California Republic Bank (CRPB)
has announced the opening of its new regional headquarters at 100
North Crescent Drive, Suite 125, in Beverly Hills, on the prominent
corner of Wilshire and Crescent. The new office will serve the West
Los Angeles region and is located conveniently near the city’s famed
golden triangle area. The main telephone line is (424) 230-5400.
“The opening of our new regional headquarters in Beverly Hills
marks another important milestone in the growth of the bank, and is
a reflection of our continued success,” said Robert Bulseco, the bank’s
CEO. Bulseco said that depositors could put their trust in the strength
and security of the bank, which has some of the highest capital and
liquidity ratios in the nation.
California Republic Bank is a full-service commercial bank that
provides business and private banking products and services, including
business and real estate lines of credit, bridge and term loans,
corporate debit and credit cards, and a full suite of state-of-the-art
cash management tools.
Since inception, the bank’s loan portfolio has been very strong
with no past dues, no non-performing loans and no charge-offs.
About California Republic Bank:
California Republic Bank is a full service commercial bank,
serving the needs of customers throughout Southern California. Our
clients enjoy the service of a private bank, with the lending expertise
of a commercial and real estate bank, all in one. We offer a full suite
of credit, cash management and depository services, delivered with the
highest quality technology and people available in the marketplace.
The bank's board of directors is comprised of inside directors
Robert Bulseco, CEO; John DeCero, Vice Chairman of the Board; and Jon
Wilcox, President & COO. Outside board members include Robert Barth,
Chairman of the Board, Patrick Allen, former President and COO of Roth
Capital Partners; John Bendheim, President of Bendheim Homes and Bendheim
Enterprises, Inc.; Alexander Cappello, Chairman and CEO of Cappello Capital
Group; John Hagestad, a Managing Partner of SARES-REGIS Group; and J.
Scott Watt, President/CEO of the Watt Group of Companies.
For more information, contact the bank at 949-270-9700 (Newport Beach)
or (424) 230-5400 (Beverly Hills) or visit our website at: www.crbnk.com.
The bank’s headquarters is located at 1400 Newport Center Drive, Suite 150,
Newport Beach, California.
Certain matters discussed in this press release constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, and are subject to the safe harbors created
by the act. These forward-looking statements refer to the Company's current
expectations regarding future operating results, and growth in loans,
deposits, and assets. These forward-looking statements are subject to
certain risks and uncertainties that could cause the actual results,
performance, or achievements to differ materially from those expressed,
suggested, or implied by the forward-looking statements. These risks and
uncertainties include, but are not limited to (1) the impact of changes in
interest rates, a decline in economic conditions, and increased competition
by financial service providers on the Company's results of operation; (2)
the Company's ability to continue its internal growth rate; (3) the Company's
ability to build net interest spread; (4) the quality of the Company's earning
assets; and (5) governmental regulations.