Founded in 2005 with a single location in the Esplanade at 24th Street and Camelback, Western National Bank now has three branches, including two in Scottsdale, and has seen its annual revenue climb from just over $8.7 million in 2006 to more than $15 million in 2007.
To qualify for the award a nominee must be a privately-held for-profit company headquartered in Arizona. Companies are also ranked by annual net sales.
"We are honored to be included on this list," said Bill Hinz, Western National Bank's president and chief executive officer. "Our success can be attributed to our dynamic staff and an expanding base of loyal customers which will help us to continue growing, even in difficult economic times."
Congratulations to the bank!