IRVINE, CALIF. (January 23, 2023) – Commercial Bank of California (CBC), a BauerFinancial Four-Star Excellent Bank, was been named to the Best Places to Work SoCal 2022 list by Best Companies Group, a BridgeTower Media Company. CBC was recognized and selected based on responses from a detailed and comprehensive survey of its employees.
Best Companies Group’s annual award program identifies and honors the best places to work in Southern California. The ranking is based on an anonymous employee survey and an analysis of their responses about corporate culture, training and development, salary and benefits, and overall employee satisfaction.
“We have been very thoughtful about our culture and about our people. We believe the most successful companies have cohesive values throughout and rely on transparency and alignment of culture,” said Ash Patel, president, CEO & chairman of the board. “Our leadership team is committed to empowering employees to express their talents, take ownership of projects and share ideas with one another. We are honored to be recognized as one of Southern California’s best places to work, and we are thrilled to continue to grow and evolve together.”
Mr. Patel joined CBC in 2013 with a focus on human capital investments to inspire staff and clients to join his mission of increasing Life Wealth for all bank stakeholders. The initiative has yielded the formation of a top-notch banking team, a streamlined client experience and an overall successful turnaround of the bank, which became a privately held billion-dollar bank in 2020 when Ash and team achieved their “PJ2B” initiative (Purposeful Journal to a Billion Dollar Bank).
Under Patel’s leadership, CBC has shown significant growth from approximately $200 million in assets in 2013, to nearly $2.0 billion as of September 30, 2022. This growth was accomplished through the acquisition of National Bank of California, VeriCheck and ACHWorks, by operating in line with CBC’s Life Wealth values to organically grow its client base, and by scaling its lending business to support the increased need for small business loans amid the COVID-19 pandemic.
“Southern California is known for innovation, and the companies that made our Best Places to Work SoCal list take a forward-looking approach to create workplaces of excellence,” said Jaime Raul Zepeda, executive vice president of Best Companies Group. “Our research proves CBC is committed to developing a highly-engaged and valued workforce. Congratulations to all of this year’s Best Places to Work SoCal winners.”
For the complete list of the Great Employers to Work for in SoCal 2022, please visit the Best Companies Group website.
Commercial Bank of California is a full-service bank and diversified financial services company serving the business and professional communities of Los Angeles and Orange counties. Recognized as a BauerFinancial, Inc. “Four-Star Excellent Bank” for its financial strength and stability, CBC provides the financial expertise of a major bank while maintaining a commitment to personalized service for every CBC client. More information about CBC’s custom solutions for your business is available at www.cbcal.com.