It is with great excitement that Community Bank of the Bay can announce it's 20th anniversary!
A "lot of water has gone under the bridge" as the saying goes. Since we raised capital back in 2010, many changes have taken place. These changes allowed us to continually improve, enhancing the value of the bank, and have made CBB the success it is in our twentieth year. We changed management. We upgraded policies and procedures. We improved processes and technologies.  We opened additional offices in the South Bay, Danville and San Mateo to support our Bay Area wide clientele. We hired highly skilled managers, and accomplished team members, to support our client's specific needs, and elevate operational effectiveness. And most importantly we grew the bank nearly 4 fold, achieving solid profitability. As a result, our book value doubled, increasing from $2.1 to $4.6 per share. The chart below illustrates our positive progress.

We are also very proud of several milestones we have achieved along the way. Our proudest moment, was receiving the Western Independent Bankers "Community Bank of the Year" award in 2015.  CBB was chosen out of a peer group of over 700 member banks. Selecting CCB for this honor, was truly, a great recognition of the impressive strides we have made. 
 
In 2014, CBB was awarded the coveted "5-Star" rating by Bauer Financial for overall stability and soundness. As of Bauer's most recent ratings report of September 2016, CBB has maintained its top tier rating. In addition, we earned "Super Premiere" status from the Findley Reports on Financial Institutions, in 2014 and CBB maintains that rating today. 
 
CBB is also proud of our SBA Preferred Lender status issued by the Small Business Administration.  We were the first, and continue to be one of only six, FDIC-insured Community Development Financial Institutions located in the Bay Area, to receive the Bank Enterprise Award (BEA) from the United States Treasury. We have been awarded the BEA consecutively since 2010 for investing and lending in low to moderate income areas.
 
We truly appreciate your support and investment in Community Bank of the Bay and we look forward to serving our clients and communities. 

 
Sincerely,
 
William E Purcell
Chairman of the Board of Directors
Financial data shows CBB growth
Between December 2002 - June 2016...

Assets grew from $44 million to $216 million (5 fold). 
Common Equity grew from $3 million to $20 million (6.5 fold).
Loan portfolio grew by $166 million (5.2 fold).
Deposits grew by $194 million (4.8 fold).

2015 Audited Financials Now Available

The 2015 Annual Report stating the bank's audited financials from last year, is now available to view and download on our website. Please visit the Annual Report page under About Us or use the link below to view the document. 

2015 Annual Report
Financial Results Press Releases
Community Bank of the Bay Awarded 5-Star Rating by Bauer Financial




Richard "Dick" Hagarty
(408) 298-4900 x3001 email
Dick Hagarty, Chief Credit Officer

Richard "Dick" Hagarty has joined the bank as Chief Credit Officer. He brings over 40 years of experience with him to the position and will be responsible for all aspects the bank's lending and credit administration.   Dick has served as Executive Vice President and Chief Credit Officer at Pan Pacific Bank, Liberty Bank and Heritage Bank of Commerce, and also as Director of Credit Administration for Fremont Bank. He graduated from the University of San Francisco.


Promotions & Recent Hires

We are pleased to announce that Mark Roach has been promoted to Chief Banking Officer and  Margie Perry has been promoted to Chief Customer Experience Officer .

Eugene Jeanne, Controller
Eugene comes to us with extensive background in Finance, Accounting, Compliance and Risk Management. Most recently Eugene was Director of Risk Management at Stanford Credit Union and Monterey County Bank. From 2007 to 2011; he was Chief Financial Officer and Chief Information Security officer at Tri-Valley Bank. Eugene will be based out of our Oakland office.

Lillian Lazzeri, SVP / Operations, Compliance, IT
Lillian brings 40 years of banking experience to CBB.  Her most recent role was at Focus Bank as a Compliance and Operations Support officer and IT Manager.  Lillian was responsible for establishing policies and procedures for operations and central services while also serving in the capacity of BSA officer and main point of contact for major vendors.

New faces in the Oakland branch... Laura Livai in New Accounts and Darcy Gutierrez as Customer Service Representative (teller).
Interview w/ CEO Bill Keller featured in San Francisco Business Times
   
"Community Bank of the Bay is on a roll, posting record loans and deposits this month. It's a strong showing for the Oakland bank founded 20 years ago as California's first Community Development Financial Institution, a U.S. Treasury program designed to boost economic development in traditionally underserved communities. The bank has experienced ups and downs since its founding, but in recent years has garnered Bauer Financial's top rating of five stars for safety and soundness, along with being considered "well capitalized" under regulatory guidelines..." Read More

Mark Calvey of the San Francisco Business Times

YA Tittle CBB
YA Tittle CBB
Meet the Tittle's

As part of our 20th Anniversary activities, we are experimenting with new ways to share our stories and we are as interesting as the clients we serve. We are pleased to share with you our first client video featuring football legend and Silicon Valley business man, Y.A. Tittle and his family business, Y.A. Tittle Insurance, now run by his son John "Rookie" Tittle.  Please watch and share! 

New CBB website coming this Fall

CBB is working with a UX designer and a website design team on a new responsive website for the Bank which is scheduled to launch this Fall. The site will respond and optimize viewing based on the device that you are using to access our website. 

If you have any requests for features or functionality that you would like for the design team take into consideration, please follow the link below and complete the form. We value the insight from our users!

Upcoming Events
Danville to host Oktoberfest 10/13

The Danville Office is celebrating Oktoberfest and hosting the Danville Area Chamber of Commerce Mixer on October 13th. The event will also include Belgian beer and traditional Oktoberfest cuisine. The Chamber will be recognizing their Legacy Members during the event. 

All are welcome!
San Mateo Bacon & Brews
Oct 1 & 2 

CBB is looking forward to volunteering at the 4th Annual Bacon and Brew Festival hosted by the San Mateo Area Chamber of Commerce. Enjoy food trucks & local restaurants- Savor the taste of all the bacon-themed dishes and enjoy local artisan booths. There will be plenty fun things to do and see! Fun for all ages!
Join CBB in the  Walk to End Alzheimer's - 10/1

Lisa Miller, Operations Manager in the Danville Office, is walking to End Alzheimer's on October 1 in Walnut Creek. Her son named the team "Drago" for his grandfather (Joe Drago) who had Alzheimer's. CBB is also a sponsor of this event. To join Team Drago and walk with us, or to make a donation to this important cause, please use the link below. We appreciate your  support!   

Living the Next Economy Convergence 10/21 - 10/23

CBB is proud to sponsor Living the Next Economy 2016 Convergence, to be held at Oakstop, October 21-23! This event is organized by a broad coalition of community leaders and social entrepreneurs committed to advancing radically inclusive economic, racial, and environmental justice solutions in Oakland. This year's convergence is inspired by the #BlackLivesMatter movement and others' call to overcome systemic racism that to this day deprives Black Americans, indigenous peoples, and others of their inherent dignity and fair share of Oakland's economic prosperity.
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