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Columbus, Ohio (January 9, 2023) – Western Alliance Bank, the primary subsidiary of Western Alliance Bancorporation, one of the country’s top-performing banks with more than $65 billion in assets, announced an expansion into Westerville, Ohio, investing $2.2 million and creating 150 jobs for a new technology hub. The company is currently growing its technology organization by hiring data analysts, engineers, developers, network operators, management, finance specialists and others.
To support the bank’s rapidly expanding products and business segments, the company’s IT division is establishing a workforce in new geographies, like Westerville, to enable acquisition and retention of world-class data analytics, cyber security, software development, finance and IT talent. The banking company has nearly 3,400 full-time employees across its offices and is adding 150 positions with this expansion into the Columbus Region.
“We are building a high-performing technology enterprise for our high-performing bank, and we were drawn to this outstanding part of Ohio. The robust talent pipeline, concentration of finance and technology companies and competitive business environment in the Columbus Region is the type of ecosystem we were looking for when scouting locations across the country,” said Tim Boothe, chief operating officer of Western Alliance Bank. “The community amenities, strong corporate presence, Class A office product and talent acquisition practices made Westerville the top contender for this project, which will ultimately be a catalyst for the bank’s growth nationwide.”
Headquartered in Phoenix, Arizona, Western Alliance Bank is a dedicated commercial bank that regularly earns top industry accolades. American Banker and Bank Director both ranked Western #1 for performance in 2021 among large banks with assets greater than $50 billion.
“Our finance cluster and broader business community is proud to welcome Western Alliance, one of the best performing banks in the country, to Westerville,” said Rachel Ray, economic development director for the City of Westerville. “Westerville is already home to dozens of companies that specialize in technology and finance, so combined with the Region’s highly educated talent pipeline, we know that Western Alliance will thrive in this community.”
Western Alliance Bank joins the community of global banking institutions, national insurance and technology companies changing the industry that are proud to call the Columbus Region home. Finance and insurance comprise the top private sector by economic output in the Region. Both established and high growth companies in Columbus benefit from the Region’s continuous growth and skilled talent pool with nearly 40 academic and vocational institutions with business, finance and communication programs representing over 4,100 degree completions annually that produce large talent pools ready to enter the market.
“This expansion in Westerville demonstrates Western Alliance Bank’s confidence in Ohio’s strong and diverse financial services sector,” said J.P. Nauseef, president and CEO of JobsOhio. “Western Alliance Bank’s investment brings rapid hiring for 150 new jobs that will support the continued national growth of one of the nation’s top performing banks.”
About Western Alliance Bank
With more than $65 billion in assets, Western Alliance Bancorporation is one of the country’s top-performing banking companies. Its primary subsidiary, Western Alliance Bank, Member FDIC, offers a full spectrum of tailored solutions and outstanding service delivered by banking and mortgage experts who put customers first. Major accolades include being ranked #1 top-performing large bank with assets greater than $50 billion in 2021 by both American Banker and Bank Director. Serving clients across the country wherever business happens, Western Alliance Bank operates individual, full-service banking and financial brands and has offices in key markets nationwide. For more information, visit Western Alliance Bank.
JobsOhio is a private nonprofit economic development corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention and expansion. The organization also works to seed talent production in its targeted industries and to attract talent to Ohio through Find Your Ohio. JobsOhio works with six regional partners across Ohio: Dayton Development Coalition, Ohio Southeast, One Columbus, REDI Cincinnati, Regional Growth Partnership and Team NEO. Learn more at www.jobsohio.com. Follow the company on LinkedIn, Twitter and Facebook.
About City of Westerville
The City of Westerville, Ohio, founded in 1858, is home to more than 40,000 residents, making it one of the largest suburban communities in the state. Located in the northeast corner of Ohio’s fastest growing region (northeast Franklin County and southern Delaware County), Westerville is a leader in job creation and widely known for its nationally recognized parks system and award-winning city services including the WeConnect fiber network and municipally-owned and operated data center. Situated just 10 miles from the airport, the state capital of Columbus, and the Ohio State University Main Campus, Westerville is also within 500 miles of more than half the United States and Canadian population. A rich heritage, Westerville was world headquarters to the Prohibition movement in the early 1900s, and in 1916 became the third municipality in the United States and first village in Ohio to adopt a Council/Manager style of government.
About One Columbus
As the economic development organization for the 11-county Columbus Region, One Columbus’ mission is to lead a comprehensive regional growth strategy that develops and attracts the world’s most competitive companies, grows a highly adaptive workforce, prepares our communities for the future, and inspires corporate, academic and public innovation throughout the Columbus Region. One Columbus expertly guides companies through the location decision process. Through strategic business outreach and customized research, the One Columbus team leverages public, private and institutional partnerships to grow the Columbus Region’s economy and strengthen its national and international competitiveness. Funding is received from more than 300 private organizations, local governments, academic institutions and JobsOhio. Learn more at ColumbusRegion.com.
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