A California-based bank is opening its first Arizona service center.
More jobs for the east valley. San Francisco-based Union Bank announced Thursday it's expanding into Arizona with a new mortgage operations center opening soon in Tempe. The announcement was made at Tempe City Hall by Gov. Jan Brewer and Union Bank executive vice president Jim Francis.
Union Bank's Consumer Lending Division primarily services residential mortgages in California, Oregon, and Washington. This will be its first mortgage operations center in Arizona.
Francis says the new service center, to be located at the Papago Spectrum office building, 1225 W. Washington St., will ultimately employ 250 mortgage professionals, including application processors, underwriters, and other operations support and management positions. Francis says hiring begins immediately; information is available at www.unionbankazjobs.com. He expects the mortgage center to be operational "within the next few weeks".
Gov. Brewer said the announcement is a direct result of the state's recent efforts to meet with the CEOs of California-based companies in hopes of convincing them to move or open operations in Arizona.
PHOTO: Gov. Brewer looks on as Union Bank Executive VP Jim Francis talks about the bank's expansion into Tempe. Tempe Mayor Mark Mitchell is at right.