SOURCE: California Bank of Commerce

April 25, 2008 15:24 ET

Margaret Lowell Joins California Bank of Commerce

LAFAYETTE, CA--(Marketwire - April 25, 2008) - California Bank of Commerce (OTCBB: CABC), a unique commercial bank in the San Francisco Bay Area targeting middle market businesses and professionals, today announced that Margaret Lowell has joined the Bank as a Senior Vice President / Relationship Manager.

"The bank continues to seize opportunities both in the market place and with talented bankers," said John E. Rossell III, President and CEO of California Bank of Commerce. "Construction lending and Margaret Lowell are two great examples of the way we are winning in the current market." Where many banks are now forced to turn away good credit construction loans, California Bank of Commerce sees opportunities. "Margaret comes to our bank with over 22 years of construction lending experience in the San Francisco Bay Area and brings established relationships with some of the most successful builders in our market."

Prior to joining California Bank of Commerce, Ms. Lowell developed Tri Valley Bank's construction lending department where she grew Tri Valley's portfolio to $34 million. Ms. Lowell was previously with Greater Bay Bancorp in Walnut Creek, and with Heritage Bank where she established that bank's construction lending department, building a $42 million portfolio in two years.

"I'm looking forward to building California Bank of Commerce's construction lending portfolio. It is a terrific time to be offering land acquisition and development loans as well as single family and commercial owner-user loans," said Lowell. "California Bank of Commerce has one of the strongest management teams I have seen in a long time. I am very proud to be part of this impressive team," said Lowell. Born and raised in Alamo, Ms. Lowell is a fourth generation Walnut Creek / Lamorinda resident.

About California Bank of Commerce

California Bank of Commerce was designed and built to provide a unique banking experience for businesses, entrepreneurs, and their families. California Bank of Commerce provides a broad range of commercial banking and advisory services to mid-market businesses and professionals throughout the San Francisco Bay Area. For more information on California Bank of Commerce and our unique banking experience, call us at 925-283-2265, or visit us at www.californiabankofcommerce.com.

Contact Information

  • Contact:
    Mark DeVincenzi
    925-444-2916