Six new banks are being organized in Arizona and, surprisingly, not all are in Phoenix and Tucson.

Since 1995, about a dozen banks have received Arizona state charters and nearly all are located in the booming Phoenix-Tucson corridor. But of the six awaiting regulatory approval, only two - Southwest Bank of Phoenix and Desert Hills Bank - are in major markets. The others are First Bank Yuma and Yuma Community Bank in the southwestern city of Yuma; Mission Bank in the northwestern city of Kingman; and First Country Bank in Pinetop, a town of 3,300 in the eastern part of the state.

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