Residents, Local Businesses Drive Growth for City’s First New Community Bank in 14 Years
Scottsdale Community Bank recently crossed the $100-million mark in assets, marking a major milestone for Arizona’s first new community bank in 14 years.
After opening its doors in 2022, the bank became a favorite among locals looking for an institution that knows the market, supports entrepreneurship, prioritizes personal relationships and strives to keep more capital circulating at the local level.
“We are the best local bank in the best city in America. Local businesses want a banking partner that understands their needs and the nuances of this community,” said Scottsdale Community Bank President & CEO Neill LeCorgne. “We’re setting up new accounts daily from individuals and business owners who want real relationships with, and direct access to, the people handling their money, and hitting the $100-million asset mark so quickly showcases just how much this community values this kind of connection.”
The Phoenix Business Journal recently ranked Scottsdale Community Bank as the second-fasted growing bank in the Phoenix metropolitan area. While the bank prides itself on the personal and civic relationships it builds with clients and businesses, it also opens doors to accessible financing for small businesses, offering both traditional loans and an innovative “micro loan” program for new businesses and nonprofits looking to build momentum and boost their presence in the Valley. The bank also offers personalized services rarely available at any banking level,
including an innovative Art Advisory service that helps art collectors and investors navigate Scottsdale’s thriving art market.
“We make a point to create opportunities for our clients that reflect their specific needs and extend far beyond what a typical bank offers,” LeCorgne said. “Our clients know they can count on us for quick responses and clear communication, and we’re proud to support the individuals and entrepreneurs who keep Scottsdale’s businesses and communities thriving.”
With the bank about to enter its fourth year, it looks to continue to build upon its $100-million milestone by backing more individuals and businesses, investing in more ideas that create jobs and economic impact, and continuing to expand services that reflect the needs of the surrounding community