Western Alliance to Share Tax Benefits

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  • By Western Alliance
  • Dec 20, 2017

With upcoming changes to the tax plan, analysts widely expect banks to see stronger financial performance in 2018. Western Alliance Bancorporation Chairman and CEO, Robert Sarver, spoke with the Wall Street Journal about how Western Alliance employees and customers will benefit.

The bank’s 1,700 employees can expect to see increases in compensation and benefits in the year ahead—particularly those earning $75,000 a year or less.

Customers stand to benefit from the changes as well, with lending capacity expected to increase as a result of stronger performance.

About Us

With more than $20 billion in assets, Western Alliance Bancorporation (NYSE:WAL) is one of the country’s top-performing banking companies and is ranked #2 on the Forbes 2018 “Best Banks in America” list. Its primary subsidiary, Western Alliance Bank, is the go-to bank for business and succeeds with local teams of experienced bankers who deliver superior service and a full spectrum of deposit, lending, treasury management, international banking and online banking products and services. Western Alliance Bank operates full-service banking divisions: Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank. The bank also serves business customers through a robust national platform of specialized financial services including Corporate Finance, Equity Fund Resources, Hotel Franchise Finance, Life Sciences Group, Mortgage Warehouse Lending, Public and Nonprofit Finance, Renewable Resource Group, Resort Finance, Technology Finance and Alliance Association Bank.