West Coast Community Bancorp and Santa Cruz County Bank Announce Board of Directors Changes
West Coast Community Bancorp (OTCQX: SCZC), parent company of Santa Cruz County Bank, announced significant changes to its Board of Directors. Thomas N. Griffin, a founding director, retired effective September 30, 2024, after over 20 years of service. During his tenure, the bank's assets grew from $13.2 million to $1.8 billion. Wayne Doiguchi, with over 40 years of Bay Area banking experience, has been appointed as a new director.
Key milestones during Griffin's service included the merger with Lighthouse Bank in 2019, expansion into Monterey County and Silicon Valley, and the recent merger with 1st Capital Bancorp. Doiguchi, formerly a director at California Bank of Commerce and CEO of Pan Pacific Bank, brings extensive commercial banking expertise to assist in developing the organization into a premier California banking franchise.
West Coast Community Bancorp (OTCQX: SCZC), la società madre di Santa Cruz County Bank, ha annunciato significativi cambiamenti nel suo Consiglio di Amministrazione. Thomas N. Griffin, un direttore fondatore, si è ritirato con effetto dal 30 settembre 2024, dopo oltre 20 anni di servizio. Durante il suo incarico, gli attivi della banca sono cresciuti da 13,2 milioni di dollari a 1,8 miliardi di dollari. Wayne Doiguchi, con oltre 40 anni di esperienza bancaria nell'area della Baia, è stato nominato nuovo direttore.
I traguardi principali durante il servizio di Griffin hanno incluso la fusione con Lighthouse Bank nel 2019, l'espansione nella Contea di Monterey e nella Silicon Valley, e la recente fusione con 1st Capital Bancorp. Doiguchi, già direttore presso California Bank of Commerce e CEO di Pan Pacific Bank, porta con sé una vasta esperienza nella banca commerciale per aiutare a sviluppare l'organizzazione in una delle principali franchigie bancarie della California.
West Coast Community Bancorp (OTCQX: SCZC), la empresa matriz de Santa Cruz County Bank, anunció cambios significativos en su Junta Directiva. Thomas N. Griffin, un director fundador, se retiró a partir del 30 de septiembre de 2024, tras más de 20 años de servicio. Durante su mandato, los activos del banco crecieron de 13,2 millones de dólares a 1,8 mil millones de dólares. Wayne Doiguchi, con más de 40 años de experiencia bancaria en el área de la Bahía, ha sido nombrado nuevo director.
Los hitos clave durante el servicio de Griffin incluyeron la fusión con Lighthouse Bank en 2019, la expansión en el Condado de Monterey y Silicon Valley, y la reciente fusión con 1st Capital Bancorp. Doiguchi, quien fue director en California Bank of Commerce y CEO de Pan Pacific Bank, aporta una amplia experiencia en banca comercial para ayudar a desarrollar la organización en una destacada franquicia bancaria de California.
West Coast Community Bancorp (OTCQX: SCZC), Santa Cruz County Bank의 모회사, 이사회에 중대한 변화를 발표했습니다. Thomas N. Griffin, 창립 이사 중 한 명이자 20년 이상의 봉사 후 2024년 9월 30일부로 은퇴했습니다. 재직 기간 동안 은행의 자산은 1,320만 달러에서 18억 달러로 성장했습니다. Wayne Doiguchi는 베이 에어리 지역에서 40년 이상의 은행 경력을 보유하고 있는 새 이사로 임명되었습니다.
Griffin의 재직 중 주요 이정표로는 2019년 Lighthouse Bank와의 합병, Monterey County와 Silicon Valley로의 확장, 그리고 최근 1st Capital Bancorp와의 합병이 있었습니다. Doiguchi는 California Bank of Commerce의 이사와 Pan Pacific Bank의 CEO를 역임했으며, 조직을 프리미엄 캘리포니아 은행 프랜차이즈로 발전시키기 위한 상업 은행 전문 지식을 제공합니다.
West Coast Community Bancorp (OTCQX: SCZC), la société mère de Santa Cruz County Bank, a annoncé des changements significatifs au sein de son Conseil d'Administration. Thomas N. Griffin, un directeur fondateur, a pris sa retraite à compter du 30 septembre 2024, après plus de 20 ans de service. Pendant son mandat, les actifs de la banque ont crû de 13,2 millions de dollars à 1,8 milliard de dollars. Wayne Doiguchi, fort de plus de 40 ans d'expérience bancaire dans la région de la Baie, a été nommé nouveau directeur.
Parmi les étapes clés pendant le mandat de Griffin, on note la fusion avec la Lighthouse Bank en 2019, l'expansion dans le comté de Monterey et la Silicon Valley, ainsi que la récente fusion avec 1st Capital Bancorp. Doiguchi, ancien directeur de California Bank of Commerce et PDG de Pan Pacific Bank, apporte une vaste expertise en matière de banque commerciale pour aider à développer l'organisation en une franchise bancaire californienne de premier plan.
West Coast Community Bancorp (OTCQX: SCZC), die Muttergesellschaft der Santa Cruz County Bank, hat bedeutende Änderungen im Vorstand bekannt gegeben. Thomas N. Griffin, ein Gründungsdirektor, trat zum 30. September 2024 zurück, nachdem er über 20 Jahre lang gedient hatte. Während seiner Amtszeit wuchs das Vermögen der Bank von 13,2 Millionen Dollar auf 1,8 Milliarden Dollar. Wayne Doiguchi, der über 40 Jahre Erfahrung im Bankwesen im Bay Area hat, wurde als neuer Direktor ernannt.
Wichtige Meilensteine während Griffins Dienstzeit umfassten die Fusion mit der Lighthouse Bank im Jahr 2019, die Expansion in den Monterey County und die Silicon Valley sowie die kürzliche Fusion mit 1st Capital Bancorp. Doiguchi, früher Direktor bei der California Bank of Commerce und CEO der Pan Pacific Bank, bringt umfangreiche Erfahrung im Kommerziellen Bankwesen mit, um die Organisation zu einer erstklassigen kalifornischen Bankfranchise zu entwickeln.
- Assets grew from $13.2 million to $1.8 billion during Griffin's tenure
- Successful merger with Lighthouse Bank in 2019
- Recent merger with 1st Capital Bancorp closed on October 1, 2024
- Appointment of Wayne Doiguchi brings 40+ years of Bay Area banking experience to the board
- Retirement of founding director Thomas N. Griffin may result in loss of institutional knowledge
Retirement of Founding Director Thomas N. Griffin
Appointment of Wayne Doiguchi as Director
Mr. Griffin was instrumental in the pre-organization phase (de novo) of the Bank, which included the formation and submission of the application and business plan to regulators, initial public capital offering and business development. During Mr. Griffin's board tenure, assets grew, from
Mr. Doiguchi has more than 40 years of experience in the Bay Area banking industry, most recently as director of California Bank of Commerce. Previously, he was a founding board member and later Chairman and CEO of Pan Pacific Bank. He holds a master of business administration degree from
"On behalf of the entire board, I applaud Tom's more than 20 years of service to Santa Cruz County Bank, his legacy as one of the of the last original directors and being responsible for the great institution it has become; and offer a hearty welcome to Wayne, whose decades of high level commercial banking throughout the Bay Area will assist in further developing our organization into one of the premier banking franchises in
"It has been a wonderful experience to have been part of Santa Cruz County Bank's over 20-year history. I have been privileged to serve with three excellent board chairmen - George Gallucci, William J. Hansen and Stephen Pahl - and equally exceptional CEOs - David Heald and Krista Snelling. The Bank has an incredibly strong management team who are capable of continuing the financial success of the Bank for the foreseeable future. I give my best regards to all of the employees and entire team in the future," stated Thomas N. Griffin.
"It is an honor to join the boards of an institution that I have long followed and admired for its exceptional industry standings, outstanding leadership and strong reputation as a well-run banking institution. I look forward to contributing to the next level of growth and identifying opportunities to build new business and partnerships throughout our recently expanded territory along the Central Coast," said Wayne Doiguchi.
ABOUT
Founded in 2004, Santa Cruz County Bank is the wholly owned subsidiary of West Coast Community Bancorp, a bank holding company. The Bank is a top-rated, locally operated and full-service community bank headquartered in
Forward-Looking Statements
This release may contain forward-looking statements that are subject to risks and uncertainties. Such risks and uncertainties may include but are not necessarily limited to fluctuations in interest rates (including but not limited to changes in depositor behavior in relation thereto), inflation, government regulations and general economic conditions, and competition within the business areas in which the Bank is conducting its operations, health of the real estate market in California, Bancorp's ability to effectively execute its business plans, and other factors beyond Bancorp and the Bank's control. Such risks and uncertainties could cause results for subsequent interim periods or for the entire year to differ materially from those indicated. Readers should not place undue reliance on the forward-looking statements, which reflect management's view only as of the date hereof. Bancorp undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.
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SOURCE West Coast Community Bancorp
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