Phoenix-area bank closes, leaves customers wondering - WECT TV6-WECT.com:News, weather & sports Wilmington, NC

Phoenix-area bank closes, leaves customers wondering

GOLD CANYON, AZ (CBS5) -

On Friday, Gold Canyon Bank shut down its two branches in Gold Canyon City and Peoria. On Monday, those banks will reopen as branches of First Scottsdale Bank.

On Sunday, members of the Federal Deposit Insurance Corporation were hard at work making sure everything was right for a smooth transition when First Scottsdale Bank opens its doors.

Bank customer Carmen Nelson said she isn't overly concerned about the change in ownership; however, she wasn't taking any chances either.

"I just took out $300 because that's the most you can take out of the ATM. I got $300 yesterday, too," said Nelson.

Rich Vogel is the CEO of First Scottsdale Bank. The financial institution's been around for about 2 1/2 years. Vogel said his company just acquired both branches of Gold Canyon Bank in the past week and is working to acquire another bank in Tucson.

"Withdrawals, checks, use of the ATM and ATM card, nothing's changed. I expect people coming in just like they did on Saturday and having a lot of questions. We're a small bank. We're a community bank. The only change is that they will be dealing with a much stronger financial institute," Vogel said.

Vogel said once the bank officially changes hands on Monday, its 1,500 customers will receive a letter in the mail notifying them of the change.

Copyright 2013 CBS 5 (KPHOBroadcasting Corporation). All rights reserved.

  • Trending StoriesTrending StoriesMore>>

  • breaking

    Teacher accused of bringing students home for sex

    Teacher accused of bringing students home for sex

    Wednesday, September 20 2017 4:24 PM EDT2017-09-20 20:24:41 GMT
    Wednesday, September 20 2017 5:20 PM EDT2017-09-20 21:20:20 GMT
    Jessie Lorene Goline (Source: Craighead Co. Sheriff's Office)Jessie Lorene Goline (Source: Craighead Co. Sheriff's Office)

    Arkansas State Police say a former Marked Tree teacher brought several students to her home in Jonesboro for sex, including two in the same night.

    More >>

    Arkansas State Police say a former Marked Tree teacher brought several students to her home in Jonesboro for sex, including two in the same night.

    More >>
  • Young girl hospitalized by 105 mph foul at Yankee Stadium

    Young girl hospitalized by 105 mph foul at Yankee Stadium

    Wednesday, September 20 2017 5:46 PM EDT2017-09-20 21:46:33 GMT
    Thursday, September 21 2017 2:48 AM EDT2017-09-21 06:48:45 GMT

    A young girl at Yankee Stadium was injured by a foul ball off the bat of Todd Frazier during a game against Minnesota, leading some New York players to call for protective netting to be extended.

    More >>

    A young girl at Yankee Stadium was injured by a foul ball off the bat of Todd Frazier during a game against Minnesota, leading some New York players to call for protective netting to be extended.

    More >>
Powered by Frankly