Ocotillo Bank - In Organization

06/05/2020

We have all experienced an unprecedented time in our lives over the last couple months. We're excited about the future and hope everyone is staying safe and healthy. Please take a look at our update letter.

https://www.ocotillobank.com/may-2020-update

01/03/2020

Arizona's growing population is also expected to gain the state some political clout.

12/19/2019

Community banks outperformed the rest of the banking in the third quarter of 2019, according to the latest FDIC Quarterly Banking Profile. ICBA Assistant Vice President of Economic Policy and Research Noah Yosif discusses the third-quarter results in his latest video.

Community banks outperformed the rest of the banking in the third quarter of 2019, according to the latest FDIC Quarterly Banking Profile. ICBA Assistant Vic...

12/17/2019

Since 2005, Arizona has ranked among the 10 fastest growing states for employment, driven by industries like construction, education, transportation and health care.
“The implications for small business are important,” McPheters writes. “Because Arizona depends more on small business than many other states, due partly to a very mobile population, community banks are important.”
Bob Homco, the proposed CEO of Discovery Business Bank, a bank in organization, agrees.

Arizona is wading into an uncertain future as its small business community grows and its population of community banks shrinks.