Business Bank of California Appoints Jeffrey Blake Senior Vice President of Finance.Business Editors SAN BERNARDINO San Bernardino, city, United States San Bernardino (săn bûr'nədē`nō), city (1990 pop. 164,164), seat of San Bernardino co., S Calif., at the foot of the San Bernardino Mts.; inc. 1854. , Calif.--(BUSINESS WIRE)--June 1, 2000 Alan J. Lane, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Business Bank of California The Bank of California was founded in San Francisco, California on July 5, 1864 by William Chapman Ralston. It was the first commercial bank in the Western United States, the second-richest bank in the nation, and considered instrumental in developing the American Old West. (BZBC) Thursday announced the appointment of Jeffrey L. Blake to the position of Senior Vice President of Finance. Lane commented: "The Senior Vice President of Finance position is new to Business Bank of California. The bank's unparalleled growth, coupled with our track record of opening at least one new branch(s) each year for the past several years has placed an increasing burden on current financial executives." He continued, "Jeff's expertise and credentials will significantly enhance our existing management team and add dimension to critical financial functions such as site and viability studies related to mergers and acquisitions, treasury and cash management functions and investor relations Investor relations The process by which the corporation communicates with its investors. ." Blake's background includes executive level positions in several Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, financial institutions including responsibilities as Senior Vice President, COO and Vice President, CFO See Chief Financial Officer. for Life Bank in Riverside, Director of IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. Information Reporting for Norwest Mortgage and Assistant Controller/Financial Analyst responsibilities for Directors Mortgage. Functionality in each of these positions was diverse, including audit and regulatory compliance, strategic planning, security and retail banking management. Business Bank of California expects to derive immediate benefit from Blake's merger and acquisition experience as they finalize their recently announced agreement to merge with Valley Merchants Bank in the city of Hemet. Business Bank of California has served the Inland Empire since 1984 and operates branches in the cities of San Bernardino, Corona, Redlands, Hesperia, Phelan and Ontario. The recently announced merger will result in an eighth office located in the city of Hemet. Business Bank of California is strongly focused on providing high quality, personalized services to small businesses, professionals and consumers. Visit their award winning Web site located at www.businessbank.com. |
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