Longtime supporter of the Devour Culinary Classic to retire
Ed Zito’s, head of Alliance Bank, retirement became effective on March 31, 2018.
The state’s largest locally-headquartered banking division began in 2003. For 15 years, Zito has been an active member in the growth of Alliance Bank, which holds more than $20 billion in assets and is now Arizona’s go-to business banking resource.
Zito’s recognition extends far beyond the banking industry into the nonprofit space and the region's economic development.
In the realm of nonprofit work, Zito was a founding member of Arizona’s chapter for Social Venture Partners, which launched in 1999. The foundation takes and entrepreneurial approach to philanthropy with a network of partners that donate money and lend their time to nonprofit organizations primarily focused on children and education.
Zito was also the initial vice chairman of Arizona Economic Resource Organization, a public-private partnership formed to lead Arizona’s economic development initiatives. Zito was also a great supporter of Local First Arizona and the Devour Culinary Classic. He also served in senior leadership positions with the Arizona Chamber of Commerce, Downtown Phoenix In., and more.
"Ed has played a remarkable role in the growth of Alliance Bank of Arizona. On behalf of the hundreds of employees and customers he has impacted, myself included, it has been a pleasure to work with Ed and we are thankful for his service to the bank and the greater business community,” Don Garner, CEO of Alliance Bank of Arizona, said.
Alliance bank will announce a successor for Zito later in the year.
Local First Arizona is celebrating Community Banking Month this April. Visit localfirstaz.com/banking to learn more about moving your money to a community bank or credit union.