Santa Cruz County Bank in Calif. Names Chief Lending Officer

Community banking

Lending Fuels Quarterly Results at California's Santa Cruz County Bank

Santa Cruz County Bank of Santa Cruz, Calif., reported higher quarterly profit because of balance sheet growth.

By Chris Cumming

January 22
Community banking

Presidio Bank in California Names Nibbi to Board

Presidio Bank in San Francisco has named Larry Nibbi, a minority owner of the San Francisco Giants, to its board.

By Jacob Passy

August 11

Santa Cruz County Bank in California has named Angelo DeBernardo its chief lending officer.

The $478 million-asset bank promoted DeBernardo to the position Thursday. The chief lending officer position is newly created.

DeBernardo joined Santa Cruz County Bank when it was founded in 2004. He was previously the bank's senior lending officer and he serves on its senior management committee.

DeBernardo previously worked for Heritage Bank of Commerce in San Jose, Calif., and for Pacific Western Bank.

Andy Peters

twitter

MORE FROM AMERICAN BANKER

M&A

Columbia struggled after Umpqua merger. Is the math starting to work?

The combination of two Pacific Northwest banks was supposed to create a regional powerhouse, but rising deposit costs have stung. CEO Clint Stein says he's "laser-focused" on making Columbia a top performer again.

By Polo Rocha

May 3
Diversity and equality

Small banks 'feel like hostages' to their core systems: OCC's Hsu

A set of panels discussing minority depository institutions and digitization found that cost is a significant challenge to minority depository institutions, especially in the core processing space.

By Miriam Cross

May 3
Community banking

Regulators issue guidance to community banks on third-party risks

The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency issued a 30-page guidebook on managing affiliate risks. The report builds on formal guidance issued last year.

By Kyle Campbell

May 3
Artificial intelligence

NIST launches initiatives to enhance AI safety and security

The efforts, which respond to President Biden's October executive order on AI, aim to improve synthetic content detection and improve the trustworthiness of AI models.

By Carter Pape

May 3
Payments

Block CEO Dorsey touts stronger Q1, previews crypto plans

Tighter merchant connections between Square and Cash App helped Block produce stronger-than-expected results during the first quarter, while Jack Dorsey said the firm will launch its first remittance product later this year leveraging decentralized finance.

By Kate Fitzgerald

May 3
M&A

FirstSun to switch regulators due to delays tied to HomeStreet deal

In talks with OCC officials, "it became obvious that we would not gain near-term approval given their recent experience with multifamily and CRE positions," FirstSun CEO Neal Arnold says. The companies announced other revisions to their deal, too.

By John Reosti

May 3