Jeff Schelter to Oversee AZ Commercial & Industrial Banking
Alliance Bank of Arizona announced Jeff Schelter as the Managing Director of Commercial Banking. Schelter’s new role will help Alliance Bank enhance its support of clients’ growth efforts across the Valley and Northern Arizona.
A 15-year veteran at Alliance Bank of Arizona, Schelter previously served as the Regional Manager of the Chandler Commercial and Industrial (C&I) banking group, where he built a strong portfolio of clients and referral sources. Currently, the group has more than $1 billion in loan commitments within their portfolio, in large part due to Alliance Bank of Arizona’s unique approach to doing business where its local knowledge and local decision-making are key differentiators.
“Jeff brings a unique skillset to our group that has been instrumental in the success of the Chandler-based C&I banking team. These skills, complemented with a motivating leadership style that fosters strong teamwork, are vital to helping Alliance Bank’s clients seize opportunities and expand their economic impact in the state,” said Don Garner, Chief Executive Officer of Alliance Bank of Arizona. “Jeff will bring that momentum to his leadership of the C&I team and will mentor the group to achieve even greater success.”
As one of the core groups since Alliance Bank of Arizona’s inception, the C&I team works with local business owners to tailor their financing and business objectives, as well as help them with cash management needs. Among the specific areas of focus, the group provides real estate financing, lines of credit and equipment financing resources.
“Alliance Bank, and specifically our C&I banking group, is known for bringing value to our clients’ businesses by leveraging our far-reaching resources,” said Schelter. “As we continue to help businesses grow, we are mobilizing experts throughout the division who have an understanding of specific industries, while also providing 360° banking perspectives that allow our clients the chance to capitalize on unique opportunities.”
Alliance Bank of Arizona, a division of Western Alliance Bank, Member FDIC, helps business clients realize their ambitions. Founded in 2003, Alliance Bank of Arizona offers a full spectrum of loan, deposit and treasury management capabilities, plus superior service. With 10 offices in Greater Phoenix, Tucson and Flagstaff, along with Western Alliance Bank’s powerful array of specialized financial services, the banking division is a valued resource for Arizona’s business, real estate, professional, municipal and nonprofit communities. Alliance Bank’s wide-ranging commitment to giving back to its communities earned the prestigious 2018 Corporate Philanthropy Award from the Phoenix Business Journal. Western Alliance Bank is the primary subsidiary of Phoenix-based Western Alliance Bancorporation. One of the country’s top-performing banking companies, Western Alliance has ranked in the top 10 on the Forbes “Best Banks in America” list for five consecutive years, 2016-2020, and was named #1 best-performing of the 50 largest public U.S. banks for 2019 by S&P Global Market Intelligence.