Monthly Archives: April 2015

Grandpoint Bank and its Divisions Awarded BauerFinancial 5-Star Rating

Screen Shot 2015-04-18 at 3.49.54 PMGrandpoint Bank and its divisions, Bank of Tucson, Regents Bank and The Biltmore Bank of Arizona, received a 5-Star rating for strength, stability and soundness from independent rating and research firm BauerFinancial,↗ based on December 31, 2014, financial data. This is the seventh consecutive quarter Grandpoint has earned a 5-star rating, which BauerFinancial awards only to banks that are considered the strongest in the nation.

BauerFinancial is regarded as “the nation’s bank rating service,” and has been analyzing the performance of banks and credit unions since 1983. Ratings are determined by the bank’s capital strength, asset quality and profitability.

BauerFinancial’s analyses are made using quarterly financial reports filed with the government by each bank or credit union, with historical comparison for consistency. Its star-rating is assigned based upon a scale of zero to five stars. Banks cannot pay to be rated nor opt out of being rated.

Grandpoint and its divisions also received an A+ rating from DepositAccounts.com,↗ an independent bank health monitoring publication covering banks and bank deals for nearly a decade. This rating was also based on fourth quarter 2014 financial data.

DepositAccounts.com provides information about bank health free of charge to consumers. The company’s ratings are an indication of more than 14,000 banks’ and credit unions’ strength and stability based upon DepositAccounts.com’s proprietary algorithm.

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↗ Linking to Non-Bank of Tucson Websites

This icon appears next to every link that directs to a third party website not affiliated with Bank of Tucson. Please be advised that if you click this link you will be taken to a website hosted by another party, where you will no longer be subject to, or under the protection of, the privacy and security policies of Bank of Tucson. We recommend that you review and evaluate the privacy and security policies of the site that you are entering. Bank of Tucson assumes no liability for the content, information, security, policies or transactions provided by these other sites.

Bank of Tucson Promotes Mark Davis to Vice President of Commercial Lending

Mark Davis

Making loans to local businesses is one of the most important things we do at Bank of Tucson. Providing the capital our clients need to expand, increase their work product and create jobs means we are helping to support a healthy economy throughout Tucson, our state and beyond.

It is our mission to recruit and promote top talent at our bank to help our clients. A skilled banking team can help you understand and navigate the loan application process, know how to most effectively use credit and provide other valuable information. Additionally, the Bank of Tucson team members work together to ensure that everyone who services clients is kept informed of each client’s specific needs.

Toward this objective, Bank of Tucson recently promoted Assistant Vice President and commercial lender Mark Davis to the role of Vice President of Commercial Lending. He was originally hired on as a Senior Credit Analyst. In his new role, Mark will structure, tailor and negotiate loan applications on behalf of our clients. Mark’s previous role as a credit analyst taught him what details to look for on a loan application and how to assess what a customer can truly afford to borrow.

With these skills, Mark will offer valuable advice to our customers well before they submit their application, providing expert insight that comes essentially for free with the customer’s banking relationship with Bank of Tucson.

As Vice President of Commercial Lending, Mark’s direct interaction with our clients will increase – a change he welcomes. After nearly 20 years in banking, working first in operations before transitioning to lending, Mark understands not just the diverse facets of banking, but also the many ways in which a business relies upon its bank. He looks forward to sharing his experience and advice to help our clients access the capital they need.

Outside of his nine-to-five job, this home-grown, University of Arizona grad also helps our community by serving on the boards of two nonprofit organizations: Aviva Children’s Services↗ and Global Children’s Fund.↗

For Aviva, which offers a range of child protection services, Mark serves as treasurer and chairman of the finance committee. For Global Children’s Fund, Mark serves as the co-director of community events. The foundation helps children from impoverished communities gain access to education and resources, first in Ghana and now expanding to the U.S.

When Mark thought about where to direct his charitable efforts, he was motivated by his own children, now 11 and 18-years old, and his long history of coaching youth sports. He says that through coaching (both football and boxing), he came across many troubled kids and appreciated being able to participate in activities that made a positive difference in children’s lives. Whether it’s coaching or providing the valuable services of Aviva and Global Children’s Fund, Mark knows that the time and resources he expends create noticeable change.

Mark’s family is his motivation for everything, and he’s pleased to have the opportunity to help other families as well. We hope you have the opportunity to meet Mark soon.

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↗ Linking to Non-Bank of Tucson Websites

This icon appears next to every link that directs to a third party website not affiliated with Bank of Tucson. Please be advised that if you click this link you will be taken to a website hosted by another party, where you will no longer be subject to, or under the protection of, the privacy and security policies of Bank of Tucson. We recommend that you review and evaluate the privacy and security policies of the site that you are entering. Bank of Tucson assumes no liability for the content, information, security, policies or transactions provided by these other sites.

Top Honors for The Biltmore Bank of Arizona and Bank of Tucson

Thank you to everyone at Grandpoint Bank for your kind words. We are proud to support the important work of local businesses and to have the support of so many Ranking Arizona voters. From the Grandpoint Bank blog:

Grandpoint Bank would like to congratulate its divisions The Biltmore Bank of Arizona and Bank of Tucson for being ranked among the best banks in Arizona for 2015.

Ranking Arizona: The Best of Arizona Business has just named both banks in the top three banks to do business with in Arizona. We are especially proud that the honor comes from votes of the general public.

While helping so many wonderful companies achieve success is motivation enough, having the acknowledgement that our banking family’s efforts to go above and beyond are recognized and appreciated proves even more reason to love what we do. We will always be committed to bringing the best of community-focused banking to businesses throughout the great state of Arizona!

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From Rich Endicott, President, The Biltmore Bank of Arizona:

“We have a very basic philosophy: we communicate and respond quickly to the needs of our customers. When we do this we create an environment for our Bank and our clients to be successful. We believe that this is one reason our clients voted us the #1 bank seven of the past 10 years.”

From Michael Hannley, President, Bank of Tucson:

“We started the Bank 19 years ago with a staff of five, and we built it into one of the strongest community banks in Tucson by supporting local businesses. Our team is grateful for the recognition we’ve earned as one of the best banks in Arizona for 2015.”

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