California BanCorp, the holding company for California Bank of Commerce, is making a move into the Sacramento market, focusing on full-service commercial banking for mid-market businesses. Scott Myers is joining the CBC C-suite as senior executive vice president and chief lending officer to lead growth in the market.
Myers is a veteran banker with more than 15 years of experience in the Sacramento area. He most recently served as Wells Fargo senior vice president and region manager.
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CBC has nearly 12 years of experience adding value to middle market companies with $20 to $200 million in revenue. It provides customized, solutions-based banking services to manufacturers, distributors and wholesalers, contractors, and the professional service companies that support them. It sees Sacramento as a vibrant economy with unmet banking needs in its niche. Local operations begin May 1.
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“We have long had a desire to grow the Bank in Sacramento, said Steve Shelton, president and CEO of California Bank of Commerce. “We needed the key ingredient: access to talented bankers. We found that in Scott Myers and his team.”
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Added Myers, “As a Sacramento native, I see the opportunity for community business banking as three-fold: banking in the community, investing in the community and making decisions in the community. The foundation of success is relationships – it takes quality people.”
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Local veteran bankers Chris Barr and Roger Godfrey will also join the Sacramento team. CBC plans to build out a full-service local office over the next few months.
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Sacramento joins California Bank of Commerce’s other offices in Oakland, Walnut Creek, Lafayette, Fremont and San Jose.
