With an 80-year history, a management team with 150 years of combined experience and a well-seasoned professional team, we’ve proven that we’re here for the long term. How did we do it? Simple – we take the time to understand our customers. Continue reading
Oakland, CA., June 29, 2018 — California BanCorp (OTCQX:CALB), the holding company for California Bank of Commerce, a San Francisco Bay Area business bank, today announced that industry veteran and former executive Colleen Atkinson will return as Executive Vice President to lead its new Professional Banking Division. The Professional Banking Division provides custom liquidity and credit solutions to clients in the legal, accounting, insurance and not-for-profit industries.
“We are very excited to welcome Colleen back to California Bank of Commerce to head up the Professional Banking Division,” said California Bank of Commerce President and CEO Steven E. Shelton. “She understands the importance of digging below the surface and truly understanding the challenges and needs of professional services firms to ensure California Bank of Commerce is their trusted advisory partner.”
Ms. Atkinson has more than 25 years of experience in corporate banking, with an emphasis in deposit and treasury services; debt financing; investment advisory and securities trading; and risk management and analytics. Most recently, she was a Senior Corporate Banking Manager at HSBC Bank USA, N.A. where she focused on mid-corporate banking. From 2012-2017, she served as a Senior Vice President for California Bank of Commerce. Continue reading
Cerritos, California, June 26, 2018 (Globe Newswire) — (Nasdaq Capital Markets: FCBP) – First Choice Bancorp, the holding company for First Choice Bank (the “Bank,” collectively, “First Choice”) announced it was added to the Russell 3000® Index and the Russell 2000® Index when Russell investments reconstituted its comprehensive set of U.S. and global equity indexes after closing on June 22, 2018.
“Being added to the Russell indexes is a milestone for First Choice, and we are happy to have earned this distinction,” said Robert Franko, President and CEO of First Choice. “Inclusion in these market benchmarks is expected to raise our profile with institutional investors and support trading of our shares.”
Peter Hui, the Chairman of First Choice, stated, “We set ourselves on a path last year to achieve this honor. Our Board and all of our colleagues have worked very diligently to get to this position. From our founding in 2005 until today, we have always strived to do what is best for our shareholders, our clients and our employees.”
The Russell indexes are widely used by investment managers and institutional investors for both index funds and as benchmarks for passive and active investment strategies. In the U.S. marketplace, almost all of the U.S. equity assets are benchmarked by the Russell 3000, representing more than $8.5 trillion. The Company will hold its membership until FTSE Russell reconstitutes its indexes in June 2019. Membership in the Russell indexes remains in place for one year and automatically provides inclusion in the appropriate Russell growth and value style indexes. FTSE Russell determines membership for these indexes primarily by objective, market-capitalization rankings. Continue reading