SOURCE: Seacoast Commerce Bank

Seacoast Commerce Bank

March 07, 2016 17:26 ET

Seacoast Commerce Bank Announces the Hiring of Michael Cosentino, Vice President and SBA Business Development Officer, in Reno, Nevada

SAN DIEGO, CA--(Marketwired - March 07, 2016) -  Seacoast Commerce Bank, a wholly-owned subsidiary of Seacoast Commerce Banc Holdings (OTC PINK: SCBH), today announced the hiring of Michael Cosentino as Vice President and Small Business Administration ("SBA") Business Development Officer, who will be located in the Bank's recently opened Reno, Nevada, Loan Production Office. Mr. Cosentino has over 30 years of experience, working as a commercial real estate broker and an SBA Business Development Officer, assisting small businesses facilitate the acquisition, development, and refinance of their commercial real estate properties. Mr. Cosentino spent his career helping small businesses located in Southern California, and recently relocated to Reno, Nevada, which will be his new primary market focus. However; he will continue to work with his many California referral sources.

"Michael is a great addition to our SBA Team and will develop our presence in Northern Nevada, complementing our Las Vegas, Nevada, loan production office. Michael is a real pro with a tremendous knowledge of the SBA 7(a) Program. His experience as a commercial real estate broker provides an additional dimension for his referral sources and small business owners that he will be assisting. He has been an outstanding producer of SBA loans, specifically for small business owners who want to buy, construct, refinance or expand their own facility," stated David H. Bartram, Executive Vice President, Chief Operating Officer, and SBA Division Manager. Michael can be reached by email at mcosentino@sccombank.com or at (775) 842-1719 in Nevada, or (714) 296-4998 in Southern California.

About Seacoast Commerce Banc Holdings: Seacoast Commerce Banc Holdings is a bank holding company with one wholly-owned banking subsidiary, Seacoast Commerce Bank. Both the holding company and the bank are headquartered in San Diego, California, with the Bank having full-service banking branches in San Diego and Chula Vista, California, and production offices in San Diego, Orange County, Los Angeles, Sacramento and San Ramon, California; Phoenix, Arizona; Denver, Colorado; Las Vegas and Reno, Nevada; Houston and Dallas, Texas; and Bellevue, Washington. For more information on Seacoast Commerce Banc Holdings, please visit www.scbholdings.com; to learn more about Seacoast Commerce Bank, visit www.sccombank.com, or contact Richard M. Sanborn, President and Chief Executive Officer at (858) 432-7001.

For more information on Seacoast Commerce Bank's SBA lending platform, please contact David H. Bartram, Executive Vice President, Chief Operating Officer, and SBA Division Manager at (858) 432-7002.

Certain statements in this press release, including statements regarding the anticipated development and expansion of the Bank's business, and the intent, belief or current expectations of the Bank, its directors or its officers, are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such "forward-looking" statements. These risks and uncertainties include, but are not limited to, risks related to the local and national economy, the Bank's performance and regulatory matters.

Contact Information

  • Contact:
    David H. Bartram
    (858) 432-7002