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August 21, 2007 For Immediate Release Contact:
Tom Rudzki, CFO- Desert Hills Bank, 602-324-6700
Desert Hills Bank reaches $500 million in total assets.
Phoenix, Arizona ? Desert Hills Bank, one of Arizona?s largest locally owned banks, has reached a major milestone of $500 million in total assets. Founded in November 2000 by a group of Arizona bankers with the vision to serve Arizona businesses, the operation has successfully grown from its single location on East Camelback Road in Phoenix to several communities in Arizona. Since opening their doors six years ago, Desert Hills Bank has established full service banking and lending centers in Prescott, Sedona, Village of Oak Creek and Sun City. Desert Hills Bank has announced plans to open a new office in the Scottsdale market just off Loop 101 and Scottsdale Road during the fall of 2007.
When Desert Hills Bank was started, the dream was to be an independent bank, serving the residents of Arizona and someday reaching $100 million in assets. We are extremely grateful for the way we have been welcomed by the communities we serve and our clients for allowing us to assist with their financial needs.
Desert Hills Bank is an independent, locally owned bank specializing in a full range of banking products. For more information contact Tom Rudzki, Chief Financial Officer for Desert Hills Bank at 602-324-6700.
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