Valley First Community Bank, now Central Arizona Bank, Ranked No. 1 in Arizona
SCOTTSDALE and CASA GRANDE, Ariz. -- (Feb. 11, 2009) - Frank Shelton, president of Central Arizona Bank, is pleased to announce that Valley First Community Bank, now Central Arizona Bank, has been ranked as the top bank in Arizona with assets of $199 million or less, according to the 2009 edition of Ranking Arizona, which each year conducts the largest business opinion poll in the state.
“The past year was a year of positive change for our bank,” said Shelton. “We underwent the name change to Central Arizona Bank in connection with the opening of our new office in Casa Grande. The bank’s new name more positively reflects the bank’s expanded market area. What has not changed is our team’s commitment to clients, business and civic involvement in the communities we serve.”
This year’s ranking is one spot better than 2008 when the bank was ranked No. 2 among all Arizona banks in the same asset class.