Circle Bank – North Bay Business Journal - North San Francisco Bay Area, Sonoma, Marin, Napa counties

Banking and finance: Circle Bank to educate Keiretsu-funded startups; 30% solar grant to end

December 19th, 2011

Novato-based Circle Bank has partnered with Keiretsu Forum, said to be the world’s largest angel investor network, to provide financing advice to startup and early-stage companies in the North Bay and San Francisco. … Adam Capital, a Sonoma-based lender specializing in financing small-scale solar projects, is urging solar companies to act before the window closes on a 30 percent federal grant on solar projects at the end of this year. … Westamerica bank is making preparations to move its branch in Ignacio near its current location in the Pacheco Plaza shopping center early next year, said Robert Thorson, the bank’s chief financial officer. … Community First Credit Union signed up the greater number of new members in November than in any month in its 50-year history, beating a record set in October. … The U.S. Small Business Administration is hosting a free web seminar on Dec. 15 to help small business owners prepare for the end of the 2011 tax year. … Images in Motion, a Sonoma-based studio specializing in puppets for television, is filming a series of commercials for Hawaiian Tel Federal Credit Union to “explain the benefits of credit union services to customers on the Big Island.”
Keiretsu Forum partners with Circle Bank in North Bay, S.F.

December 8th, 2011

NOVATO — Circle Bank today announced it has partnered with Keiretsu Forum, said to be the world’s largest angel investor network, to provide financing advice to startup and early-stage companies in the North Bay and San Francisco.
Banking: Berthinier, Davis join North Valley Bank; Wells CEO addresses economy

November 7th, 2011

Joining the staff are Dianna Berthinier, who joined as senior vice president and regional manager in August; Terrance Davis, who joined as senior vice president and business banking officer in September; and Brian Rose, who also joined in September as vice president and commercial loan officer.
Circle Bank names Sonoma County VP and area manager

November 2nd, 2011

Novato-based Circle Bank has hired long-time community banking executive Tom Rose for the newly created position of vice president/area manager for Sonoma County.
Banking: BofA hires wealth advisers; Circle, Bank of Marin earnings rise

October 31st, 2011

Bank of America has hired 10 advisers across Sonoma and Marin counties for its Merrill Edge Financial Solutions Advisers division.
Circle Bank posts 49th consecutive profitable quarter

October 24th, 2011

NOVATO — Novato-based Circle Bank posted its 49th-consecutive profitable quarter this week, surpassing its net income in the second quarter by 51.8 percent.
Circle Bank officer named in federal probe of S.F. bank

October 12th, 2011

NOVATO — A senior officer at Circle Bank is one of 10 people alleged to have hidden the “deteriorating condition” of the former United Commercial Bank in San Francisco before it went into receivership in late 2009, according to an enforcement action filed Tuesday from the Federal Deposit Insurance Corp.
Bankers: Regulatory expansion will drive industry consolidation

July 11th, 2011

SANTA ROSA — The high cost of complying with burgeoning regulation will be the cause of even more bank consolidation than has occurred as a result of the recession, experts say.
International group increases capital requirements for banks

July 4th, 2011

SANTA ROSA — The Basel Committee on Banking Supervision, an international forum for standardization on bank rules, has approved increasing the risk-based ratio for financial institutions from the current 8 percent to about 10.5 percent over the next several years.
Marin: New Domincan head starts July 1

June 6th, 2011

Dominican University of California will be led as of July 1 by Dr. Mary Marcy, who is succeeding Dr. Joseph Fink as president of the university. … Fairfax will launch the FairBuck at its 34th Annual Fairfax Festival & EcoFest on June 11 and 12. … Novato-based Circle Bank published a Corporate Social Responsibility report, covering its community activities and practices. … As part of a national No Tobacco Day on May 31, Marin General Hospital announced plans to implement a new tobacco-free policy at all facilities beginning this fall.
Circle Bank hires Juanna Collin to head operations, technology

April 21st, 2011

NOVATO — Circle Bank hired Juanna Collin as senior vice president of operations and technology.
Circle Bank reports profitable quarter, year

April 12th, 2011

NOVATO — Circle Bancorp, parent company of Circle Bank, reported fourth-quarter net income of $720,000, compared with $431,000 in the prior quarter and $718,000 in the fourth quarter of 2009.
Banking & Finance: Redwood Credit Union to open in Sebastopol; also: Circle Bank makes Women’s Initiative loans

March 28th, 2011

Redwood Credit Union is going to open a new full-service branch and ATM in Sebastopol at 7840 Covert Lane near Pacific Market in early fall 2011.
Marin County retail: Shopping center tenants upgrade, backfill vacancies

March 14th, 2011

There will be a continued upgrading of tenancies and back-filling of vacancies at shopping centers throughout the county. First-tier shopping centers are posting rental rate growth and will continue to do so throughout the year. Second-tier centers will remain flat or experience limited rental growth and third-tier centers will continue to face downward pressure on rents.
Shareholders dispute Circle IPO; bank says stock sale ‘on track’

February 14th, 2011

NOVATO — A dispute has developed between shareholders of Circle Bancorp over plans for an initial public offering to raise $20 million to $30 million to expand the bank’s reach.
Spotlight: Leaders in Commercial Banking in 2011

January 31st, 2011

Following are many of the leading professionals in commercial lending across the North Bay. (Listed alphabetically by institution name)
Circle Bancorp moves toward $20 million to $30 million IPO

January 17th, 2011

NOVATO – Circle Bancorp, parent company of Circle Bank, started investor presentations about its public offering but has yet to set a date.
Banking & Finance: Circle CEO named to web domain panel; RCU chief on national board

January 10th, 2011

Kim Kaselionis, president and chief executive officer of Circle Bank in Novato, has been named one of eight members of an American Bankers Association. … AmericanAg Credit is going through due diligence regarding a proposed merger with Mountain Plains Farm Credit in Greeley, Colo. … American AgCredit has also announced the promotion of three long‐time employees: Bill Rodda, Jim Rizza and Clay Popko. … Bank of Marin Bancorp has signed a lease for a new branch office in downtown Sonoma. The new office at 136 W. Napa St. will open in late spring. With the new location, Bank of Marin will have five branch offices in Sonoma County with a total of 16 offices. … Brett Martinez, president and chief executive officer of Redwood Credit Union, has been elected to the board of directors of the Credit Union National Association, the national trade association for United States credit unions. … U.S. Trust has announced the addition of Jason Foster as senior vice president and private client consultant, based in Santa Rosa, in the west division, as part of a talent acquisition campaign designed to enhance the depth and breadth of its service capabilities for ultra-high-net-worth clientele throughout the nation. … Exchange Bank has announced that Lori Zaret was promoted to senior vice president, chief human resources officer. …
Circle Bank announces per-share price of public offering

December 10th, 2010

NOVATO – Circle Bancorp, parent company of Circle Bank, which is trying to go public, announced the anticipated offering price of shares to be $10.50 and that between 3.05 million and 4.01 million shares would be available.
Business Journal Q&A: Top lenders give their outlook, tips for getting financing

December 6th, 2010

NORTH BAY — The economy is still challenged, and businesses are still struggling. But there are some positive things happening, according to leading SBA lenders in the North Bay.