[{"@context":"http:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/wiki.edu.vn\/en\/wiki24\/california-bank-and-trust-wikipedia\/#BlogPosting","mainEntityOfPage":"https:\/\/wiki.edu.vn\/en\/wiki24\/california-bank-and-trust-wikipedia\/","headline":"California Bank and Trust – Wikipedia","name":"California Bank and Trust – Wikipedia","description":"before-content-x4 California Bank & Trust (CB&T) is a full-service bank specializing in consumer, commercial and wealth management services headquartered in","datePublished":"2022-10-06","dateModified":"2022-10-06","author":{"@type":"Person","@id":"https:\/\/wiki.edu.vn\/en\/wiki24\/author\/lordneo\/#Person","name":"lordneo","url":"https:\/\/wiki.edu.vn\/en\/wiki24\/author\/lordneo\/","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/c9645c498c9701c88b89b8537773dd7c?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c9645c498c9701c88b89b8537773dd7c?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Enzyklop\u00e4die","logo":{"@type":"ImageObject","@id":"https:\/\/wiki.edu.vn\/wiki4\/wp-content\/uploads\/2023\/08\/download.jpg","url":"https:\/\/wiki.edu.vn\/wiki4\/wp-content\/uploads\/2023\/08\/download.jpg","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/d\/da\/California_Bank_and_Trust_Building%2C_Long_Beach.jpg\/220px-California_Bank_and_Trust_Building%2C_Long_Beach.jpg","url":"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/d\/da\/California_Bank_and_Trust_Building%2C_Long_Beach.jpg\/220px-California_Bank_and_Trust_Building%2C_Long_Beach.jpg","height":"259","width":"220"},"url":"https:\/\/wiki.edu.vn\/en\/wiki24\/california-bank-and-trust-wikipedia\/","wordCount":3989,"articleBody":" (adsbygoogle = window.adsbygoogle || []).push({});before-content-x4California Bank & Trust (CB&T) is a full-service bank specializing in consumer, commercial and wealth management services headquartered in San Diego, California. With more than 80 branches[4] located throughout California, CB&T is a subsidiary of Zions Bancorporation, one of the nation’s top 50 bank holding companies, with assets of approximately $91 billion.[5] (adsbygoogle = window.adsbygoogle || []).push({});after-content-x4Table of ContentsHistory[edit]Operations[edit]CB&T vision, mission & values[edit]Corporate social responsibility[edit]Honors and accolades[edit]References[edit]External links[edit]History[edit]California Bank & Trust was created in October 1998 as the result of the merger of three institutions acquired separately by Zions Bancorporation: Sumitomo Bank of California, San Diego-based Grossmont Bank and First Pacific National Bank.[6] (adsbygoogle = window.adsbygoogle || []).push({});after-content-x4The institution continued to grow with the acquisition of Fresno, California-based Regency Bank in 1999.[7] In 2001, the company expanded its footprint with the addition of Eldorado Bancshares, which included Eldorado’s two subsidiaries, Eldorado Bank and Antelope Valley Bank.[8]More recent acquisitions include Alliance Bank and Vineyard Bank, which were acquired when the Federal Deposit Insurance Corporation (FDIC) closed these institutions in 2009.[9][10] Through this transaction, California Bank & Trust acquired Alliance Bank’s $951 million of deposits and $1.14 billion of assets, and up to $225 million of the sold bank’s credits.[11]Operations[edit] California Bank & Trust operates through a network of more than 80 branches run through four administrative offices.[12] These include Irvine, Los Angeles, Oakland, and the bank’s main headquarters in San Diego.[13]CB&T vision, mission & values[edit]Vision: Creating California’s best banking relationships. (adsbygoogle = window.adsbygoogle || []).push({});after-content-x4Mission: We champion the people and businesses building California, through our team of knowledgeable bankers and custom financial solutions.Corporate values:Build lasting relationshipsStrengthen our communitiesThrive as a diverse teamAct as owners[14]Corporate social responsibility[edit]In 2012, California Bank & Trust was rated as “outstanding” by the FDIC for its performance under the Community Reinvestment Act (CRA)[15] and, in 2011, was a “preferred SBA lender” as designated by the Small Business Administration.[16]In 2012, California Bank & Trust employees raised over $95,000 for the United Way[17] and $101,000 in 2013.[18] In April 2012, CB&T announced a new business financing initiative focused on minority and women-owned businesses in California called TEAM (Tools, Education, Access and Mentoring). The initiative was launched in affiliation with Latina Style, Inc. and the Anna Maria Arias Foundation, a foundation working to ensure the growth, reach and impact of Latina entrepreneurs by providing programs, services and resources that help Latinas establish successful businesses.[19]In December 2018, CB&T donated $25,000 to the United Way in support of communities and individuals impacted by the Camp Fire in Northern California, and the Woolsey and Hill Fires in Southern California.[20]In September 2019, CB&T presented a check in the amount of $10,000 to the Boys and Girls Club of Greater San Diego in support of the non-profit’s signature event \u2013 “An Evening of Changing Lives.”[21]In August 2021, More than CB&T 115 employees participated in their first-ever \u201cGive Day\u201d \u2013 an event focused on the bank’s associates giving back to their communities through charitable acts and volunteerism. CB&T associates contributed to in-person and hands-on volunteer activities, including food sorting, mural painting and homebuilding. Additionally, all CB&T locations participated in donation collections.[22]In November 2021, The Old Globe in San Diego, CA announced that CB&T has given more than $1 million to the theatre since 1987 and has been named an Extraordinary Leader, recognized in the Globe’s program book and with a paver on the Globe’s Copley Plaza.[23]In June 2022, CB&T and its employees raised nearly $80,000 for its 2022 CB&T Giving Campaign. CB&T employees raised $60,000 for 92 non-profit organizations across California. An additional $20,000 corporate donation from CB&T was donated to organizations partnered with United Way.[24]Honors and accolades[edit]The bank has been recognized by Greenwich Associates, a leading global financial services research and consulting firm, which has awarded California Bank & Trust 18 Excellence and Best Brand Awards for small business and middle market banking as a part of Zions Bancorporation.[25] In addition, California Bank & Trust was voted San Diego’s \u201cBest Bank\u201d for 11 straight years and \u201cBest Commercial Bank\u201d for 8 years by The San Diego Union-Tribune Reader’s Poll.[25]The Orange County Register has also named California Bank & Trust as a winner of Best Bank in Orange County for 8 consecutive years and Best Home Loan Provider for the first year in the annual poll.[25]References[edit]^ “About Us”. California Bank & Trust.^ “CALIFORNIA BANK & TRUST PROMOTES ERIC ELLINGSEN TO CEO”.^ “CALIFORNIA BANK & TRUST INITIATES STATE-WIDE “GIVE DAY” DURING INAUGURAL FOUR-DAY VIRTUAL CONFERENCE”.^ “Brand Story | California Bank & Trust”.^ “Top 50 Holding Companies”. FFIEC.gov.^ “About California Bank & Trust”. Calbanktrust.com. Archived from the original on 2012-08-18.^ “Zions Bancorporation and Regency Bancorp Announce Merger Agreement”. PRNewsWire.com.^ “Zions Bancorporation Completes Merger With Eldorado Bancshares, Inc”. PRNewsWire.com.^ “California Bank and Trust, San Diego, CA, Acquires All of the Deposits of Alliance Bank, Culver City, CA”. FDIC.gov. Retrieved 6 February 2009.^ “California Bank & Trust, San Diego, California, Assumes All of the Deposits of Vineyard Bank, National Association, Rancho Cucamonga, California”. FDIC.gov. Retrieved 17 July 2009.^ “CALIFORNIA BANK & TRUST ACQUIRES ALLIANCE BANK”. Sec.gov. February 6, 2009.^ https:\/\/www.calbanktrust.com\/about\/brand-story\/^ “Fast Facts about California Bank & Trust” (PDF). Archived from the original (PDF) on 2015-02-07.^ About Us^ “California Bank & Trust Awarded Outstanding FDIC Community Reinvestment Act (CRA) Rating”. Yahoo.com. Retrieved 29 February 2012.^ “SBA Active Participating Lenders” (PDF). SBA.gov. Retrieved 29 December 2011.^ “California Bank & Trust Employees Raise Over $95,000 for the United Way”. WSJ.com. Archived from the original on 2013-02-17. Retrieved 25 January 2012.^ “California Bank & Trust Raises More Than $100,000 to Help Local Communities”. Dailyfinance.com. January 24, 2013.^ ““California Bank & Trust Debuts Initiative Focused on Minority and Women-Owned Businesses,” American Banker”. AmericanBanker.com. 11 April 2012. Retrieved 17 April 2012.^ https:\/\/www.calbanktrust.com\/about\/newsroom\/press-releases\/california-bank-and-trust-donates-25000-to-support-communities-impacted-by-california-wildfires\/ California Bank & Trust Donates $25,000 to Support Communities Impacted By California Wildfires^ https:\/\/www.calbanktrust.com\/about\/newsroom\/press-releases\/CBT-celebrates-opening-o-escondido-branch\/ California Bank & Trust Celebrates Opening Of Escondido Branch With Ceremony And Gift To Non-Profit^ CALIFORNIA BANK & TRUST INITIATES STATE-WIDE \u201cGIVE DAY\u201d DURING INAUGURAL FOUR-DAY VIRTUAL CONFERENCE^ California Bank & Trust Reaches Extraordinary Leader Status at The Old Globe,Surpassing More Than $1 Million in Contributions Since 1987^ CALIFORNIA BANK & TRUST RAISES NEARLY $80,000 TO BENEFIT CALIFORNIA NON-PROFITS IN ANNUAL GIVING CAMPAIGN^ a b c “Awards”.External links[edit] (adsbygoogle = window.adsbygoogle || []).push({});after-content-x4"},{"@context":"http:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https:\/\/wiki.edu.vn\/en\/wiki24\/#breadcrumbitem","name":"Enzyklop\u00e4die"}},{"@type":"ListItem","position":2,"item":{"@id":"https:\/\/wiki.edu.vn\/en\/wiki24\/california-bank-and-trust-wikipedia\/#breadcrumbitem","name":"California Bank and Trust – Wikipedia"}}]}]