Colonial Trust Co.'s Wealth Management Group Joins Arizona Bank & Trust.MESA, Ariz. -- Arizona Bank & Trust recently announced that The Wealth Management Group of Colonial Trust Co. has joined the organization. William F. Frank, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , stated, "This addition expands the bank's trust and investment services and complements the bank's other services by providing a seasoned trust and investment management team that has the knowledge and experience in all facets of investments and financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against ." Bruce Mitchell, vice president and manager of Colonial's Wealth Management Group since 1999, will continue to head up the Wealth Management operation under AB&T's banner. "We are excited about the opportunity to help drive Arizona Bank & Trust's expansion into the local trust and investment services market," said Mitchell. The Wealth Management Group will operate at 2036 E. Camelback cam·el·back adj. Shaped like a hump or an arching curve. n. New Orleans A narrow house with one story in front and two in the rear. See Regional Note at beignet. in Phoenix. Arizona Bank & Trust also offers a broad range of personal banking products and services, including vehicle loans, credit cards, boat loans, and recreational vehicle loans, among others. Its banking products include checking and savings accounts Savings Account A deposit account intended for funds that are expected to stay in for the short term. A savings account offers lower returns than the market rates. Notes: , certificates of deposit, PC banking and banking online through its own Web site at www.arizbank.com. On the commercial side, products include a wide arrange of SBA-sanctioned loans, term loans, asset-based financing Asset-based financing Methods of financing in which lenders and equity investors look principally to the cash flow from a particular asset or set of assets for a return on, and the return of, their financing. and secured credit lines. Also available to businesses are business checking, savings, cash management services, credit card merchant services Merchant services is the name given in the United States to a broad category of financial services intended for use by businesses. In its most specific use, it usually refers to the service that enables a business to accept a transaction payment by use of the customer's credit or , payroll services, investment and retirement plans. Frank stated Arizona Bank & Trust is a community bank committed to building relationships through friendly, highly personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. and professional banking services, where we wait on our customers -- our customers don't wait on us! Arizona Bank & Trust has additional offices located at 1331 W. Southern Ave. in Mesa and at 1000 N. 54th St. in Chandler. A third full-service banking office is scheduled to open, pending regulatory approval, at the Camelback location in January 2005. |
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