan program, launched just prior to the federal shutdown, is the first-ever SBA loan offering dedicated to manufacturers – designed to provide maximum flexibility … [More]
Phoenix-Based Crypto Financial Firm Added to Russell 2000
Fold Holdings, Inc., a bitcoin financial services company making it easy for individuals to earn, save, and spend bitcoin through everyday financial tools, announced its inclusion in the Russell 2000 Index. The Russell 2000 Index is composed of a diversified group of small-cap U.S. stocks and represents approximately 5-7% of the market capitalization of U.S. public equities. It … [More]
Community Bank Unveils Art Advisory Service amid Region’s Rising Art Economy
Scottsdale Community Bank is elevating its client experience by launching an exclusive new art advisory service, a benefit rarely available at any bank level. By partnering with two of the city’s most respected art authorities, the bank now offers clients direct access to trusted expertise in acquiring, selling and curating fine art, which is a particularly valuable advantage … [More]
How Minority-Owned Businesses Can Counter Funding Barriers
Capitalizing on alternative collateral
Minority-owned businesses generate nearly $2 trillion annually in the U.S., yet consistently face disproportionate barriers to funding. Despite growing entrepreneurial momentum, these businesses receive less than 2% of venture capital and face systemic exclusion from traditional financing. This gap is not just a matter of inequality — it’s a multibillion-dollar market … [More]
Mesa-Based Tech Firm Regains Nasdaq Compliance Following Equity Rebound
Iveda®, a global provider of AI video analytics and smart infrastructure technologies, announced that the Company has received formal notification from Nasdaq confirming that it has regained full compliance with the minimum $2.5 million stockholders’ equity requirement as of November 25, 2025. This milestone achievement reinforces the Company’s commitment to operational … [More]
New “Lemonade Stand” Microloans Give Scottsdale Entrepreneurs and Nonprofits Up to $25,000
Scottsdale Community Bank is helping local businesses and nonprofits turn big ideas into reality through its pioneering Lemonade Stand Loan Program, a creative microloan initiative inspired by the spirit of a child’s first business venture. Besides its robust large loan program, qualified businesses, individuals and nonprofits can secure loans of up to $25,000 to help … [More]
OneAZ Credit Union Receives Final Regulatory Approval to Acquire 1st Bank Yuma
OneAZ Credit Union announced it has received regulatory approval from the National Credit Union Administration to acquire substantially all of the assets and substantially all of the liabilities of 1st Bank Yuma. On November 21st, 1st Bank Yuma will officially become part of OneAZ Credit Union, marking an exciting milestone in OneAZ’s growth and commitment to serving Arizona … [More]
PNC to Add 2,000 Jobs and 300 Branches, Arizona Market to Benefit from Growth
PNC announced it will be opening more than 300 new branches by 2030, adding 100 new branches to the expansion plans announced last November and increasing its total branch investment to approximately $2 billion. The additional branches, in markets including Nashville, Chicago, Sarasota and Winston-Salem, extend PNC's expansion efforts to nearly 20 markets across the United … [More]
Bank on It: Arizona’s Banks Funding Our Future
Commerce could not exist without money. But money by itself does not guarantee commerce will be successful. As an economic sector of its own, the financial industry comprises a variety of types of institutions — with a variety of products and services. For this article, In Business Magazine reached out to a select few of the major and community banks and credit unions that … [More]
