Where you keep your money may feel like a personal financial decision. But collectively, those decisions can shape which businesses get access to capital, which communities retain financial services and how much money continues circulating within Arizona.

What happens when a credit union has been rooted in the same community since 1937 — and still considers itself just getting started?

In the latest episode of the Arizona’s Credit Unions Podcast, Local First Arizona's Thomas Barr sits down with Tucson Federal Credit Union President and CEO Matthew Gaspari and Vice President of Business Services Shaima Namazifard to talk about what local banking looks like in practice — from expanding access to business capital to keeping financial decisions rooted in the communities they affect.

For Spinato's, employee ownership - or ESOPs - offered a way to accomplish several goals at once: preserve the company's legacy, keep the business locally rooted, reward longtime employees and create another reason for talented people to build careers with the company.

Shifting economic priorities means changing the policies, market conditions and systems that determine who has access to opportunity, resources and economic power. For Local First Arizona, that means helping locally owned businesses build collective leverage, removing structural barriers and creating more ways for Arizona communities to benefit from the wealth generated here.

Since Local First Arizona brought Green Business Boot Camp to the Verde Valley in 2023, participants have developed projects to conserve water throughout their operations. Through a partnership with Friends of the Verde River, more than $150,000 in River Friendly Living grants have helped Boot Camp graduates put water-saving projects into action — with an estimated 17 million gallons in annual water savings.

Credit unions are an important part of a strong local economy because they are built differently. As member-owned nonprofit financial institutions, they exist to serve their members rather than outside shareholders. Earnings can be returned to members through lower loan rates, fewer fees and higher savings yields, while decisions about lending and investment remain closely connected to the communities they serve.

“If you save energy and water, you’re going to save money. If you save energy and water, it’s better for the environment. And if you save energy and water it’s better for the community,” he said. “It’s a triple threat, bottom-line benefit. You’re benefiting yourself, benefiting other people and the environment as a whole. You’re crazy not to do it.”

Where you keep your money may feel like a personal financial decision. But collectively, those decisions can shape which businesses get access to capital, which communities retain financial services and how much money continues circulating within Arizona.

What happens when a credit union has been rooted in the same community since 1937 — and still considers itself just getting started?

In the latest episode of the Arizona’s Credit Unions Podcast, Local First Arizona's Thomas Barr sits down with Tucson Federal Credit Union President and CEO Matthew Gaspari and Vice President of Business Services Shaima Namazifard to talk about what local banking looks like in practice — from expanding access to business capital to keeping financial decisions rooted in the communities they affect.

Hace algunos años, Yorsa Martinez se sentaba entre decenas de emprendedores que buscaban aprender cómo convertir una idea en un negocio. Hoy regresa al mismo salón, pero desde el frente del aula.

Ya no llega como estudiante, sino como facilitadora, coach y conferencista que acompaña a otros en el mismo camino que ella recorrió. Su historia refleja el poder de la preparación, la perseverancia y el compromiso de devolver a la comunidad aquello que un día recibió.

For Spinato's, employee ownership - or ESOPs - offered a way to accomplish several goals at once: preserve the company's legacy, keep the business locally rooted, reward longtime employees and create another reason for talented people to build careers with the company.

Shifting economic priorities means changing the policies, market conditions and systems that determine who has access to opportunity, resources and economic power. For Local First Arizona, that means helping locally owned businesses build collective leverage, removing structural barriers and creating more ways for Arizona communities to benefit from the wealth generated here.

Since Local First Arizona brought Green Business Boot Camp to the Verde Valley in 2023, participants have developed projects to conserve water throughout their operations. Through a partnership with Friends of the Verde River, more than $150,000 in River Friendly Living grants have helped Boot Camp graduates put water-saving projects into action — with an estimated 17 million gallons in annual water savings.

Credit unions are an important part of a strong local economy because they are built differently. As member-owned nonprofit financial institutions, they exist to serve their members rather than outside shareholders. Earnings can be returned to members through lower loan rates, fewer fees and higher savings yields, while decisions about lending and investment remain closely connected to the communities they serve.

Durante más de 30 años, Yessica Olivares ayudó a construir algunas de las marcas de restaurantes más reconocidas de Estados Unidos. Pero mientras contribuía al crecimiento de empresas como McDonald’s, Chipotle y Wingstop, nunca dejó de imaginar lo que sería crear un negocio propio.

Esa visión ahora se llama La Chickytita Grab to Go, un café de inspiración mexicana donde cada bebida y cada platillo representan años de experiencia, trabajo duro y perseverancia.

Where you keep your money may feel like a personal financial decision. But collectively, those decisions can shape which businesses get access to capital, which communities retain financial services and how much money continues circulating within Arizona.

What happens when a credit union has been rooted in the same community since 1937 — and still considers itself just getting started?

In the latest episode of the Arizona’s Credit Unions Podcast, Local First Arizona's Thomas Barr sits down with Tucson Federal Credit Union President and CEO Matthew Gaspari and Vice President of Business Services Shaima Namazifard to talk about what local banking looks like in practice — from expanding access to business capital to keeping financial decisions rooted in the communities they affect.

For Spinato's, employee ownership - or ESOPs - offered a way to accomplish several goals at once: preserve the company's legacy, keep the business locally rooted, reward longtime employees and create another reason for talented people to build careers with the company.

At Reid Park Zoo, protecting wildlife isn't something that happens only inside an animal habitat.

It influences how buildings are constructed. How landscapes are planted. What gets composted. How products are purchased. And even how much water flows through a sink, toilet or pool. That connection between mission and operations is one reason Reid Park Zoo has earned a renewed Green Business Certification from Local First Arizona.

Shifting economic priorities means changing the policies, market conditions and systems that determine who has access to opportunity, resources and economic power. For Local First Arizona, that means helping locally owned businesses build collective leverage, removing structural barriers and creating more ways for Arizona communities to benefit from the wealth generated here.

For Indigenous entrepreneurs like PGA Professional Cesar Balgañon II, access to capital can open doors to business growth, new industries and opportunities for the next generation. See how Local First Arizona’s Rooted Relative Fund is helping expand economic opportunity through relationship-based lending.

Credit unions are an important part of a strong local economy because they are built differently. As member-owned nonprofit financial institutions, they exist to serve their members rather than outside shareholders. Earnings can be returned to members through lower loan rates, fewer fees and higher savings yields, while decisions about lending and investment remain closely connected to the communities they serve.