As our country prepares to spend billions of dollars in new funding on environmental efforts, America is sitting on a gold mine in the fight against climate change, and we need to do something about it. The opportunity lies with small businesses. Many small-business owners want to be more environmentally friendly — and all are interested in saving money. Implementing … [More]
Lending Partnership Launches New Assistance Program to Grow Black Homeownership in the U.S.
BMO announced the launch of a new Homebuyer Assistance Program for graduates of Historically Black Colleges and Universities (HBCU) and Predominantly Black Institutions (PBI), in partnership with the National Association for Real Estate Brokers (NAREB), a trade organization and network of Black real estate professionals. BMO and NAREB will work to increase homeownership in … [More]
Upcoming Changes Make Getting a Commercial Loan a Priority Now
Small business owners who have been on the fence about seeking a commercial loan may want to take notice of some changes that are about to take place in the financial world. Our Soldiers Corp (OSC) is warning that now is the best time to get a commercial loan due to those upcoming changes. Those who do not act now may have a more difficult time securing the funding later … [More]
Holmes Murphy Names Vice President for Property Casualty Division
Holmes Murphy is excited to announce that Amy Tanny has joined the organization as a Vice President of Property Casualty. In this role and as part of Holmes Murphy’s Placement team, Tanny will be focused on helping the company win new business, supporting the team as a resource for client renewal placements (a new resource for the enterprise), and assisting with Holmes … [More]
Father-Son Team Joins LPL Financial to Launch Scottsdale-Based Advisory Firm
LPL Financial LLC announced that financial advisors Larry Lytle and Zach Lytle have launched an independent practice, Wiser Advisor Group, LLC, and joined LPL Financial’s broker-dealer, RIA and custodial platforms. The advisors reported having served approximately $130 million in advisory, brokerage and retirement plan assets* and join from RBC Wealth Management. Based in … [More]
OneAZ Credit Union Names New CEO
OneAZ Credit Union is proud to announce that Brandon Michaels has been named President & CEO following the retirement of Kim Reedy, President & CEO. Brandon arrives at OneAZ with nearly 20 years of executive leadership experience in the credit union industry. He’s previously served as President & CEO at two credit unions. His visionary leadership elevated those … [More]
Their Take: A Broader Banking Solution for Arizona’s Cannabis Industry Would Promote Growth
Arizona private banks and credit unions are not offering lending or line of credit services to cannabis industry players and those that do, require significant red tape to offer any type of credit. As such, operators cannot borrow against inventory or set up short term lines of credit to manage cash flow. In addition, the major credit card processors and online payment … [More]
SBA Announced New Lender Improvements Expanding Access to Capital
Following the recent finalization of two new rules aimed at closing gaps in capital access for America’s small business owners, the U.S. Small Business Administration (SBA) announced streamlined lender procedures and other details on implementation. "The Biden-Harris Administration recognizes that small businesses are the drivers of our economy, and that to participate in … [More]
EN NEGOCIOS: Lleva tu Negocio al Siguiente Nivel: 5 Consejos para Financiar tu Sueño Empresarial
Al iniciar un nuevo negocio, es un viaje emocionante, pero también puede ser desafiante cuando se trata de encontrar los fondos necesarios para hacer realidad su empresa. Puede tener una gran idea, un plan de negocio sólido y una visión clara de lo que desea lograr, pero sin los fondos necesarios, puede resultar difícil convertir esa visión en una realidad. Exploraremos … [More]
Get Your Business Off the Ground: 5 Tips to Fund Your Dream
Starting a new business is an exciting journey, but it can also be challenging when it comes to finding the funds to get your venture off the ground. You may have a great idea, a solid business plan and a clear vision of what you want to achieve but, without the necessary funds, it can be difficult to turn that vision into a reality. We will explore five tips to help you … [More]
Banks Combine to Create the Largest Community Bank Headquartered in Arizona
Bancorp 34, Inc., the holding company of Bank 34, and CBOA Financial, Inc., the holding company of Commerce Bank of Arizona, today jointly announced the signing of a definitive merger agreement to combine and form the second largest bank headquartered in Arizona. Under the terms of the definitive merger agreement, Commerce shareholders will receive 0.24 shares of BCTF common … [More]
The Future Role of Social Media in Finance
The idea in my book that information is the product comes from the work of sociologists from the early days of social media, including Yochai Benkler, Charles Leadbeater and Clay Shirky, who predicted that the economy would increasingly become a participatory one (Benkler, 2007). Clay Shirky introduced the concept of “mass amateurization,” where platforms turned consumers … [More]
Bryan Guest Promoted to Regional President at First Interstate Bank
Bryan Guest has been promoted to President of the Mountain Desert Region for First Interstate Bank. In this role, Guest will oversee First Interstate’s branch network in Arizona, Colorado, and Wyoming. Guest will play a key leadership role in developing and maintaining client relationships, promoting the Bank within the communities it serves, and actively carrying out the … [More]
Merger to Expand Arizona Franchise with Acquisition of Canyon Community Bank
CrossFirst Bankshares, Inc. and Canyon Bancorporation, Inc. announced that they have entered into a definitive merger agreement under which CrossFirst and Canyon will consummate a business combination transaction resulting in the mergers of Canyon with and into CrossFirst and Canyon’s bank subsidiary, Canyon Community Bank, N.A., merging with and into CrossFirst’s bank … [More]
Credit Union Partners to Better Serve Arizona’s Black and African-American Communities
OneAZ Credit Union remains committed to its mission to improve the lives of all Arizonans. To better support and engage with the African-American and Black community, OneAZ Credit Union has partnered with KAHARRIS & CO. LLC, a consulting firm that helps organizations integrate with communities and develop impactful relationships. Kristen Harris, the founder of KAHARRIS … [More]
Bank Receives Top Ranking from J.D. Powers for Third Year, Celebrates 60 Years
FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” received the highest customer satisfaction ranking for the Southwest Region in the J.D. Power 2023 U.S. Retail Banking Satisfaction Study. This is the third year in a row the bank earned the study’s top rating across six states. “60 years ago, we started FirstBank with a … [More]
Credit Union Becomes Official ASU Retail Banking Partner
Desert Financial Credit Union will expand its current partnership with Arizona State University (ASU) to become the university’s official retail banking partner on April 12, 2023. With the retail banking partnership in place, Desert Financial will be the exclusive provider of ASU-branded debit and credit cards and will run all on-campus bank branches and ATMs at ASU’s … [More]
5 Small Business Payment Options for Your Growing Business
For small business owners, one of the most critical aspects of running a successful business is having a reliable and efficient payment system. (FYI: Your opening was what’s called a “dangling participle.” I corrected the grammar here, and worked with it in your second usage.) Payment options are an important aspect of financial management, and choosing the right ones can … [More]
