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AzBA to Hold 109th Annual Convention AzBA's 109th Annual Convention will be held at the Enchantment Resort in Sedona, Arizona. The event will be held Sunday, June 10 - Tuesday, June 12. Located in one of the most breath-taking natural settings on earth, Enchantment Resort is the premier destination resort in Northern Arizona. Located on 70 private acres in secluded Boynton Canyon, it is the ultimate destination for tranquility and outdoor enthusiasts alike. If you've attended in the past, you know the AzBA Annual Convention is a first-class event that features top-rate professional speakers discussing the most pressing industry issues along with opportunites for networking with peers, fun and rejuvenation! More.
Arizona Banks Give Back The Arizona Bankers Association would like to recognize the significant impact our member banks have within the communities where they do business. Using 2010 data, collected and aggregated, AzBA has created a publication highlighting these good works. Banks are the single most important component of Arizona's economy. Not only do they lend to Arizonans, but they employ nearly 40,000 Arizonans, reinvesting in their communities and providing financial and social stability in their markets. Bankers educate young adults on the importance of financial responsibility. Bankers donate significant time and money to charities. Banks are, in many ways, the lifeblood of our neighborhoods and communities. Click here to view the publication. For more information email press@azbankers.org.
Foreclosure Settlement On February 9, 2012, an historic joint state-federal settlement was reached between Arizona and 49 other states, the Justice Deparment and the country's five largest residential mortgage loan servicers—Ally/GMAC, Bank of America, Citibank, JPMorgan Chase and Wells Fargo. The settlement will provide as much as $25 billion in relief to distressed borrowers and direct payments to states and the federal government. It's the largest civil settlement reached by the Attorneys General since the tobacco settlement. Arizona's share is over $1.6 billion. For more information about key provisions of the settlement visit http://www.azag.gov/consumer/foreclosure/settlement.html or click here.
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