A Historic Day for Regents Bank and Grandpoint Capital
This past Friday, January 27th, 2012 the merger between Grandpoint Capital and Regents Bancshares was officially completed. The many benefits of this merger now become officially available to Regents Bank clients and employees. Both organizations are very excited about the partnership and offering Regents’ clients the combined talents of our people and our financial resources as part of our continuing commitment to be the premier San Diego business bank. The finalized merger will also benefit our valued client base served by our very successful branch office in Vancouver, WA.
Later this year California Community Bank will also become part of the Grandpoint Capital family and their San Diego branch offices will be merged into the Regents Bank family, allowing Regents to expand our footprint throughout San Diego County.
It was also announced Friday that Regents Bank President and CEO Dan Yates has been named as President of Grandpoint Capital by their board of directors. As stated by Grandpoint CEO Don Griffith in the Grandpoint press release of January 27th, “Dan is an accomplished banker whose experience and insights will be invaluable to Grandpoint Capital as we continue to grow our organization,” said Griffith. “Dan has been very successful in establishing a unique style of consultative banking at Regents, which he will help us introduce to the sales culture at Grandpoint Bank.”
Regents Bank is very proud to have Dan Yates as a leader and visionary and we are very happy for him as he will now be sharing those same qualities with Grandpoint, ultimately benefiting all offices operating under the Grandpoint umbrella.