Docstoc

Western Alliance Bancorporation Announces Participation in Small Business Lending Fund

Document Sample
Western Alliance Bancorporation Announces Participation in Small Business Lending Fund Powered By Docstoc
					Western Alliance Bancorporation Announces
Participation in Small Business Lending Fund
September 27, 2011 02:50 PM Eastern Daylight Time 

PHOENIX--(EON: Enhanced Online News)--Western Alliance Bancorporation (NYSE:WAL) announced today
that it received $141.0 million from the U.S. Department of the Treasury’s Small Business Lending Fund (SBLF).
The Fund was created by the Small Business Jobs Act of 2010 to increase lending to small businesses by qualified
community banks.

“Lending to small businesses has always been a central part of our mission and we are pleased to participate in the
SBLF program,” said Robert Sarver, Chairman and CEO.

“This program will aid in promoting lending to this vital part of our economy and we look forward to using it to assist
small businesses in our Arizona, California and Nevada markets,” said Ken Vecchione, President and COO.

About SBLF

The SBLF was enacted into law as part of the Small Business Jobs Act of 2010. The SBLF is one part of a
comprehensive agenda to help small businesses access the capital they need to invest and hire. The SBLF program
brings Main Street banks, community loan funds, and small businesses together to help create jobs and promote
economic growth in local communities. In addition, the SBLF fosters lending in local communities and provides
incentives for Main Street banks to increase their lending to small businesses. Additional information on the SBLF
program can be found on Treasury’s website at www.treasury.gov/resource-center/sb-programs.

About Western Alliance Bancorporation

Western Alliance Bancorporation is a leading bank holding company in the Southwest with banking and financial
service subsidiaries in Arizona, California, Nevada and Colorado. The company provides services to businesses,
entrepreneurs, professionals, nonprofit organizations, high net worth individuals and other consumers seeking the
robust product array of a national bank with the individual, personal attention of a community bank, delivered
through a dedicated, local Relationship Manager.

Contacts
Western Alliance Bancorporation
Media:
Robert Sarver, 602-952-5445
or
Investors:
Dale Gibbons, 602-952-5476

Recent Stories from Western Alliance Bancorporation
    l   Western Alliance Bancorporation to Present at the Rodman & Renshaw Annual Global Investment
        Conference
        September 09, 2011
        PHOENIX--(EON: Enhanced Online News)--Western Alliance Bancorporation (NYSE: WAL) announced
        today that President and Chief Operating Officer Ken Vecchione will present at the Rodman & Renshaw A...
        more »
    l   Western Alliance Bancorporation to Present at the Raymond James Bank Conference
    August 02, 2011
    PHOENIX--(EON: Enhanced Online News)--Western Alliance Bancorporation (NYSE:WAL) announced
    today that President and Chief Operating Officer Ken Vecchione will present at the Raymond James Bank
    Conf... more »
l   Western Alliance Bancorporation Names Dennis Rygwalski Executive Vice President, Technology and
    Operations
    August 01, 2011
    PHOENIX--(EON: Enhanced Online News)--Western Alliance Bancorporation (NYSE: WAL) Chairman
    and CEO Robert Sarver announced today that Dennis Rygwalski has been named Executive Vice President,
    Techn... more »

				
DOCUMENT INFO
Shared By:
Tags:
Stats:
views:3
posted:9/27/2011
language:English
pages:2
Description: PHOENIX--(EON: Enhanced Online News)--Western Alliance Bancorporation (NYSE:WAL) announced today that it received $141.0 million from the U.S. Department of the Treasury’s Small Business Lending Fund (SBLF). The Fund was created by the Small Business Jobs Act of 2010 to increase lending to small businesses by qualified community banks. “Lending to small businesses has always been a central part of our mission and we are pleased to participate in the SBLF program,” said Robert Sarver, Chairman an a style='font-
EON: Enhanced Online News EON: Enhanced Online News http://eon.businesswire.com
About At EON: Enhanced Online News, we show you how to make your online press release thrive. If you want to drive traffic to your website, generate sales leads, make an announcement, or promote a new product, EON: Enhanced Online News delivers the online visibility that you need. EON: Enhanced Online News powered by Business Wire.