SANTA CRUZ, Calif.,
Aug. 22, 2014 /PRNewswire/ -- Santa
Cruz County Bank (OTCQB: SCZC), a locally owned and operated
full-service community bank headquartered in Santa Cruz County, announced today its
ranking as the fourth largest provider of SBA 7(a)loans in
the San Francisco District out of
a total of 83 lenders. The data was released by the U.S. Small
Business Administration (SBA) San
Francisco District for the third quarter of its 2014 fiscal
year, which includes the nine months from October 1, 2013 to June
30, 2014.
Santa Cruz County Bank's SBA Department Manager, Susan Chandler, commented, "For a relatively
small community bank, our lending volume confirms our commitment to
supporting small businesses. Our SBA team has built a positive
reputation in the marketplace, which has resulted in repeat
business from satisfied customers and continuous referrals from
brokers, developers and our partners in government guaranteed
programs."
Santa Cruz County Bank ranks 33rd out of 194 SBA 7(a)
and 504 lenders in the state of California for the nine month period from
October 1, 2013 to June 30, 2014.
ABOUT SANTA CRUZ COUNTY
BANK
Santa Cruz County Bank, founded in 2004, is a locally
owned and operated community bank with offices located in
Aptos, Capitola, Santa
Cruz, Scotts Valley and
Watsonville. The Bank offers a
variety of competitive deposit and lending solutions for businesses
and individuals; including business loans, lines of credit,
commercial real estate financing, agricultural loans, SBA and USDA
government guaranteed loans, credit cards, merchant services,
remote deposit capture, and online banking bill payment and cash
management. For the past seven years, the Bank's SBA Department has
been recognized as a top SBA lender in Santa Cruz County for 7a and 504 loans.
RATINGS & AWARDS
The Findley Reports, Inc.
2012: One of eleven "Exceptional" Banks in California
2013, 2012, 2011, 2010: "Super Premier" Performing Bank
Bauer Financial Reports, Inc.
Santa Cruz County Bank has received the distinction of 4-Star
"Excellent" and 5-Star "Superior" by Bauer Financial Reports, Inc.,
for its financial performance every quarter since 2007.
American Banker Magazine
2013, 2014: Santa Cruz County Bank ranked in the "Top Performing
200 Community Banks and Thrifts in the
United States" based upon three-year average return on
equity.
Community Awards
Santa Cruz County Bank received the 2013 Volunteer Center of Santa
Cruz County "Be the Difference" Business Award for its leadership
and volunteer efforts.
2013, 2014: Santa Cruz County Bank was voted "Best Bank" in
Santa Cruz County in the Good
Times Readers poll.
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, inflation, government regulations and general
economic conditions, and competition within the business areas in
which the Bank is conducting its operations, including the real
estate market in California and
other factors beyond 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. The Bank undertakes no obligation to publicly revise these
forward-looking statements to reflect subsequent events or
circumstances.
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SOURCE Santa Cruz County Bank
