Arizona

At least six groups are exploring opening new banks in the state, which is enjoying an economic recovery and has a dearth of local financial institutions.

Paul Watkins served as chief counsel for the Arizona AG's 150-person civil litigation division and also headed up the office's fintech initiatives.

Organizers of Gainey Business Bank, a bank planned in Scottsdale, received approval from the state's banking regulator to raise capital while completing a charter application.

The veteran CEO will turn the reins of the $3.5 billion credit union to Dave Sweiderk, executive vice president and COO of OneAZ Credit Union in Phoenix

Cost-cutting will be important, but for its acquisition of CoBiz to be a winner, BOK Financial will have to prove it can boost fee income as it has with smaller acquisitions.

Organizers of Scottsdale Community Bank plan to raise a minimum of $16 million.

Although there's often a tension between regulation and innovation, the sandbox concept can help startups, regulators and incumbent banks better navigate experimental financial technologies.

Although there's often a tension between regulation and innovation, the sandbox concept can help startups, regulators and incumbent banks better navigate experimental financial technologies.

AssetMark Trust plans to offer a product for the $1 billion in cash it holds for clients.

Readers react to a drive for more public banks, weigh in the launch of an online-only bank, chime in on what millennials need and more.