SAN JOSE, CA--(Marketwire - May 3, 2010) - Community Bank of the Bay (
"Al will be a great addition to the growth of Community Bank of the Bay as he has been a commercial lender for over 31 years," said Brian Garrett, chief executive officer. "As we are finalizing our successful capital campaign, and expanding into the South Bay market, Community Bank of the Bay has money to lend to businesses. As a well capitalized bank, with a growing team of respected bankers, such as Cadman, Community Bank of the Bay will be able to provide businesses with the services they require. Al's leadership, industry knowledge, and experience working with small, middle market and large businesses will greatly expand our lending capabilities."
"I am committed to significantly increasing our market share in the South Bay, and adding Al to the Community Bank of the Bay team in San Jose provides us with another strong contributor to address the growing but unfulfilled needs of South Bay businesses," said Bob Gionfriddo, President of the Silicon Valley Region of Community Bank of the Bay.
"While many businesses have seen their banking relationships change due to the current economic situation, I'm excited with the opportunity to provide these local businesses with the credit and other services they need to achieve their goals," said Cadman. "I believe the bank's focus on the customer and my significant experience in working with borrowers in both good and challenging times is exactly what businesses are looking for in a financial partner."
Prior to joining the bank, Cadman was a consultant to the banking industry, and previously served as senior vice president and Peninsula Business Banking Division Manager for Wells Fargo Bank in Palo Alto after it acquired Greater Bay Bancorp in 2007. Cadman was with Greater Bay Bank since 2004 in a variety of positions working in the South Bay, East Bay and Peninsula markets, after a 25 year tenure with Bank of America.
Cadman has been a resident of San Jose for over 20 years. He is a graduate of Santa Clara University with B.S. and M.B.A. degrees. He has been active in non-profit organizations including the YMCA, Presentation High School, the Emergency Housing Consortium and children's sports leagues.
Community Bank of the Bay is located in downtown San Jose, Oakland and Danville. Community Bank of the Bay serves the financial needs of a variety of commercial customers including businesses, professional service firms and non-profit organizations. Information on the bank is available online at www.communitybankbay.com
Contact Information:
Media contact:
Brian Garrett
CEO
510 433 5402
