Commercial Capital Bancorp, Inc. Announces Bank Subsidiary Adds Directors of Loan Production in Its Income Property Lending Divi
09 Febrero 2006 - 8:05AM
Business Wire
Commercial Capital Bancorp, Inc. (the "Company"), (Nasdaq:CCBI),
announced today that its subsidiary bank, Commercial Capital Bank
(the "Bank"), has hired Mr. Jeff Pineda and Mr. Rod Sherriffs as
Directors of Loan Production within its income property lending
division. Mr. Pineda's lending expertise is focused on financing
commercial real estate and construction loans throughout
California. Mr. Sherriffs' experience is focused on financing
construction and multifamily real estate loans in the South Bay and
Westside areas of Los Angeles. Mr. Pineda joins the Bank from
United Commercial Bank, where during his tenure as a Vice President
of the Commercial Real Estate Group he focused on the origination
of commercial real estate and construction loans. Before joining
United Commercial Bank, Mr. Pineda was with Fremont Bank, where he
served as Commercial Loan and Business Development Officer and
participated on an advisory board, which focused on delivering new
technologies to the Commercial Banking Division. Mr. Pineda holds a
bachelor's degree from University of California, Berkeley. Mr.
Sherriffs brings to the bank 35 years of experience in income
property and residential lending, most recently from William
Gregory Mortgage of Los Angeles, where he was the Manhattan Beach
Branch Manager. Prior to joining William Gregory Mortgage in 1994,
Mr. Sherriffs held similar loan officer positions with several
leading California lenders including Washington Mutual, California
Federal Bank, American Savings and Loan, and Home Savings of
America. Commercial Capital Bancorp, Inc. is a diversified
financial services company with $5.46 billion of total assets, at
December 31, 2005. The Company provides depository and lending
products and services under the Commercial Capital Bank brand name,
and provides 1031 exchange services to income property investors
nationwide under the TIMCOR Exchange Corporation and North American
Exchange Company brand names. This press release may include
forward-looking statements related to the Company's plans, beliefs
and goals, which involve certain risks, and uncertainties that
could cause actual results to differ materially from those in the
forward-looking statements. Such risks and uncertainties include,
but are not limited to, the following factors: competitive pressure
in the banking industry; changes in the interest rate environment;
the health of the economy, either nationally or regionally; the
deterioration of credit quality, which would cause an increase in
the provision for possible loan and lease losses; changes in the
regulatory environment; changes in business conditions,
particularly in California real estate; volatility of rate
sensitive deposits; asset/liability matching risks and liquidity
risks; and changes in the securities markets. The Company
undertakes no obligation to revise or publicly release any revision
to these forward-looking statements.
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