Press Release

Desert Hills Bank continues providing education opportunities for community
Recent workshop provided free training for matching grant programs

PHOENIX January 2010 – Desert Hills Bank has a commitment to support training and continuing education opportunities for its members and for the general community at large.

Throughout the year, Desert Hills Bank’s employees go into the community to stress the importance of financial literacy, teaching elementary through high school students at local public schools and scouting organizations about the importance of saving money and how to correctly manage credit as they get older. They also reach out to rotary clubs and other civic organizations about solid banking and financial practices.

“We truly believe that the key to having a financially strong future begins with education,” says Paula Stears, VP of Marketing. “We want to give members of the communities we serve the tools to succeed and start teaching the basics of finances at a young age.”

Recently, a training workshop was co-hosted by Desert Hills Bank at its Phoenix location to update over thirty attendees from local housing agencies as to the new guidelines for the Individual Development and Empowerment Account (IDEA) and Workforce Initiative Subsidy for Homeownership (WISH) Programs. Both WISH and IDEA are matching grant programs geared to low to moderate income families that offer up to $15,000 toward the purchase of a home. The grants will match $3 for every dollar contributed by the first-time homebuyer. These programs have proven successful because of the counseling that is given to the families as well as the importance put on saving for their first home.

Desert Hills Bank also hosts “Shred-It” events where members of the community can shred their personal documents for free, to protect them against identity theft. An upcoming event is scheduled for the Scottsdale location (6970 E Chauncey Lane) on April 22nd from 10am to 1pm.

About Desert Hills Bank

Desert Hills Bank, a locally owned and operated FDIC insured independent bank, specializing in old fashioned customer service for both individuals and business banking and lending products. For more information please contact Tom Rudzki, Desert Hills Bank-Chief Financial Officer, at 602-324-6700.