FirstBank Holding Company, the Colorado-based holding company for the second largest bank by deposits in Colorado and largest locally owned bank, today announced a new location at 1720 S. Power Road in Mesa. This new location is approximately 4,000 square feet and marks the bank’s 14th branch in Arizona.
Joel Johnson will serve as the East Valley Market President overseeing the new branch. FirstBank hired several local employees as well as relocated current employees to staff the Mesa location.
“Arizona continues to be a major growth market for our bank,” said Joel Johnson, FirstBank market president of the East Valley. The new location will offer a full range of checking and savings accounts, including free business and personal checking and FirstBank’s eSave account package, which automatically transfers 1 cent up to $99.99 to customers’ savings account each time they use a debit card, pay a bill electronically or transfer funds. The new branch will be open from 9 a.m. to 6 p.m. Monday through Friday and 9 a.m. to noon on Saturdays.
New Free Checking account members are eligible to receive a $100 Amazon gift card when they sign up and register for direct deposit or automatic bill payment. The branch will also offer mortgages, home equity loans and a full range of commercial loans and business accounts and services.
FirstBank is highly active with local communities where its employees live and work. The company donated more than $5 million to nonprofits in Arizona, California and Colorado last year and was the main sponsor of the inaugural Arizona Give Day, a 24-hour online giving initiative aimed at increasing individual giving throughout the state. Additionally, FirstBank Arizona recently announced a $20,000 donation to the Arizona Leadership Foundation, providing scholarships for students to attend private schools throughout the state.
FirstBank operates more than 115 locations in Colorado, Arizona and California. FirstBank is the largest locally owned banking organization in Colorado, serving more than 650,000 customers. Since 2000, FirstBank has contributed more than $45 million and thousands of volunteer hours to charitable organizations.
FirstBank is unique in that a majority of its stock is owned by management and employees.