California's SierraWest Bancorp wants to buy and then securitize $50 million in Small Business Administration loans from other community banks.

SierraWest president William Fike said that early next year the Truckee- based bank plans to securitize long-term real estate and equipment loans made through the SBA's 504 program.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.