Alliance Bank of Arizona is committed to giving back to the communities where we do business to ensure a brighter future for everyone. We strive both as a company and as individuals to improve the quality of life in the communities we serve. Alliance Bank delivers banking and credit needs to each community, including low- and moderate income individuals. This is achieved through grants and initiatives, affordable housing, community development lending, investments, and our employees who volunteer their time and talents in each of the communities we serve.
Grants and Initiatives
Providing assistance to non-profit organizations
Alliance Bank of Arizona is actively involved with non-profit organizations in the Greater Phoenix, Tucson, Sedona and Flagstaff communities. Alliance Bank management and employees serve in many of these organizations as board or committee members. The bank also lends support in other ways to many other Arizona nonprofits.
Community Alliance Account
Alliance Bank of Arizona is pleased to offer the Community Alliance Account to non-profit organizations. The Community Alliance account offers three competitive options. Non-profit organizations may choose from one of the following account options:
- A Community Alliance Checking Account
- A Business NOW Checking with a premium interest rate
- A Community Alliance Money Market Account
Features include: No account maintenance fees or per item fees, no monthly online banking or bill pay fees, and no fee initial order of standard business checks.*
* Fees will apply for NSF’s, wires, stops payments, return items and any additional/special services.
Individual Development Account (IDA)
Alliance Bank's Individual Development Account (IDA) is a savings account for qualified individuals sponsored by participating non-profit organizations to assist in the purchase of a home, business or to finance post-secondary education. The IDA account is a no fee account and funds are typically matched by the participating non-profit organization.
Federal Home Loan Grants
Alliance Bank of Arizona is a member of the Federal Home Loan Bank of San Francisco which allows the bank to have access to the Federal Home Loan Bank community investment grant programs. Alliance Bank has partnered with non-profits and the FHLB to provide grant funds to provide down payment assistance for low-to-moderate income families. You can learn more about the grant programs offered by the Federal Home Loan Bank by visiting their website, www.fhlbsf.com
Alliance Bank of Arizona's Charitable Contributions Programs supports 501(c)3 non-profit organizations that provide services and support in the low- or moderate-income areas.
Alliance Bank of Arizona is dedicated to providing support and assistance to our community. The primary focus of our Bank's Charitable Contributions program is directed to 501(c)3 non-profit organizations that provide services and support in the low- or moderate-income areas. Alliance Bank of Arizona primarily focuses on organizations and programs that provide:
- Affordable Housing for low- or moderate-income individuals
- Community services targeted to low- or moderate-income individuals
- Education for low-income and at-risk students
- Economic Development
- Revitalization or stabilization of low or moderate-income areas
- Human Services
- Cultural and Artistic Enrichment in under served communities
To apply for financial support or an in-kind donation of goods or services from the Community Giving Program at First Independent Bank, please complete the following application. Proposals that do not support our primary focus will be reviewed on a case-by-case basis.
Community Giving Application
Send Complete Proposal to:
Alliance Bank of Arizona
CRA/Community Development Department
2901 N. Central Avenue, Suite 100
Phoenix, AZ 85012
Community Development Lending
Our Community Lending efforts assist for-profit and not-for-profit developers of multifamily affordable housing. Through competitively priced products such as our construction-to-permanent loan product and letter of credit enhancement products, Community Lending helps to ensure that developers have a vehicle to produce affordable rental housing with sustained long-term affordability in and throughout the neighborhoods and communities where we do business.
**Information provided on the pages represents current and past programs offered by Alliance Bank of Arizona. These programs may be changed or withdrawn without notice. For more information and qualification guidelines, please contact the Community Reinvestment Officer.