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About
Western Alliance Bancorp operates as a bank holding company, which engages in the provision of service banking and related services to locally owned businesses, professional firms, real estate developers and investors, local non-profit organization. It includes internet banking, wire transfers, electronic bill payment, lock box services, courier, and cash management services. The company was founded in 1995 and is headquartered in Phoenix, AZ. | |||
Description
Western Alliance Bancorporation operates as the holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. The company offers deposit products, including checking accounts, savings accounts, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts. It also offers commercial and industrial loan products, such as working capital lines of credit, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company provides other financial services, such as Internet banking, wire transfers, electronic bill payment, lock box services, courier, and cash management services. Further, it holds and manages certain non-performing loans and other real estate owned properties. As of December 31, 2016, the company operated 40 branch locations, 8 loan production offices, and 6 other leased locations. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona. | |||
