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August 2024 Monthly Bulletin


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Commercial Bank Activity

New Bank

Altos Bank
Proposed location: Street address to be determined in Downtown Los Altos, Los Altos, Santa Clara County
Correspondent: James B. Jones
Carpenter & Company, 23 Corporate Plaza Drive, Suite 150, #D-11, Newport Beach, CA 92660
Phone: 949-261-8888
Approved: 7/29/24

Culver Community Bank
Proposed location: 6125 Washington Boulevard, Culver City
Correspondent: James B. Jones
Carpenter & Company, 23 Corporate Plaza Drive, Suite 150, Newport Beach, CA 92660
Withdrawn: 7/12/24

Merger

Community Bank of the Bay, Oakland, to merge with and into Commercial Bank of California, Irvine
Filed: 7/05/24

Acquisition of Control

Steven C. Zola, to acquire control of Montecito Bank & Trust
Filed: 7/24/24

Voluntary Surrender

Silvergate Bank
4225 Executive Square, La Jolla
Effected: 7/08/24