PHOENIX, Oct. 20, 2017 (GLOBE NEWSWIRE) — Republic Bank of Arizona announced today it has changed its name from RepublicBankAZ to Republic Bank of Arizona (OTC:RBAZ). The Bank also recently converted from a nationally chartered bank to an Arizona state chartered bank.
“The conversion from a national charter to a state charter solidifies our loyal support of Arizona’s businesses and residents and positions us for our ongoing goal of being Arizona’s best community business bank,” said CEO Ralph Tapscott.
What This Means to Customers
This change will not impact customers’ existing accounts, according to Tapscott. “RBAZ customers will continue to receive the same products and services they’ve come to depend on. What they will see is a renewed focus on serving Arizona’s local businesses, their employees and families,” Tapscott said.
The name change and rebrand does have a number of touch points, including updating credit cards, debit cards, checks, statements, and several other materials. RBAZ anticipates the implementation of the new brand will continue through the middle of January 2018.
New Location Coming Soon
In addition to RBAZ’s new charter, new name, and updated brand, the bank will also move to a new location that offers greater accessibility and expanded facilities to better serve customers and the local business community. The new building is located less than two blocks away from our current location on the southwest corner of 7th Street and Missouri Avenue.
The expected move date is April 2, 2018.
“All of us at Republic Bank of Arizona are truly excited to embark on this journey to build a community bank brand that supports our commitment to local businesses,” said Tapscott.
About Republic Bank of Arizona
Republic Bank of Arizona is a locally owned, independent bank dedicated to strengthening our community and offering exceptional personalized service to business owners and community members through the involvement and dedication of knowledgeable and enthusiastic personnel. We are committed to maximizing sustainable earnings while promoting client-centered service within the parameters of safe and sound banking principles.
Contact: Ralph Tapscott
President & CEO