First Arizona Savings Bank Appoints Receiver Amid Financial Woes

Summary

First Arizona Savings Bank has appointed a receiver to oversee its operations following financial difficulties, a move aimed at stabilizing the institution and protecting its customers' assets.

Original source language: Federal Register — Department of the TreasuryOpen original release →

Add your company to Business Communicator

We monitor business sources and connect attention with companies, profiles and services available in Business Communicator.

Create a free company profile Explore businesses on Business Maps →

Create a free company profile →

Explore insights

Business insights →

Global Markets News Trade Regulation News Business Technology News Fintech for Business: Payments & Banking News Supply Chain News Central Bank Policy News

Related business signals

Finance & markets · 10/6/2026

FinCEN Withdraws Proposal on Convertible Virtual Currency Mixing, Citing Section 311 of USA PATRIOT Act

The Financial Crimes Enforcement Network (FinCEN) has withdrawn its proposal to classify international Convertible Virtual Currency (CVC) mixing as a primary money laundering concern, following a review under the USA PATRIOT Act. The move reverses a proposed rulemaking that would have imposed enhanced recordkeeping and reporting requirements on this type of transaction.

Read summary →

Finance & markets · 10/13/2026

U.S. Department of the Treasury Publishes Venezuela Sanctions Regulations Web General License 60

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has published a general license (GL 60) related to Venezuela sanctions, previously made available on their website.

Read summary →

Finance & markets · 10/13/2026

U.S. Treasury Publishes Iran-Related Sector Determination

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has published a sector determination related to Iran, as mandated by an Executive Order issued on January 10, 2020, previously posted on OFAC's website.

Read summary →

Finance & markets · 10/9/2026

Department of the Treasury Invites Comment on Proposed Information Collection: Information-Sharing Initiative: Digital Assets Criteria Form

The Department of the Treasury invites the general public and other federal agencies to comment on the proposed information collection, Information-Sharing Initiative: Digital Assets Criteria Form, in accordance with the Paperwork Reduction Act of 1995.

Read summary →

Finance & markets · 10/8/2026

OFAC Sanctions Actions Update

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of individuals whose assets have been unfrozen and those removed from the Specially Designated Nationals and Blocked Persons List (SDN List), as well as updates to the identifying information of individuals or properties still blocked on the list.

Read summary →

Finance & markets · 10/7/2026

U.S. Department of the Treasury's Office of Foreign Assets Control Publishes Names of Individuals Sanctioned by OFAC

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has added the names of one or more individuals to its Specially Designated Nationals and Blocked Persons List (SDN List), freezing their assets and prohibiting U.S. persons from doing business with them.

Read summary →