Bank of Commerce Holdings (BOCH) is a $630 million financial services holding company and the parent company of Redding Bank of Commerce, Roseville Bank of Commerce, Sutter Bank of Commerce and Bank of Commerce Mortgage, has announced the pending closing of Sutter office on April 17, 2009. In an attempt to fine-tune operations, all deposits and loans held at the said facility will be transferred to the Roseville Bank of Commerce, situated at 1504 Eureka Road, Suite 100, Roseville, California 95661, as mentioned in globeinvestor.com.
Patrick Moty, president and CEO of Bank of Commerce Holdings, said: We believe that 2008 and beyond may be redefining the financial services industry. Consolidating the offices better positions our Company for future growth. Depositors may continue to access their accounts anytime through debit cards, checks and online banking features.
Bank of Commerce Holdings (the Holding Company) is a financial holding company (FHC) registered under the Bank Holding Company Act of 1956, as amended, and was incorporated in California on January 21, 1982.
Bank of Commerce and LPL Financial together offer a wide variety of financial products and services, including professional money management, financial planning, stocks, bonds mutual funds, annuities, life insurance and long term care.
Bank of Commerce Holdings launched its first bank branch, Redding Bank of Commerce, in 1982. It provides personal and business banking.
