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Western State Bank purchases Central Arizona Bank

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Western State Bank has announced the purchase of Central

Arizona Bank located at 7001 N. Scottsdale Road, Suite 1000 in Scottsdale, Ariz..

Central Arizona Bank was approximately $31 million in total assets. Western

State Bank purchased all loans and deposits of the financial institution.

Western State Bank entered the Arizona market in 2007 when they opened a loan

production office in Chandler. In 2009, they became a full-service bank and opened a

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