Tag Archives: finance

First Fidelity completes Arizona bank acquisition

First Fidelity acquired the former Sunrise Bank of Arizona. Sunrise was closed by the Arizona Department of Financial Institutions Aug. 23. The Federal Deposit Insurance Corporation was appointed receiver at that time. The FDIC entered an assumption agreement with First Fidelity to protect the more than 5,000 depositors at Sunrise. “We are excited to expand

Oklahoma bank set to grow

  “For nearly 120 years, our bank has had the personality of a community bank feel with large bank resources, and we will continue to operate as such,” Stillwater CEO Mark Funke said. “This charter consolidation and new name allows us to be unified as one bank and one brand across our entire footprint.” Russ

First Fidelity acquires Arizona bank

Oklahoma City-based First Fidelity assumed all deposits of Sunrise Bank of Arizona after that bank was closed by the Arizona Department of Financial Institutions Aug. 23. The Federal Deposit Insurance Corporation was appointed receiver at that time. The FDIC entered an assumption agreement with First Fidelity to protect the more than 5,000 depositors of Sunrise.

For the Long haul

“We were a family that lived paycheck to paycheck,” says Shaw, now an associate professor of finance at Oklahoma City University. “If something happened and you didn’t have the paycheck, you were desperate for a while.” It’s that shortsighted version of planning that Shaw and financial advisers say needs to be done away with in

No gambling allowed

Owner and CEO of Native American Capital Markets, Fryrear also is coowner of Native American Fund Advisors headquartered in Tulsa. He helped start NAFA nearly 16 years ago. “Being a Native American-owned firm, it has given us a place in the market,” he says. “It’s given tribal folks a relative ease and comfort.” And that’s

Building boom

Building permit records in Oklahoma City show an increase of 31% for the first 10 months of 2012, compared to the same time period a year ago. October was the latest month that records were available as of press time. “That’s about 654 more permits,” says Kurt Dinnes, past president of the Central Oklahoma Home

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