California Bank of Commerce Expands into Walnut Cr

LAFAYETTE, Calif., July 13, 2017 (GLOBE NEWSWIRE) -- California BanCorp (OTCQX:CALB), formerly California Bank of Commerce (OTCQX:CABC), the holding company of San Francisco Bay Area California Bank of Commerce, today announced the opening of a loan production office in Walnut Creek, CA making this the sixth office location in the San Francisco Bay.

“We are excited about expanding our footprint in the East Bay market to three offices to meet the growing demand of businesses in that area,” said Stephen A. Cortese, Chairman of the Board.  “Our new loan production office, located in the Contra Costa Centre at 2999 Oak Road, will be the home base for our Walnut Creek banking team under the leadership of Michele Wirfel.

“Michele Wirfel, East Bay Market President, is one of the founding executives of our Bank. Her experienced team of business bankers understand the local market and can help businesses with their financial needs,” said Terry A. Peterson, President and CEO.  “As we continue to expand our footprint in the San Francisco Bay Area, we are well positioned to provide superior banking services to middle market businesses.”

About California BanCorp, formerly California Bank of Commerce California BanCorp is the parent of California Bank of Commerce and offers a broad range of commercial banking services to closely held businesses and professionals located throughout the San Francisco Bay Area. The stock trades on the OTCQX marketplace under the symbol CALB, formerly CABC. For more information on California BanCorp, call us at (510) 457-3751, or visit us at www.californiabankofcommerce.com . 

Contact California BanCorp Terry A. Peterson, (510) 457-3751 President and CEO tpeterson@bankcbc.com Randall D. Greenfield, (510) 457-3769 EVP and Chief Financial Officer rgreenfield@bankcbc.com