Irwin Union Bank is on a growth tear.
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The company, one of two banking units operated by the $6.5 billion-asset Irwin Financial Corp. in Columbus, Ind., said Thursday that it has opened a branch in Albuquerque, its fourth new market this year.
It previously expanded into Mesa and Glendale, Ariz., and Reno, Nev.
It also added two more branches this month in Phoenix. It now has three there.
Irwin Union, which has a strategy of hiring local banking veterans to manage its branches, named Chesley "Chez" Steel its market president for Albuquerque. Mr. Steel, who has more than 20 years of banking experience, most recently served as a senior vice president of commercial banking with Bank of the West in Albuquerque.
