Arizona Is Our Home and Our Future: Community Banking With Vantage West Credit Union
For local businesses to succeed, Arizona needs strong local financial institutions. Originally founded in 1955 as DMAFB Federal Credit Union, Vantage West Credit Union has been serving Arizonans for over 60 years. Today it is state-chartered with 17 branches in four counties, over 140,000 members and 450 employees. Serving both individuals and business owners, membership is open to anyone who lives, works, worships, attends school or volunteers in Pima, Pinal, Cochise or Maricopa County or in Gila River Indian Reservation and Arizona’s “Copper Basin” Area. The credit union also proudly serves many members of the United States Armed Forces. “Vantage West is a very large, grassroots, home-grown, credit union, with the ability to offer a robust menu of business and consumer financial products and services,” comments Jill Casey, AVP of Communications for Vantage West Credit Union. As an Arizona based financial institution, Vantage West Credit Union offers the advantage of local decision-making, allowing them to be flexible and practical in commercial and consumer loan processes. Learn more and meet up with staff of Vantage West Credit Union Thursday, April 14th at the Meet & Greet with Local Banks & Credit Unions in Scottsdale or Thursday, April 21st at the Community Banking Festival at the Loft Cinema in Tucson.
Vantage West CU is proud to support local businesses. “Arizona is our home, and our future,” comments Casey. “Local businesses are the heartbeat of our Arizona communities. From the boutiques and shops along 4th Avenue and the variety of unique restaurants in downtown Tucson, to the Roosevelt Row Art District in Phoenix, Arizona is home to many local areas of interest. These local Arizona businesses help frame and build our future stimulating the economy all along the way.” As a member owned credit union with deep roots in the community, Vantage West CU is committed to supporting other local businesses. “We patronize local business, from catered lunches for employee incentives, to using Downtown Tucson and Tucson Originals gift cards for drawing giveaways at community events. We work with a host of Arizona-based businesses, from our advertising agency to our printer, to our website developer and more.”
Giving back is important. In 2015, Vantage West CU invested $395,000 in higher education, through support of scholarships and matching funds programs for students. Vantage West CU offered more than 50 financial literacy classes and seminars including one for Local First AZ business owners. The credit union has invested $52K in sponsorships for community events benefitting local nonprofits and directly donated more than $64K to local charities. Employees participated in community walks, runs, stair climbs and other activities and are each paid their regular pay to perform up to 16 hours of volunteer work every year. "In 2015, we paid out 280 hours of volunteer work in the community, " says Casey. "Interestingly, employees self-reported performing an additional 1,618 hours of volunteer work on their own time. There’s a multiple benefit for a company as it is the employees who do the work in the community.” Employees witness the issues first- hand and see the importance of keeping the community financially strong.
Vantage West reflects proudly on the role they played to keep the local economy going during the recession. “When other financial institutions weren’t lending, we were able to fill those gaps to meet the needs of our members seeking of financing. This helped stimulate our local economy at a time when we needed it the most,” says Casey. “When we help support local businesses by offering fairly priced business loans and banking services, we help fuel the growth of local businesses.” Those businesses feed the economy by providing jobs and sharing revenue with other local businesses.
“We love Arizona, because of the people, the climate, the rich cultural diversity, the great food, the generosity,” says Casey. “Arizona is our home and we take pride in doing all we can to support local businesses.”