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Bank of Walnut Creek Opens Fremont Business Center.


WALNUT CREEK Walnut Creek, residential city (1990 pop. 60,569), Contra Costa co., W Calif., in the San Francisco Bay area; inc. 1914. It is the trade and shipping center of an extensive agricultural area where walnuts are among the major product. , Calif.--(BUSINESS WIRE)--July 23, 1996--Tom Mantor, president and chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 of Bank of Walnut Creek announced the opening of the Bank's regional business center at 4030 Clipper Court in Fremont's Bayside Plaza business park.

The new location is a continuation of the Bank's presence along the Interstate 680 Corridor.

The regional business center will focus on the growing financial needs of small- to mid-sized businesses and professionals in Fremont and surrounding areas. Bank of Walnut Creek offers business services including traditional financing plans, SBA SBA
abbr.
Small Business Administration

Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government
 loans, and accounts receivable financing Accounts Receivable Financing

A type of asset-financing arrangement in which a company uses its receivables - which is money owed by customers - as collateral in a financing agreement. The company receives an amount that is equal to a reduced value of the receivables pledged.
.

William E. Scanlon, vice president and business banker, was named regional manager for the new location. John Nguyen is assistant vice president and business banker. Both will be introducing the Bank to businesses and professionals in the area.

Bank of Walnut Creek, an independent business bank with headquarters in Walnut Creek, operates full-service banking offices in Orinda, San Ramon San Ramon (Spanish for "Saint Raymond") may refer to one of the following places:

Argentina
  • San Ramón de la Nueva Orán, a city
Costa Rica
  • San Ramón, Costa Rica, the municipality of San Ramón
, Danville and Pleasanton. The Bank is consistently recognized for its safety and soundness and is rated Five Star, Blue Ribbon and Premier by independent industry consultants.

CONTACT: Bank of Walnut Creek

Barbara W. Pelletier, 510/932-5353
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 23, 1996
Words:188
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