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Western Alliance Bancorporation Subsidiary Alta Alliance Bank Announces Opening of Los Altos Office

^{Published on 2010-08-11 05:15:34 - Market Wire}
 

PHOENIX--([ BUSINESS WIRE ])--Western Alliance Bancorporation (NYSE: WAL) announced today that its northern California subsidiary, Alta Alliance Bank, has opened a full-service branch office in Los Altos.

"The location is a perfect fit for both our banking capabilities and our emphasis on quality, personal attention."

The office provides a full suite of commercial and professional banking services to serve businesses and residents in the Bay Area Peninsula and Silicon Valley. Alta Alliance Bank also operates offices in Oakland and Piedmont.

aWith the opening of the Los Altos branch, we are continuing to build our franchise by leveraging our strong product offering and service model in key market locations,a said Robert Sarver, Chairman and CEO of Western Alliance Bancorporation. aLos Altos provides a tremendous opportunity for us to grow in a region prized for its innovation and entrepreneurism.a

The new office is headed by Natalie Taaffe, a seasoned commercial banker with 22 years of experience in the local market and a fifth-generation northern Californian.

aNataliea�s strong lending background and business relationships on the Peninsula and in Silicon Valley make her extremely well suited to lead this office,a said Sedrick Tydus, President and CEO of Alta Alliance Bank. aThe location is a perfect fit for both our banking capabilities and our emphasis on quality, personal attention.a

The new branch offers full-service deposit and lending services, online banking, equipment finance and treasury management products. The branch is located at 20 First Street in the commercial center of Los Altos.

About Western Alliance Bancorporation

Western Alliance Bancorporation is the parent company of Bank of Nevada, First Independent Bank of Nevada, Alliance Bank of Arizona, Torrey Pines Bank, Alta Alliance Bank, Shine Investment Advisory Services, and Premier Trust. These dynamic organizations provide a broad array of banking, leasing, trust, investment, and mortgage services to clients in Nevada, Arizona and California, and investment services in Colorado. Staffed with experienced financial professionals, these organizations deliver a broader product array and larger credit capacity than community banks, yet are empowered to be more responsive to customers' needs than larger institutions.