The Arizona Fintech Council, an organization of banks, economic and technology groups, will encourage collaboration and access to the state's regulatory sandbox to promote a version of Europe's open banking policy in the U.S. ... Read full article
Organizers have been working raising capital and preparing an application for about four years. ... Read full article
Jay Williamson will take over at the Sierra Vista, Ariz.-based institution after Brian Barkdull retires. ... Read full article
Organizers of Scottsdale Community Bank must raise $16 million. The goal is to hit that goal and open by early 2021. ... Read full article
Sandra Sagehorn-Elliott will take over as the president and CEO of the Tucson, Ariz.-based institution next month, having served as chief operating officer of two different credit unions. ... Read full article
Johnson is exiting the state with the sale of the four locations. ... Read full article
Several Senate Banking Committee members from both parties are facing tough reelection challenges in a year when control of the entire chamber — and the banking policy agenda — may be up for grabs. ... Read full article
The people of tiny Duncan, Ariz., have found creative ways to adapt to life in a banking desert, but their experience augurs a worrisome future for many other rural communities. ... Read full article
Alaska USA Federal Credit Union will nearly double its operations in Phoenix after it buys the locations. ... Read full article
Over the last decade, American voters have proved remarkably receptive to bans on high-cost consumer loans. Next year, a proposed ballot measure in a traditionally red state trending purple will offer a test case for the durability of that consensus. ... Read full article
Scottsdale Community Bank's organizers took advantage of a state law letting them raise capital months before seeking deposit insurance. ... Read full article
Verdigris Bank would also rely heavily on technology as part of its business plan. ... Read full article
The Phoenix company did not provide a reason why James Haught, who was also chief operating officer, left. ... Read full article
The Providence, R.I., bank recently installed a new regional head in California to oversee a commercial banking expansion into five western states. The bank says it’s trying to craft a successful growth strategy while reassuring investors it isn’t ... Read full article
The Montana will pay $135 million for a bank with 10 branches in seven Arizona markets. ... Read full article
Utah this week became the third state to let companies test cutting-edge financial products without fear of violating licensing and other regulations. ... Read full article
Arizona Federal Credit Union said its deal to buy Pinnacle Bank is the first of its kind in the Grand Canyon State. ... Read full article
Heightened regulatory scrutiny and a slowdown in commerce have raised concerns about the viability of doing business along the U.S. Mexico border. ... Read full article
Several groups have gone public with plans to start a bank since the state enacted a law to make it easier, but none have actually filed with the FDIC. ... Read full article
Sens. Kevin Cramer, R-N.D., and Martha McSally, R-Ariz., will fill the two GOP vacancies in the new Congress. ... Read full article
