Most admired companies in 2021: FirstBank
AZ Business magazine and BestCompaniesAZ annually present the Most Admired Companies program to recognize organizations that excel in these six key areas: Customer Ratings; diversity, equity and inclusion; innovation; leadership excellence; social responsibility; and workplace culture. One of Arizona’s most admired companies for 2021 is FirstBank.
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With hundreds of nominations representing Arizona’s most innovative, impactful and successful companies, being one of the Most Admired Companies of 2021 shows that these companies truly represent Arizona’s best companies. The Most Admired Companies for 2021 will be honored at an awards dinner on October 7, 2021 at the Pointe Hilton Resort Tapatio Cliffs in Phoenix. The title sponsors of the Most Admired Business Awards are WaFd Bank and Taylor Morrison. For more sponsorship information, email [email protected] For more information on the Most Admired Companies event, email [email protected] or click here.
Azbigmedia.com will spotlight one of Arizona’s most admired companies each day before the awards dinner.
Most Admired Company: 2011, 2018-2021
Arizona Senior Executive: Humphrey Shin, Market President
What he does: One of the largest private banks in the country.
Company Profile: FirstBank, one of the largest private banks in the country focused on ‘banking for good’, began providing banking services in 1963. They started with humble beginnings: in a 15-meter trailer, the ‘trolley Checks’ was invented and has grown to over $ 25 billion in assets and 110 branches in Arizona, Colorado and California. Since 2000, FirstBank has been recognized as a leader in corporate philanthropy, contributing nearly $ 75 million and thousands of volunteer hours. In addition, a large portion of its stock is owned by management and employees, giving all employees a financial stake in the bank’s success.
Admirable trait: FirstBank is responsible for financing over $ 1 billion in consumer and business loans. These loans have had a significant impact on the local community by creating jobs, educational facilities, housing, and transforming once dilapidated areas into great places to live and work. They even helped expand Gilbert Christian Schools’ footprint with a new, state-of-the-art 56,000-square-foot campus and built some of Arizona’s flagship developments including Portland on the Park, a 149-unit downtown condo. from Phoenix.