Security Bank of California Opens Palm Desert Loan Production Office

Updated

Security Bank of California Opens Palm Desert Loan Production Office

RIVERSIDE, Calif.--(BUSINESS WIRE)-- Security Bank of California, the wholly-owned subsidiary of Security California Bancorp (OTCBB:SCAF), announced today the opening of a new loan production office at the corner of Fred Waring Drive and Washington Street in the heart of Palm Desert.

Jerry Nantell, a veteran Coachella Valley Banker, is senior vice president and regional manager for the Coachella Valley Region. He is joined by Vice Presidents Marci Spearman, branch manager; Tom Viscounty, business development; Ryan Moore, underwriter, as well as by Joann Dangwillo, loan administrative assistant.


"We are very excited to expand into this vibrant market," said James A. Robinson, chairman and chief executive officer. "This new location will allow us to deliver our relationship-focused business banking model into the Coachella Valley, which is a key economic driver of Riverside County. Jerry and his team possess not only strong business banking skills but also a keen sense of the community based on their local knowledge and community involvement."

Before starting his desert banking career 15 years ago, Nantell was vice president of worldwide sales for a Midwestern manufacturing company and ran a business consulting firm specializing in various kinds of management training.

He has been active in the Desert Contractors Association, the Desert Valley Builders Association, the Coachella Valley Economic Partnership as well as the Palm Desert, La Quinta and Indio chambers of commerce. He is chairman of the board of Destiny Church.

"Our team remains committed to this market and we are pleased to bring a community-based approach to banking to the Valley," he said.

The office address is 78-000 Fred Waring Drive Suite 103, Palm Desert, California 92211. The phone number is (760) 345-3880.

Security Bank of California provides a full range of financial services, including credit and deposit products, cash management and online banking for businesses and their owners. The bank operates branches in Riverside, San Bernardino, Redlands and Orange, and loan production offices in Irwindale as well as Palm Desert. Information on products and services may be obtained by calling (951) 368-BANK (2265) or visiting the Bank's website at: www.securitybankca.com.

Security California Bancorp
Security Bank of California

Forward Looking Statement Disclaimer -
General Form

This release may contain forward-looking statements that are subject to risks and uncertainties. Such risks and uncertainties may include but are not necessarily limited to fluctuations in interest rates, inflation, government regulations and general economic conditions, and competition within the business areas in which the Bank is conducting its operations, including the real estate market in California and other factors beyond the Bank's control. Such risks and uncertainties could cause results for subsequent interim periods or for the entire year to differ materially from those indicated. Readers should not place undue reliance on the forward-looking statements, which reflect management's view only as of the date hereof. The Bank undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.



Security Bank of California
Marcia McQuern
(951) 369-1376
mcquern@charter.net

KEYWORDS: United States North America California

INDUSTRY KEYWORDS:

The article Security Bank of California Opens Palm Desert Loan Production Office originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Advertisement