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Western Alliance Bank offers a range of banking products and high APYs on its savings account and CDs. ... Minimum to open. $1. Monthly service fee. $0. Interest.
The regional banks that are currently the target of the most short bets as a percentage of all shares are PacWest, Bank of Hawaii, Western Alliance and Zions, according to data from S3 Partners.
Rating Action: Moody's affirms Western Alliance Bank's ratings (deposits A2/Prime-1); outlook remains stableGlobal Credit Research - 08 Feb 2021New York, February 08, 2021 -- Moody's Investors ...
The bank was founded in 1994 in Las Vegas, Nevada. [1] [4] In 2010, it moved its headquarters to Phoenix, Arizona. [5] In October 2012, it acquired Western Liberty Bancorp for $55 million. [6] In April 2021, the company acquired AmeriHome for $1.22 billion. [7]
PacWest ended Tuesday down 28%, while Western Alliance dropped 15%. Other regional banks also plummeted, including Zions ( ZION ), Comerica ( CMA ) and Key ( KEY ), which all fell between 9-12%.
The list excludes the following three banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in assets) and Bank OZK ($36 billion in assets).
Shares of Western Alliance rose about 5.5% during the second quarter, while Huntington stock fell about 2% and PacWest dropped 13%, a move that came before the company's merger announcement.
COI disclosure: I am an external contractor to Western Alliance Bancorporation's corporate communications/marketing department. Western Alliance Bancorporation is a regional bank holding company headquartered in Phoenix. It is on the list of largest banks in the United States and is ranked 42nd on the Forbes list of America's Best Banks. [1]