Leading Community Bank Hires Experienced Local Lenders for New Office
NOVATO, Calif.--(BUSINESS WIRE)--
Bank of Marin Bancorp (the “Bank,” NASDAQ:BMRC) officially opened a loan
production office today in Santa Rosa, CA. With the new location, the
Bank now has 15 offices across three counties including Sonoma, Marin
and San Francisco. For the past year, the Bank has provided business
loan and deposit support in Santa Rosa, and plans to convert this office
to a full Bank of Marin branch by April, 2011.
The Bank is pleased to announce three significant hires for the Santa
Rosa office including local commercial banking veterans, Dave Brown, Kim
August, and Joe Scaramella. The core team is comprised of four long-time
residents of Santa Rosa:
- Dave Brown has been named Senior Vice President, Commercial
Banking Manager. Brown brings 30 years of business banking experience
to the group and was previously the head of real estate lending at
Exchange Bank and Chief Credit Officer at First Community Bank.
- Kim August joins the Bank as Vice President and Commercial
Lender, with 23 years of experience providing business banking
solutions to local businesses, including 14 years in a similar
capacity at Exchange Bank.
- Joe Scaramella joined the Bank in August, 2010 as a Vice
President and Business Development Officer. Joe brings 27 years of
commercial lending experience to the team. He was previously at Wells
Fargo and Exchange Bank.
- Chris Rosell, Vice President and Private Banker for Sonoma
County, joined the Bank in 2009 and will be providing private banking
services out of the new office. Rosell has been an active business
lender in Sonoma County and was also with the former Sonoma National
Bank.
“Expanding into Santa Rosa is an important part of our well-managed
growth strategy,” said President and CEO, Russell A. Colombo. “We
believe that customers in Santa Rosa will appreciate the way we do
business with our focus on the unique lending needs of businesses and
our commitment to the communities we serve.”
“I am pleased to be associated with such a well-run, well-respected
bank” said Dave Brown, Commercial Banking Manager. “We look forward to
providing Sonoma County businesses the personal service and community
commitment that Bank of Marin is known for, including philanthropic
contributions, employee volunteerism and lending that supports the
economic growth of the County.”
About Bank of Marin Bancorp
Bank of Marin Bancorp's assets currently exceed $1 billion. Bank of
Marin, as the sole subsidiary of Bank of Marin Bancorp, is the largest
community bank in Marin County with fifteen branch offices in San
Francisco, Marin and Sonoma counties. The Bank's Administrative offices
are located in Novato, California. Bank of Marin offers business and
personal banking, private banking and wealth management services, with a
strong focus on supporting the local community.
Bank of Marin Bancorp is included in the Russell 2000 Small-Cap Index,
is recognized as a Top 200 Community Bank, ranked number 42 in the U.S.
by US Banker Magazine, and has received the highest five star rating
from Bauer Financial for more than ten years (www.bauerfinancial.com).
Celebrating its 20th anniversary in 2010, Bank of Marin has been
recognized as one of the "Best Places to Work in the Bay Area" and one
of the "Top Corporate Philanthropists" by the San Francisco Business
Times.
Source: Bank of Marin Bancorp
Contact:
Pfaff PR for Bank of Marin
Sandy Pfaff, 415-819-7447
sandy@pfaffpr.com