Bank in top 15% of California SBA lenders; promoting economic development and job growthSANTA CRUZ, CA – Santa Cruz County Bank announced today that it has ranked as the 30th largest provider of SBA loans in California statewide, out of a total of 199 lenders. The data was released by the U.S. Small Business Administration (SBA) for the first six months of the 2013 fiscal year. The 199 statewide SBA lenders include banks, credit unions and certified development companies providing SBA 7a and 504 loans in California. Santa Cruz County Bank, with over $367 million in assets, generated over $16 million in SBA loans in the six months from October 1, 2012 to March 31, 2013.Santa Cruz County Bank’s SBA Department Manager, Susan Chandler, stated, “For a small community bank, our placement of 30th out of 199 lenders speaks volumes for the Bank’s commitment to supporting small businesses. Loans to small businesses help boost our local, regional and statewide economies. This achievement is the result of the experience, reputation and dedication of our talented SBA team.”“We’re pleased to see Santa Cruz County Bank increasing their lending to small businesses and joining the top 15% of California SBA lenders. In the first half of this fiscal year, Santa Cruz County Bank has more than doubled their level of SBA lending from all of last year, which is good for Santa Cruz and great for small business,” said U.S. Small Business Administration (SBA) San Francisco District Office District Director Mark Quinn.For the year ended December, 31, 2012 compared to December, 31, 2011, Santa Cruz County Bank’s gross loans increased 18%, or $34 million to $226 million.ABOUT SANTA CRUZ COUNTY BANKSanta Cruz County Bank, founded in 2004, is a locally owned and operated community bank with offices located in Aptos, Capitola, Santa Cruz, Scotts Valley and Watsonville. The Bank offers a variety of competitive deposit and lending solutions for businesses and individuals; including business loans, lines of credit, commercial real estate financing, agricultural loans, SBA and USDA government guaranteed loans, credit cards, merchant services, remote deposit capture, and online banking bill payment and cash management. For the past seven years, the Bank’s SBA Department has been recognized as a top SBA lender in Santa Cruz County for 7a and 504 loans.RATINGS & AWARDSThe Findley Reports, Inc.2012 – One of eleven “Exceptional Banks” in California2011 – “Super Premier Performing Bank”Bauer Financial Reports, Inc.Santa Cruz County Bank has also received the distinction of 4-Star “Excellent” and a 5-Star “Superior” by Bauer Financial Reports, Inc., for financial performance every quarter since 2007.For more information, visit www.sccountybank.com.Santa Cruz County Bank’s common stock is listed Over the Counter (OTCQB) under the stock symbol SCZC.
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