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Sierra Vista in Folsom, Calif., is the kind of bank typically marked for extinction. But it has raised enough equity to try to make itself into a buyer, or a more appealing takeover target.
December 19 -
Q2ebanking, an Austin virtual banking provider, will power Portland bank Umpqua's digital channels.
July 15
The chief executive of Golden Pacific Bancorp in Sacramento has left the company.
Kirk Dowdell, who was also a co-founder of the $136 million-asset company, stepped down to return to his own financial services consulting group as president and CEO, Golden Pacific announced in a
Roy Malone, Golden Pacific's president, is acting as interim CEO.
Dowdell served as Golden Pacific's CEO since its founding in 2007, according to his
"Golden Pacific is well positioned to become a transformative force in the community banking sector," Dowdell said in a statement. "While I'm transitioning to the next step in my career, I will remain a fan and shareholder of Golden Pacific."
Golden Pacific acquired Gold County Bank in Marysville, Calif., in May 2010 after its attempts to charter a new bank were unsuccessful. The bank has seven branches throughout California.
The Gold County acquisition was supposed to be the first of many deals,