Five Star Bancorp invests in San Francisco Bay Area expansion strategy by hiring three commercial banking professionals, and receives eight new awards
12 Juin 2024 - 6:30PM
Five Star Bancorp (Nasdaq: FSBC) (“Five Star” or the “Company”),
announced the hiring of a team of three seasoned commercial banking
professionals in San Francisco to advance the Company’s expansion
strategy in the San Francisco Bay Area. This announcement comes
ahead of the opening of the Company’s full-service office at 345
California Street, San Francisco, which is expected in the third
quarter of 2024. This also comes as the company celebrates numerous
awards and recognition.
“We’re pleased to welcome Chris Rudberg, Senior
Vice President / Managing Director; Greg Kogan, Senior Vice
President / Managing Director; and Desiree Ciochon, Vice President
/ Senior Relationship Manager. As we expand our team, we continue
to provide the San Francisco Bay Area entrepreneurial community
with the high-touch and highly personalized concierge banking
experience they expect. Our clients can count on our team to listen
to and support their interests,” said DJ Kurtze, Senior Vice
President / San Francisco Bay Area President.
In 2024, the Company and its employees received
numerous awards and recognition. The employee awards include:
- Five Star Bank President and CEO,
James Beckwith, was listed on the Sacramento Business Journal’s
Power 100 List
- Senior Vice President / Chief
Financial Officer, Heather Luck, received a Sacramento Business
Journal C-Suite award
- Senior Vice President / Chief
Operations Officer & Chief DE&I Officer, Lydia Ramirez,
received the National Association of Women Business Owners
Outstanding Women Leader’s Executive award
- Senior Vice President / Sacramento
Valley Market President, Lakhwinder Kaur, received the Sacramento
Business Journal’s Women Who Mean Business award
- Senior Vice President / San
Francisco Bay Area President, DJ Kurtze, was listed on the
Independent Community Bankers of America 40 Under 40: Emerging
Community Bank Leaders awards 2024.
The Company also received these awards:
- The 2024 Greater Sacramento
Economic Council’s Sustainability Award recognizing Five Star
Bank’s support of industry growth in the Greater Sacramento
region
- The prestigious 2023 Raymond James
Community Bankers Cup
- The S&P Global Market
Intelligence 2023 Top 50 Best-Performing Community Banks in the
nation, ranking number 20 (banks with assets between $3 billion and
$10 billion).
“These awards are emblematic of Five Star Bank’s
recognition as a driving force for economic development, a trusted
resource for our customers and a committed advocate for our
community. We are humbled and proud of our team’s accomplishments,”
said James Beckwith, President and Chief Executive Officer.
About Five Star BancorpFive
Star is a bank holding company headquartered in Rancho Cordova,
California. Five Star operates through its wholly owned banking
subsidiary, Five Star Bank. The Bank has seven branches in Northern
California. For more information visit
https://www.fivestarbank.com/.
Forward-Looking StatementsThis
press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements represent plans, estimates,
objectives, goals, guidelines, expectations, intentions,
projections, and statements of the Company’s beliefs concerning
future events, business plans, objectives, expected operating
results, and the assumptions upon which those statements are based.
Forward-looking statements include without limitation, any
statement that may predict, forecast, indicate, or imply future
results, performance, or achievements, and are typically identified
with words such as “may”, “could”, “should”, “will”, “would”,
“believe”, “anticipate”, “estimate”, “expect”, “aim”, “intend”,
“plan” or words or phases of similar meaning. The Company cautions
that the forward-looking statements are based largely on the
Company’s expectations and are subject to a number of known and
unknown risks and uncertainties that are subject to change based on
factors which are, in many instances, beyond the Company’s control.
Such forward-looking statements are based on various assumptions
(some of which may be beyond the Company’s control) and are subject
to risks and uncertainties, which change over time, and other
factors, which could cause actual results to differ materially from
those currently anticipated. New risks and uncertainties may emerge
from time to time, and it is not possible for the Company to
predict their occurrence or how they will affect the Company. If
one or more of the factors affecting the Company’s forward-looking
information and statements proves incorrect, then the Company’s
actual results, performance, or achievements could differ
materially from those expressed in, or implied by, forward-looking
information and statements contained in this press release.
Therefore, the Company cautions you not to place undue reliance on
the Company’s forward-looking information and statements. Important
factors that could cause actual results to differ materially from
those in the forward-looking statements are set forth in the
Company’s Annual Report on Form 10-K for the year ended
December 31, 2023 and Quarterly Report on Form 10-Q for the
quarter ended March 31, 2024, in each case under the section
entitled “Risk Factors,” and other documents filed by the Company
with the Securities and Exchange Commission from time to time.
The Company disclaims any duty to revise or
update the forward-looking statements, whether written or oral, to
reflect actual results or changes in the factors affecting the
forward-looking statements, except as specifically required by
law.
Investor Contact:Heather C. Luck, Chief
Financial OfficerFive Star Bancorp (916)
626-5008hluck@fivestarbank.com
Media Contact:Shelley R. Wetton, Chief
Marketing OfficerFive Star Bancorp(916)
284-7827swetton@fivestarbank.com
Five Star Bancorp (NASDAQ:FSBC)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Five Star Bancorp (NASDAQ:FSBC)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024