Santa Cruz County Bank Makes American Banker Magazine’s Top 200 List for Sixth Straight Year
New Headquarters of Santa Cruz County Bank
Santa Cruz County Bank announced today its rank as 12th in the Top Performing 200 Community Banks and Thrifts in the United States. This is the sixth consecutive year Santa Cruz County Bank has ranked in the Top 200 Community Banks and Thrifts in the United States. Performance data and rankings were released in American Banker Magazine’s May 2019 publication.
A total of 601 publicly traded institutions, with less than $2 billion in assets, were included in the nationwide ranking. Ranking was based upon 3-year average return on equity for the years ending December 31, 2016, 2017 and 2018.
Santa Cruz County Bank ranked 4th in the state out of a total of 26 California banks ranked in American Banker Magazine’s Top 200 Community Bank list. The median 3-year return on average equity for the top 200 banks was 9.89% compared to a median of 6.95% for all 633 institutions. Santa Cruz County Bank’s 3-year average return on equity was 12.97%.
David Heald, President and CEO commented, “In the past six years we have progressed from 115th in rank to 12th in the nation. Our continuous improvement is the result of our focus and commitment to maintain top performance within our industry. Our Board of Directors, our Management team and our entire staff are to be commended for our performance.”
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Recent Community Awards and Recognition
- Santa Cruz Chamber of Commerce, 2018 Business of the Year Award.
- Farm Bureau of Santa Cruz County, 2018 Al Smith Friend of Agriculture Award, for support of the agricultural industry and providing access to capital.
- Second Harvest Food Bank, Platinum Level Award for the Bank’s 2018 Holiday Food & Fund Drive.
- Voted “Best Bank” by the readers of Good Times for the Best of Santa Cruz County 2019 Awards, for the seventh consecutive year.
- Voted “Favorite Bank” by the readers of Santa Cruz Waves Magazine for the 2019 Swellies Awards.
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Santa Cruz County Bank, founded in 2004, is a top rated, locally owned and operated full-service community bank headquartered in Santa Cruz, California. The bank operates five branches located in Aptos, Capitola, Santa Cruz, Scotts Valley and Watsonville. For more information about Santa Cruz County Bank, visit www.sccountybank.com.