STOCK TITAN

Bank of Southern California Names Christopher D. Maggio Senior Vice President, Credit Team Manager

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Bank of Southern California (OTC Pink: BCAL) has appointed Christopher D. Maggio as Senior Vice President, Credit Team Manager. This new role focuses on the credit process and overall quality of the loan portfolio in the San Diego and Coachella Valley regions. Maggio brings 38 years of commercial finance expertise, previously serving as Senior Vice President, Senior Credit Administrator at American Business Bank. According to CEO Nathan Rogge, Maggio's extensive experience will significantly support the bank's transition to a commercial banking model.

Positive
  • Appointment of Christopher D. Maggio as Senior Vice President to enhance credit management.
  • Maggio brings 38 years of commercial finance experience, potentially improving credit quality.
Negative
  • None.

Bank of Southern California, N.A. (OTC Pink: BCAL), a commercial bank headquartered in San Diego, announced today the appointment of Christopher D. Maggio as Senior Vice President, Credit Team Manager. In this newly created position, he will be responsible for the credit process and overall credit quality of the San Diego and Coachella Valley loan portfolio, while ensuring the delivery of superior service to clients in the region. Mr. Maggio will be based out of the Bank’s San Diego Regional Commercial Banking Office.

A proven leader with an established track record of success, Mr. Maggio brings 38 years of commercial finance experience as a specialist, team leader, and motivator. Most recently, he served as Senior Vice President, Senior Credit Administrator for American Business Bank where he provided commercial credit underwriting and structure support to the Los Angeles region in addition to providing credit support bank-wide.

Mr. Maggio is a graduate of Fullerton College and the Pacific Coast Banking School at the University of Washington.

“The addition of an experienced credit team manager to support Bank of Southern California’s San Diego and Coachella Valley commercial banking teams is an important step as we move towards adopting a commercial banking model,” said Nathan Rogge, President and Chief Executive Officer of Bank of Southern California. “Chris’s depth of experience and long history of strong leadership in prior roles with several well-known local banks will be instrumental and we are excited to welcome him to the team,” concluded Rogge.

About Bank of Southern California

A growing commercial bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, CA, is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank’s solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates branches in San Diego County, Los Angeles County, Orange County, San Bernardino County, and the Coachella Valley in Riverside County. For more information, please visit banksocal.com or call 844.BNK.SOCAL.

FAQ

Who is Christopher D. Maggio?

Christopher D. Maggio is the newly appointed Senior Vice President and Credit Team Manager at Bank of Southern California.

What is the role of the new Senior Vice President at Bank of Southern California?

He will manage the credit process and ensure the quality of the loan portfolio in the San Diego and Coachella Valley regions.

When was Christopher D. Maggio appointed at Bank of Southern California?

The appointment was announced on May 24, 2021.

What experience does Christopher D. Maggio bring to Bank of Southern California?

He has 38 years of experience in commercial finance and previously held a senior position at American Business Bank.

What impact will Maggio's appointment have on Bank of Southern California?

His extensive background in credit management is expected to support the bank's transition to a commercial banking model.

California BanCorp

NASDAQ:BCAL

BCAL Rankings

BCAL Latest News

BCAL Stock Data

527.83M
24.53M
16.49%
62.24%
1.14%
Banks - Regional
National Commercial Banks
Link
United States of America
SAN DIEGO