First Choice Bank Named in 2020 Best Banks to Work For by American Banker
29 Octobre 2020 - 2:00PM
(Nasdaq Capital Markets: FCBP) - First Choice Bancorp, the
holding company for First Choice Bank (the “Bank” or “First
Choice”), today announced that the Bank has been named one of
American Banker’s Best Banks to Work For in 2020. For the third
year in a row, First Choice Bank has the distinction of being the
only bank located in Southern California to be named to this
prestigious list and is one of only two banks in the entire state
to be recognized. Full results of this year’s program are available
online at American Banker
(https://www.americanbanker.com/list/best-banks-to-work-for) and in
the October issue of American Banker Magazine.
“First Choice Bank being named one of American
Banker’s 2020 Best Banks to Work For is truly an honor and means
even more because we received it based on our employees’ own
responses,” said President & CEO Robert Franko. “Our team has
worked harder than ever this year, putting in long hours to assist
our clients with Paycheck Protection Program and Main Street
Lending Program loans to help save their businesses and thousands
of jobs for their employees during this pandemic, as well as to
volunteer their time to help local charitable organizations
assisting those most impacted by COVID-19. We are incredibly proud
of this exceptional group of individuals and their continued
efforts. They have really gone above and beyond this year,” Mr.
Franko added.
The Best Banks to Work For program, which was
initiated in 2013 by American Banker and Best Companies Group,
identifies, recognizes and honors U.S. banks for outstanding
employee satisfaction. Determining the Best Banks to Work For
involves a two-step process. The first step involves an evaluation
of participating companies’ workplace policies, practices, and
demographics. In the second step, employee surveys are conducted to
directly assess the experiences and attitudes of individual
employees with respect to their workplace. The combined scores
determine the top banks and the final ranking.
Chairman Hui noted, “Even with our considerable
growth over the last few years, each and every First Choice
employee is an important and critical partner of the Bank. Given
all of the challenges this year has brought, we are heartened to
hear that the work environment we have provided continues to be a
place where our team members can thrive. It highlights the Bank’s
core commitment to serve our employees, clients, shareholders and
communities in the best ways possible.”
Best Companies Group’s annual ranking recognizes
the financial institutions that have leadership teams that
continually put their employees first and make having a
collaborative workplace a priority. “One of the critical factors in
a bank's success is how it treats its employees. This year's list
honors those institutions which have gone above and beyond to
invest in employees' personal and professional growth,” said Alan
Kline, editor in chief of American Banker.
About First Choice Bancorp
First Choice Bancorp, headquartered in Cerritos,
California, is the sole shareholder of and the registered bank
holding company for, First Choice Bank. As of September 30, 2020,
First Choice Bancorp had total consolidated assets of $2.26
billion. First Choice Bank, also headquartered in Cerritos,
California, is a community-based financial institution that serves
primarily commercial and consumer clients in diverse communities
and specializes in loans to small- to medium-sized businesses and
private banking clients, commercial and industrial loans, and
commercial real estate loans, with a specialization in providing
financial solutions for the hospitality industry. First Choice Bank
is proud to be designated by the FDIC as a Minority Depository
Institution (MDI) and to be certified through the U.S. Department
of the Treasury as a Community Development Financial Institution
(CDFI). First Choice Bank is a strong believer in social justice
and equality and is proud of its cultural- and gender-diverse
workforce. As of September 30, 2020, more than 71% of the Company's
total workforce identified as ethnic minorities and more than 66%
of its workforce and more than 50% of its senior management
identified as female. First Choice Bank is a Preferred Small
Business Administration (SBA) Lender. First Choice Bank conducts
business through nine full-service branches and two loan production
offices located in Los Angeles, Orange and San Diego Counties.
Founded in 2005, First Choice Bank has quickly become a leading
provider of financial services that enable our customers to grow,
maintain strength, and achieve their business objectives. We strive
to surpass our clients’ expectations through our efficiency,
personalized services and financial solutions and professionalism
and are committed to being “First in Speed, Service, and
Solutions.” First Choice Bancorp stock is traded on the Nasdaq
Capital Market under the ticker symbol “FCBP.”
First Choice Bank’s website is www.FirstChoiceBankCA.com.
FORWARD-LOOKING STATEMENTS
The statements contained herein that are not
historical facts are forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995 and are
based on management’s current expectations and beliefs concerning
future developments and their potential effects on the Company
including, without limitation, plans, strategies and goals, and
statements about the Company’s expectations regarding revenue and
asset growth, financial performance and profitability, loan and
deposit growth, yields and returns, loan diversification and credit
management, shareholder value creation and tax rates. There can be
no assurance that future developments affecting the Company will be
the same as those anticipated by management. Actual results may
differ materially from those set forth in the forward-looking
statements due to a variety of factors, including the risk factors
described in documents filed by the Company with the Securities and
Exchange Commission.
The Company does not undertake, and specifically
disclaims any obligation, to update any forward-looking statements
to reflect occurrences or unanticipated events or circumstances
after the date of such statements except as required by law. Any
statements about future operating results, such as those concerning
accretion and dilution to the Company's earnings or shareholders,
are for illustrative purposes only, are not forecasts, and actual
results may differ.
CONTACT
First Choice Bank Robert M. Franko, 562.345.9241 President &
Chief Executive Officer
Khoi D. Dang, 562.263.8336 Executive Vice President &
General Counsel
First Choice Bancorp (NASDAQ:FCBP)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
First Choice Bancorp (NASDAQ:FCBP)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024