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Western Alliance Bank savings rates compared to current top rates* While Western Alliance Bank is a great option for individuals and small businesses, some institutions offer higher interest rates.
Rating Action: Moody's affirms Western Alliance's ratings (deposits A2/Prime-1) following acquisition announcement, maintains stable outlookGlobal Credit Research - 18 Feb 2021New York, February ...
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]
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Its stock rose 2% Monday. Gibbons said Western Alliance has managed to bring back depositors in part by showing larger clients the bank's more granular financial data under nondisclosure agreements.
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]
Western Alliance lost $6 billion in deposits amid the chaos that roiled the banking world in the first quarter. Profits at the Phoenix-based lender dropped 41% from a year earlier.