TUCSON
Merged Bank of Tucson aims to expand reach
Bank of Tucson and Southern Arizona Community Bank have formally completed their merger and will operate under the Bank of Tucson brand after receiving final regulatory approvals, bank officials announced Tuesday.
Signage on the former Southern Arizona Community Bank office at 6400 N. Oracle Road was changed Tuesday to Bank of Tucson, Bank of Tucson President and CEO Mike Hannley said.
The bank's other location and main office is at 4400 E. Broadway.
Hannley said the merged bank is planning to expand its reach with seven new offices this year, the first of which should be open in the next few months.
Bank of Tucson's former Nogales branch office was not included in the sale and is now part of Phoenix-based Sunrise Bank of Arizona.
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The merger involved the sale of Southern Arizona Community Bank's assets to California and local investors, including auto dealer Jim Click, who has been named chairman of Bank of Tucson.
Tucson NAWBO chapter hosts summit Feb. 9-11
The Greater Tucson Chapter of the National Association of Women Business Owners (NAWBO) will host the NAWBO Western Region Leadership Summit and national board of directors meetings Feb. 9-11 at the Sheraton Tucson Hotel and Suites, 5151 E. Grant Road.
The NAWBO Regional Leadership Summits are designed to provide training, resources and best practice sharing for NAWBO chapter board members and administrators. This event is sponsored by Wells Fargo, both a national and local corporate sponsor of NAWBO.
Go to www.nawbotucson.org for more information.
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