Bank holding company providing banking and financial services through its subsidiary, California Bank of Commerce.
California BanCorp serves as the bank holding company for California Bank of Commerce, specializing in providing robust commercial banking services throughout California. Established in 2007 and headquartered in Oakland, California, the corporation offers a wide range of deposit products, including commercial checking, savings, money market accounts, and certificates of deposit. Beyond traditional deposit services, California BanCorp excels in providing comprehensive lending solutions tailored to various industries and sectors.
The corporation's lending portfolio encompasses asset-based lending, standby letters of credit, construction and development loans, commercial real estate loans, and small business administration (SBA) loans such as SBA 7(a) and SBA 504 loans. Additionally, California BanCorp offers consumer loans, including secured and unsecured installment loans, revolving lines of credit, and commercial and industrial loans designed to support the needs of diverse clientele, including dental and veterinary industries, contractors, and emerging companies. The corporation also provides essential financial services such as foreign exchange, treasury and cash management, and robust online and mobile banking platforms.
While California BanCorp currently focuses on traditional banking services, its strategic positioning and commitment to innovation make it well-suited to explore emerging trends such as cryptocurrency and blockchain technology. As the financial landscape evolves, California BanCorp remains dedicated to leveraging its expertise and expanding its service offerings to meet the dynamic needs of businesses and individuals across California. By maintaining a customer-centric approach and fostering long-term relationships, California BanCorp continues to play a pivotal role in driving economic growth and prosperity in the communities it serves.