CalPrivate Bank Announces Expansion Into Santa Barbara County, Ca.
CalPrivate Bank (OTCQX:PBAM) has announced its expansion into Santa Barbara County with a new office in Montecito. The expansion is led by George Leis, appointed as Executive Vice President & Market President, bringing over 20 years of local banking experience including leadership roles at Santa Barbara Bank and Trust and Montecito Bank and Trust.
The new Upper Village Montecito office will be staffed by an experienced team including Dan Glaeser and Sarah McLelland leading Relationship Management, and Emily Strawn overseeing operations. The expansion aligns with CalPrivate's focus on relationship banking, emphasizing creative, high-touch, and customized solutions for clients.
CalPrivate Bank (OTCQX:PBAM) ha annunciato la sua espansione nella contea di Santa Barbara con una nuova filiale a Montecito. L'espansione è guidata da George Leis, nominato Vicepresidente Esecutivo e Presidente di Mercato, che vanta oltre 20 anni di esperienza nel settore bancario locale, con ruoli di leadership presso Santa Barbara Bank and Trust e Montecito Bank and Trust.
La nuova filiale Upper Village Montecito sarà composta da un team esperto, tra cui Dan Glaeser e Sarah McLelland a capo della Gestione delle Relazioni, e Emily Strawn responsabile delle operazioni. Questa espansione si allinea con l'approccio di CalPrivate basato sulla banca relazionale, puntando su soluzioni creative, personalizzate e di alta qualità per i clienti.
CalPrivate Bank (OTCQX:PBAM) ha anunciado su expansión en el condado de Santa Bárbara con una nueva oficina en Montecito. La expansión está liderada por George Leis, nombrado Vicepresidente Ejecutivo y Presidente de Mercado, con más de 20 años de experiencia bancaria local, incluyendo cargos de liderazgo en Santa Barbara Bank and Trust y Montecito Bank and Trust.
La nueva oficina Upper Village Montecito contará con un equipo experimentado, incluyendo a Dan Glaeser y Sarah McLelland al frente de la Gestión de Relaciones, y Emily Strawn supervisando las operaciones. Esta expansión está en línea con el enfoque de CalPrivate en la banca relacional, destacando soluciones creativas, personalizadas y de alto contacto para los clientes.
CalPrivate Bank (OTCQX:PBAM)는 몬테시토에 새로운 지점을 열며 산타바버라 카운티로 사업을 확장한다고 발표했습니다. 이번 확장은 George Leis가 이끌며, 그는 산타바버라 뱅크 앤드 트러스트와 몬테시토 뱅크 앤드 트러스트에서 리더십 역할을 수행한 20년 이상의 지역 은행 경력을 보유한 집행 부사장 겸 마켓 프레지던트로 임명되었습니다.
새로운 Upper Village Montecito 지점은 관계 관리 책임자인 Dan Glaeser와 Sarah McLelland, 운영을 총괄하는 Emily Strawn 등 경험 많은 팀이 운영합니다. 이번 확장은 고객 맞춤형의 창의적이고 세심한 관계형 뱅킹에 중점을 둔 CalPrivate의 전략과 일치합니다.
CalPrivate Bank (OTCQX:PBAM) a annoncé son expansion dans le comté de Santa Barbara avec une nouvelle agence à Montecito. Cette expansion est dirigée par George Leis, nommé Vice-Président Exécutif et Président de Marché, fort de plus de 20 ans d'expérience bancaire locale, incluant des postes de direction chez Santa Barbara Bank and Trust et Montecito Bank and Trust.
La nouvelle agence Upper Village Montecito sera composée d'une équipe expérimentée, comprenant Dan Glaeser et Sarah McLelland à la gestion des relations, et Emily Strawn en charge des opérations. Cette expansion s'inscrit dans la stratégie de CalPrivate axée sur la banque relationnelle, mettant l'accent sur des solutions créatives, personnalisées et de haute qualité pour les clients.
CalPrivate Bank (OTCQX:PBAM) hat seine Expansion in den Santa Barbara County mit einer neuen Niederlassung in Montecito bekanntgegeben. Die Expansion wird von George Leis geleitet, der als Executive Vice President & Market President ernannt wurde und über 20 Jahre lokale Bankerfahrung verfügt, darunter Führungspositionen bei der Santa Barbara Bank and Trust sowie der Montecito Bank and Trust.
Die neue Upper Village Montecito Niederlassung wird von einem erfahrenen Team betreut, darunter Dan Glaeser und Sarah McLelland in der Kundenbetreuung sowie Emily Strawn in der Betriebsleitung. Die Expansion entspricht CalPrivates Fokus auf Beziehungsbanking mit kreativen, persönlichen und maßgeschneiderten Lösungen für Kunden.
- Strategic expansion into affluent Santa Barbara County market
- Recruitment of experienced local banking team with established client relationships
- Addition of veteran banker George Leis with 20+ years of local market experience
- None.
LA JOLLA, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (OTCQX:PBAM) (“Company”) and CalPrivate Bank (“Bank”) announced today the addition of a Montecito Office led by veteran banker, George Leis who will serve as Executive Vice President & Market President.
George Leis has been a long-standing admired member of the Santa Barbara community. George’s banking career spans more than 20 years in Santa Barbara County, including as President and CEO of both Santa Barbara Bank and Trust and Montecito Bank and Trust.
The extensive, trusting client relationships George has built over his career speak volumes to his dedication to provide extraordinary service and solutions to his clients, while his commitment to the local community is evident in his serving on numerous non-profit boards, including Channel Islands YMCA, California State University, Northridge, National Disaster Search Dog Foundation, Santa Barbara Historic Museum, Santa Barbara Humane Society, and as Chair of the National Board of the YMCA of the USA.
Joining Mr. Leis in the new Upper Village Montecito office is a team of highly experienced, dynamic local private bankers. Dan Glaeser and Sarah McLelland will lead the Relationship Management team, while Emily Strawn will oversee operations for the new office.
Rick Sowers, President and Chief Executive Officer of the Company and Bank stated, “We are thrilled to have such seasoned and respected individuals join the CalPrivate Team. Having known George for years and having served alongside him on the Board of Directors for the California Bankers Association, I know George to be a person of great character, with strong leadership qualities and an unwavering commitment to the greater Santa Barbara community. His approach to relationship banking is exactly what we provide at Cal Private Bank, and we couldn’t be more pleased to partner with him and this great group of bankers.”
“I am honored to be joining the CalPrivate Team, who bring creative, high touch, timely, customized solutions to their clients,” said Mr. Leis. “The core values of Relationships, Solutions and Trust align directly with the needs of our Santa Barbara Community and I’m eager to bring these unique services to our Clients to meet their personal needs and help them grow their organizations.”
Paul Azzi, Chief Banking Officer of CalPrivate Bank added, “The passion George and his team have for building strong, long-standing Client relationships and supporting their community is a perfect match for our Client-centric, Solution-driven approach. Together, we’re ecstatic to make a real difference and deliver exceptional client results in the greater Santa Barbara community.”
About Private Bancorp of America, Inc.
Private Bancorp of America, Inc. (OTCQX: PBAM) PBAM is the holding company for CalPrivate Bank, which operates offices in Coronado, San Diego, La Jolla, Newport Beach, El Segundo, Beverly Hills, and soon Montecito, as well as through efficient digital banking services. CalPrivate Bank is driven by its core values of building client Relationships based on superior client Solutions, unparalleled Service, and mutual Trust. The Bank caters to high-net-worth individuals, professionals, closely held businesses, and real estate entrepreneurs, delivering a Distinctly Different™ personalized banking experience while leveraging cutting-edge technology to enhance our clients’ evolving needs. CalPrivate Bank is in the top tier of customer service survey ratings in the nation, scoring almost three times higher than the median domestic bank. The Bank offers comprehensive deposit and treasury services, rapid and creative loan options including various portfolio and government-guaranteed lending programs, cross border banking, and innovative, unique technologies that drive enhanced client performance. CalPrivate Bank has been recognized by Bank Director's RankingBanking® as the 10th best bank in the country and the #1 bank in its asset class for both return on assets (ROA) and return on equity (ROE). CalPrivate Bank was also ranked in the top
Learn more at www.calprivate.bank.
Investor Relations Contact
Rick Sowers
President and CEO
Private Bancorp of America, Inc.
(424) 303-4894
Safe Harbor Paragraph
This press release contains expressions of expectations, both implied and explicit, that are “forward-looking statements” within the meaning of such term in the Private Securities Litigation Reform Act of 1995. We caution you that a number of important factors could cause actual results to differ materially from those in the forward-looking statements, especially given the current turmoil in the banking and financial markets. These factors include the effects of depositors withdrawing funds unexpectedly, counterparties being unable to provide liquidity sources that we believe should be available, loan losses, economic conditions and competition in the geographic and business areas in which Private Bancorp of America, Inc. operates, including competition in lending and deposit acquisition, the unpredictability of fee income from participation in SBA loan programs, the effects of bank failures, liquidations and mergers in our markets and nationally, our ability to successfully integrate and develop business through the addition of new personnel, whether our efforts to expand loan, product and service offerings will prove profitable, system failures and data security, whether we can effectively secure and implement new technology solutions, inflation, fluctuations in interest rates, legislation and governmental regulation. You should not place undue reliance on forward-looking statements, and we undertake no obligation to update those statements whether as a result of changes in underlying factors, new information, future events or otherwise. These factors could cause actual results to differ materially from what we anticipate or project. You should not place undue reliance on any such forward-looking statement, which speaks only as of the date on which it was made. Although we, in good faith, believe the assumptions and bases supporting our forward-looking statements to be reasonable there can be no assurance that those assumptions and bases will prove accurate.
FAQ
What is CalPrivate Bank's (PBAM) expansion strategy in Santa Barbara County?
Who is leading PBAM's new Montecito office operations?
What banking experience does George Leis bring to PBAM's Montecito office?
What services will PBAM's new Montecito office provide?
