1. Tri Counties Bank will open a new branch in San Francisco. 2. The branch focuses on personalized financial solutions and exceptional service. 3. Previous First Republic Bank employees will lead the new branch. 4. The branch aims to enhance community engagement and banking experience. 5. The new location signifies TCBK's growth strategy in California.
The new branch aligns with TCBK’s growth strategy, reflecting potential revenue increases. Historically, expansions have positively impacted similar regional banks' share prices.
The article highlights a strategic expansion, indicating future growth prospects and stability for TCBK. Local branches cater to community needs, potentially increasing market share.
New branches typically take time to contribute significantly to profits. However, successful establishment can lead to sustainable growth over years, as seen in other regional banks.
CHICO, Calif.--(BUSINESS WIRE)--Tri Counties Bank announced the upcoming opening of a new branch in the heart of the West Portal neighborhood of San Francisco, California, at 279 West Portal Avenue. The new West Portal branch will provide local businesses and residents with even greater access to personalized financial solutions, backed by Tri Counties Bank’s commitment to exceptional service and local decision making.
"Our focus is to provide West Portal with a superior banking experience through personalized service and a full range of strategic financial solutions," said Scott Robertson, Senior Vice President and Head of Community Banking.
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“Our focus is to provide West Portal with a superior banking experience through personalized service and a full range of strategic financial solutions,” said Scott Robertson, Senior Vice President and Head of Community Banking. “Instead of traditional teller lines, the West Portal branch features five relationship desks where you can sit down with a banker who not only processes transactions but also gets to know you. They will suggest customized solutions based upon your specific needs, whether it be buying a home, saving for the future, or growing a business.”
The new full-service West Portal branch will also offer dedicated customer parking, lobby hours from Monday – Friday 9 A.M. to 5 P.M., and night drop services. A walk-up ATM will be available 24 hours a day, seven days a week, featuring immediate credit on all cash deposits. It is expected to open in late summer 2025. It was formerly the site of a First Republic Bank branch.
The new branch will be led by previous First Republic Bank employees, well known to the West Portal community:
For more than 50 years, Tri Counties Bank has offered a comprehensive suite of financial solutions that rival those offered by larger banks, but with the flexibility and superior local service that customers deserve. Led by financial experts with deep ties to the community, the new branch will offer tailored financial products and services designed to meet both personal and business needs of the West Portal community.
To learn more about the new West Portal branch, visit TriCountiesBank.com/locations/west-portal.
About Tri Counties Bank
Established in 1975, Tri Counties Bank is a wholly-owned subsidiary of TriCo Bancshares (NASDAQ: TCBK), headquartered in Chico, California with corporate offices in Roseville, South San Francisco, and Bakersfield, with assets of nearly $10 billion and 50 years of financial stability. Tri Counties Bank is dedicated to providing exceptional service for individuals and businesses throughout California with more than 75 locations, advanced mobile and online banking, and access to approximately 40,000 surcharge-free ATMs nationwide. As California’s Local Bank, Tri Counties Bank prioritizes serving clients with local bankers and local decision-making, backed by corporate philanthropy, community engagement, employee volunteerism and investments. Recognized by various publications as among the Top Workplaces and Best Banks, Tri Counties Bank recruits and retains diverse and talented team members. Visit TriCountiesBank.com to learn more. Member FDIC. Equal Housing Lender. NMLS #458732.