Exchange Bank stands apart from competitors in several ways. One key differentiator is longevity not commonly found in community banks. Founded in Santa Rosa in 1890, Exchange Bank has an amazing 132-year history.
This longevity comes in part from its unique ownership structure. To ensure the bank would remain locally owned and managed, 50.44 percent of the bank’s stock was put into a perpetual trust, the dividends of which fund the Doyle Scholarship at the Santa Rosa Junior College.
“As a full-service bank, we offer commercial lending, commercial real estate lending, SBA lending, and much more,” says Jerry Gamboa, commercial banking regional manager. “We offer all the products that larger banks do, but as a community bank, we’re able to work with customers one-on-one to assess their individual needs. Our credit decisions are made locally and our team has extensive regional knowledge for a quick approval process.”
The bank’s vast length of time in business makes it special, as it has survived countless economic cycles and faced many challenges as well as periods of prosperity. As a community bank, it is part of an ever-smaller, special type of banking for those customers wanting and needing local knowledge, perspective and influence from their banking team.
“We focus on individuals, families and businesses and how we can be a partner in their successes.” — Jerry Gamboa, SVP, Commercial Banking Regional Manager
Exchange Bank is eager to build their Greater Sacramento regional presence, grow their customer base and increase their number of commercial real estate loans. Gamboa concludes, “We take a long view of things rather than just bottom-line quarterly profits. We focus on individuals, families and businesses and how we can be a partner in their successes. We’ve been the regional banking solution for 132 years and we plan to be in business for generations to come.”
The recession of 2008 and its aftermath reordered the landscape across industries. In banking, the most obvious effect was to tighten the rules on mortgage lending after passage of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.
With 16 marathons and many more half marathons under her belt, Rebecca Fabisch Miller knows a thing or two about going the distance for her commercial and corporate clients.