Western Alliance Bank (NYSE:WAL) has been named Phoenix Business of the Year, the top honor given in the Greater Phoenix Chamber’s Excellence in Business Awards, announced June 9, 2026.
Western Alliance was the winner in the midsize-to-large-business category of the Excellence in Business Awards. The award recognizes Western Alliance as Arizona’s largest local bank and highlights its business growth, national banking capabilities, workplace culture and investment in the Phoenix community.
Headquartered in Phoenix, Western Alliance serves businesses and consumers nationwide through specialized, industry-focused banking groups. The company employs more than 3,500 people across 34 states.
“We are proud to receive this recognition from the Greater Phoenix Chamber,” said Kenneth Vecchione, President and CEO of Western Alliance Bank. “Our focus stays simple: strong relationships, specialized expertise and a clear commitment to helping clients grow, while contributing meaningfully to Arizona’s economy.”
The Excellence in Business Awards have recognized companies that drive growth and opportunity in Arizona for nearly four decades.
Western Alliance’s community impact includes:
- Financial literacy and workforce readiness: Supporting students and early-career talent through Junior Achievement and broader workforce development investments, including more than $266,000 in workforce and financial literacy initiatives and $6.5 million in community development loans supporting schools, and more than $100 million in small business loans.
- National service leadership: Serving as a major national sponsor of 9/11 Day, the country’s largest annual day of charitable service, mobilizing community engagement at scale.
- Affordable housing and community development: Delivering meaningful impact through more than $980 million in affordable housing and community development loans, helping create over 4,400 housing units in Phoenix and across its national footprint.
- Local investment: $100,000 contribution to expand dental care access for Arizona veterans.
- Public safety support: Donation of 10 electric patrol bikes to the Phoenix Police Department.
About Western Alliance Bank
Western Alliance Bancorporation (NYSE: WAL) is one of the country’s top-performing banking companies and has ranked as a top U.S. bank by American Banker and Bank Director since 2016. Its primary subsidiary, Western Alliance Bank, is a leading national bank for business that puts customers first, delivering tailored business banking solutions and consumer products backed by outstanding, personalized service and specific expertise in more than 30 industries and sectors. With $90 billion in assets and offices nationwide, Western Alliance excels at helping businesses of all sizes capitalize on their opportunities to solve today and succeed tomorrow. For more information on our offerings, subsidiaries and affiliates, visit Western Alliance Bank, Member FDIC, or follow us on LinkedIn.
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