Santa Cruz County Bank announced that Richard Aiello has joined as Senior Vice President of the company and will be Regional Manager as SCCB begins expansions into the Salinas and Monterey Peninsula regions.
With assets over $1 billion, SCCB (OTC: SCZC) is a top rated community bank headquartered in Santa Cruz County.
Richard Aiello
Mr. Aiello will be based in Monterey County, where he will be responsible for leading the Bank’s expansion efforts by developing new relationships and expanding existing business relationships in Salinas and the Monterey Peninsula. The Bank is actively in the process of opening a full-service banking office within this market area. SCCB has the capacity to lend up to $30 million per relationship and is recognized as a top SBA and USDA lender in California.
Mr. Aiello has an extensive education and professional background in finance, credit analysis and branch management. Most recently, Mr. Aiello was Senior Vice President, Regional Manager for Mechanics Bank (formerly Rabobank) for six years where he was responsible for 14 branches extending from King City to San Jose, including the Monterey Peninsula and Salinas branches.
Mr. Aiello obtained a Bachelor’s Degree in Finance from Cal Poly San Luis Obispo, and graduated from Pacific Coast Banking School at the University of Washington in 2013.
“Santa Cruz County Bank is well known in the region and in the industry as a leading lender with exceptional financial ratings. I am extremely honored to join Santa Cruz County Bank,” Mr. Aiello said. “I look forward to contributing to the Bank’s expansion efforts in the Salinas and Monterey Peninsula regions and continuing to deliver banking services to meet the needs of individuals and businesses along the Central Coast and Salinas Valley. Santa Cruz County Bank’s extensive knowledge in USDA and FSA lending will especially benefit the predominant growers and agricultural businesses in this region.”
An active community volunteer, Mr. Aiello currently serves on the Impact and Investment Committee for the Community Foundation of Monterey County and the Board of Pasadera HOA. In the past, he has served as a Board member of the Monterey Peninsula Chamber of Commerce, Notre Dame High School in Salinas, Monterey County Free Libraries, Italian Festival of Santa Rosalia – Monterey, and is a former Rotarian of both the Castroville Rotary Club and the Monterey Cannery Row Club.
“Rich is a well- known banker and commercial lender throughout the Salinas and Monterey area,” said Fred Caioccia, SCCB Executive Vice President and Regional Credit Officer. “His understanding of relationship banking is a perfect fit with Santa Cruz County Bank’s unique style of doing business for the long term through relationship and community building. His experience and skills for developing long-term relationships with borrowers and depositors and the community at large are an asset to the Bank. We look forward to Rich’s contributions to the Bank’s expansion in the Salinas and Monterey regions and to serving the community in the years ahead.”
Mr. Aiello resides in Monterey with his wife and three children.
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For more information about Santa Cruz County Bank, visit www.sccountybank.com.