RBAZ agrees to join forces with Tucson-based Pima Federal Credit Union

06/12/24

By now, many of you have seen our press release or follow-on articles announcing that RBAZ Bancorp, Inc., the parent company of Republic Bank of Arizona, has agreed to partner with Pima Federal Credit Union out of Tucson in an all-cash sale. Allow me to share a bit of the background with you.

Q1 Generate Strong Earnings and Liquidity

The first quarter of 2024 generated a strong yield on earning assets as the Company received the full benefit from the significant loan production that came late in the fourth quarter of 2023.

Spotlight on Erik Hanson, Identity Builders, LLC

06/11/24

Erik Hanson, a Phoenix native, is a seasoned developer and a driving force behind Identity Builders, LLC. Along with his two business partners, Jimmy Younger and Michael Hanchett, Hanson has been shaping the urban landscape of Phoenix for the past 16 years.

RBAZ Posts Record Performance; Earnings Up 29% YOY

03/22/24

The Company achieved its strongest year on record, posting a year-over-year increase in earnings of 29% and outpacing our annual earnings objective by 10%. Significant loan production spread evenly throughout the year coupled with a strong cash position through the first three quarters allowed for strong interest income from earning assets.

Touchpoint 365 is Almost Here!

We have been working for months on creating our online loan origination platform to both reflect our bank culture, as well as make the experience as easy and intuitive as possible. Of course, we partnered with a very established business lending platform, utilizing the most updated technology and full 256-bit encryption to ensure a safe and secure portal for the exchange of sensitive information.