May 31, 2023
Why Your Money Could Be Safer in a Community Bank
When it comes to banking, not all financial institutions are created equal. A community bank is a financial institution serving a specific geographic area or community. They are locally owned and operated, and provide services tailored to the local community’s needs, like personal and business banking, loans, mortgages and investment services. Community banks offer several advantages compared to larger national or international banks. Here are a few reasons why some individuals may consider community banks to be better.
May 25, 2023
Commercial Bank of California Reports Continued Growth and Solid Liquidity and Revenue in First Quarter of 2023
Highlights Include: IRVINE, CALIF. (May 25, 2023) – Commercial Bank of California (“CBC” or “Bank”), a BauerFinancial Four-Star Excellent Bank, today reported net income of $2.9 million for the first quarter of 2023, a decline from the $3.5 million earned in the first quarter of 2022. Reflecting the increase in earning assets compared to the […]
May 1, 2023
Bank Stability Update
Ash Patel, Chairman, President & CEO of CBC explains what happened with these two banks and their closures, and how CBC is positioned differently for strength and longevity as a private bank.