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Home / agencies / Are struggling community banks prepared for a new threat? (access required)

Are struggling community banks prepared for a new threat? (access required)

Most community banks in Arizona are losing money, lending is down, and a veteran banker concedes that every day is a challenge. It was a little too challenging for two Arizona banks, which were closed by state and federal regulators Aug. 14. A third bank is operating under federal orders to improve what were found to be “unsafe and unsound banking practices.”

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Mofford buried in private service after a tour of sites linked to former governor (access required)

Former Gov. Rose Mofford was buried after a private service September 28 at St. Francis Cemetery in Phoenix, but not before her remains had been taken on an emotional drive-by to local places bearing her name.