News/Press Room

Chan joins Alliance Bank of Arizona as CFO

June 5, 2007

PHOENIX - Alliance Bank of Arizona President and CEO Jim Lundy announced this week that Pamela L. Chan has joined the bank as senior vice president and chief financial officer.

"Pamela's reputation in Arizona banking is outstanding," said Lundy. "Her financial, accounting and regulatory expertise will be invaluable to Alliance Bank as we continue to grow in Arizona. She is a great addition to our team of talented and experienced banking professionals."

Chan joins Alliance Bank from Choice Bank where she was the original chief financial officer. She is a Certified Public Accountant with more than 17 years of banking, finance and accounting experience in Arizona. She is currently the Chair of the Arizona Society of CPAs - Industry Steering Committee.

A native of Hong Kong, Chan graduated Cum Laude from Arizona State University with a B.S. in Economics. She received an MBA in Banking Management from the University of Maryland University College (UMUC) and also graduated with honors from the National School of Banking. Chan is a former Public Committee Member of the Family College Savings Program Oversight Committee, appointed by former Arizona Governor Jane Dee Hull. The Committee is mandated by a State of Arizona Statute to oversee Arizona's only 529 College Savings Plan. She is also a former member of the board of directors of the Arizona Society of CPAs.

Founded in 2003 in Phoenix, Alliance Bank has quickly become one of the fastest-growing banks in the nation with total assets of more than $717 million, total deposits of $630 million and total loans of $516 million (as of 5/31/07). Alliance Bank is a "super community" commercial bank with local decision-making, focused on Arizona's business, professional and real estate development community, along with individuals seeking personalized banking service. For more information, visit the Alliance Bank of Arizona web site at alliancebankofarizona.com.

Alliance Bank of Arizona is a subsidiary of Western Alliance Bancorporation, which began public trading on the New York Stock Exchange (NYSE) on June 30, 2005 under the symbol "WAL." Western Alliance ranks as one of the most rapidly growing bank holding companies in the United States, with assets of $4.7 billion and offices in Las Vegas, Reno, San Diego, Oakland, Phoenix, Tucson, Sedona and Flagstaff.

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