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June 6, 2008
MidFirst Bank has bought more than 25 properties around the Valley and plans to open at least 12 banks by the end of 2009.
September openings are slated in the Lake Pleasant/Happy Valley area and at 48th Street and Chandler Boulevard. Other branches will open in Phoenix (two), Tempe, Surprise, Queen Creek (two), Gilbert (two), Glendale and Litchfield Park.
That expansion will add more than 170 employees by the end of the year, officials said. MidFirst employs 135 in the Valley through banking centers and lending outfits in Anthem, downtown Phoenix, North Scottsdale and central Phoenix on Camelback Road.
"It's a pretty strong growth plan here in Arizona," said Jeff Lowe, president of Arizona banking for MidFirst.
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