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Santa Cruz County Financial institution Proclaims Opening of Salinas Department

January 13, 2023

Second department in Monterey County, eighth full-service banking workplace

SANTA CRUZ, Calif., Jan. 12, 2023 /PRNewswire/ — Santa Cruz County Financial institution (OTCQX: SCZC), with property over $1.86 billion, is a top-rated group financial institution headquartered in Santa Cruz County. At present the Financial institution introduced the opening of a brand new full-service department in Salinas, California.

Santa Cruz County Bank Opens New Branch in Salinas, CA

The Financial institution’s new department is situated at 480 South Essential Avenue, Salinas, California. Just lately reworked, the brand new department is staffed with a group of well-known Salinas bankers who will serve current purchasers and assist the event of latest relationships within the Salinas Valley and all through Monterey county. In January of 2021, the Financial institution opened its first department inside the county, situated at 584 Munras Avenue in downtown Monterey.

Santa Cruz County Financial institution President and CEO, Krista Snelling, commented, “We’re excited for the chance to serve the Salinas Valley following our profitable growth into Monterey County in 2021. The opening of a second department inside Monterey County permits us to ship our distinctive fashion of relationship-focused banking and to supply our purchasers direct entry to decision-makers. We see nice alternative to develop new relationships and sit up for rising our consumer base within the Salinas Valley.”

Wealthy Aiello, who was employed in 2019 to steer the Financial institution’s Salinas/Monterey area as Senior Vice President and Regional Supervisor, acknowledged, “Our Salinas group is comprised of skilled and highly-skilled bankers who’re very acquainted with the group. Every group member has an extended historical past of serving purchasers within the higher Monterey Bay area, in addition to serving the group at massive. We sit up for welcoming and serving the Salinas Valley group at our eighth full-service banking workplace.“

ABOUT SANTA CRUZ COUNTY BANK

Santa Cruz County Financial institution was based in 2004. It’s a top-rated, locally-owned and operated, full-service group financial institution headquartered in Santa Cruz, California. The Financial institution has branches in Aptos, Capitola, Cupertino, Monterey, Salinas, Santa Cruz, Scotts Valley and Watsonville. Santa Cruz County Financial institution is distinguished from “massive banks” by its relationship-based service, problem-solving focus and direct entry to resolution makers. The Financial institution is a number one SBA lender in Santa Cruz County and Silicon Valley and a prime USDA lender within the state of California. As a full-service financial institution, Santa Cruz County Financial institution gives aggressive deposit and lending options for companies and people; together with enterprise loans, traces of credit score, business actual property financing, development lending, agricultural loans, SBA and USDA authorities assured loans, asset-based lending, bank cards, service provider providers, distant deposit seize, cell and on-line banking, invoice fee and treasury administration. True to its group roots, Santa Cruz County Financial institution has supported regional well-being by actively collaborating in and donating to native not-for-profit organizations.

Santa Cruz County Financial institution inventory is publicly traded on the OTCQX U.S. Premier market below the image SCZC. Inventory buy orders could also be positioned on-line, via a brokerage agency, or via Market Makers listed within the Investor Relations part of the financial institution’s web site. For extra details about Santa Cruz County Financial institution, go to www.sccountybank.com.

This launch could include forward-looking statements which might be topic to dangers and uncertainties. Such dangers and uncertainties could embrace however usually are not essentially restricted to fluctuations in rates of interest, inflation, authorities laws and normal financial circumstances, and competitors inside the enterprise areas wherein the Financial institution is conducting its operations, together with the true property market in California and different components past the Financial institution’s management. Such dangers and uncertainties may trigger outcomes for subsequent interim durations or for your complete 12 months to vary materially from these indicated. Readers shouldn’t place undue reliance on the forward-looking statements, which replicate administration’s view solely as of the date hereof. The Financial institution undertakes no obligation to publicly revise these forward-looking statements to replicate subsequent occasions or circumstances.