Hispanic Focused Bank
April 14, 2005
Inspired by the growth of Valley Hispanic businesses, a group of Latino leaders is forming a bank to focus on the Hispanic bilingual market. There is a national trend of Hispanic entrepreneurs organizing Hispanic focused community banks as well as larger banks trying to get this growing market. Sonoran Bank will be the first new bank in Arizona to specialize and focus on the needs of small and growing Hispanic-owned businesses. Guests include Ricardo Torres, Chairman of Sonoran Bank and Ernie Garfield, Interstate Bank Developers, Inc.