Oct 6, 11:05 AM EDT

California-based Bank of the West expanding in Arizona


PHOENIX (AP) -- A San Francisco-based bank that operates in 23 states is expanding its Arizona presence with a new office in Tempe with space for 1,000 workers.

Bank of the West announced the expansion Thursday in conjunction with the Arizona Commerce Authority and Gov. Doug Ducey's office.

The company has been offered a $3 million grant and will qualify for nearly $6 million in tax credits if all jobs are filled.

The Tempe location alongside Interstate 10 south of Phoenix Sky Harbor International Airport was chosen after a nationwide search.

It will be led by the bank's Corporate Services Division leader, John Thomason.

Bank of the West is a subsidiary of European bank BNP Paribas.

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This version corrects that the first name of the bank executive is John, not Mike.

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