Category Archives: Steve Sefton

Not-So-Secret Secrets About Securing Business Bank Loans and Credit

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Go behind the scenes of the loan decision making process with our President and CEO Steve Sefton and our Senior Vice President Stephen Friedman as they join Wade Taylor at WS Radio’s Wealth Building Hour. Steve and Stephen share with listeners their honest advice and insight about how business owners can get loans and lines of credit from their bank. The first segment of the half hour has valuable information about why banks have to be right 100% of the time when it comes to their loan and credit decisions, and what kind of loan applicants will appeal to a bank. Click herescreen-shot-2016-09-13-at-11-07-51-am to listen.

Don’t miss the second segment of the show if you want to know what Robert Plant and Kobe Bryant have to do with loan risk ratings and why the acronym EBIDA could make or break your loan or credit application. Click herescreen-shot-2016-09-13-at-11-07-51-am to listen.

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screen-shot-2016-09-13-at-11-07-51-am Linking to Non-Regents Bank Websites

This icon appears next to every link that directs to a third party website not affiliated with Regents Bank. Please be advised that if you click this link you will be taken to a website hosted by another party, where you will no longer be subject to, or under the protection of, the privacy and security policies of Regents Bank. We recommend that you review and evaluate the privacy and security policies of the site that you are entering. Regents Bank assumes no liability for the content, information, security, policies or transactions provided by these other sites.

Our Clients Help Guide Our Charitable Giving

Regents Bank president Steve Sefton was recently interviewed by U-T San Diego about charitable giving. He explained that it’s Regents Bank’s clients who drive our giving decisions. By contributing money and time to causes important to our clients, our banking team has the opportunity to support not only a wide range of San Diego charities, but also further the philanthropic missions of our clients.

San Diego is fortunate to be rich both in charitable organizations doing great work and in citizens and businesses willing to step up to the plate to support them. The U-T San Diego articlescreen-shot-2016-09-13-at-11-07-51-am is a great reminder about the importance of charitable giving.

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screen-shot-2016-09-13-at-11-07-51-am Linking to Non-Regents Bank Websites

This icon appears next to every link that directs to a third party website not affiliated with Regents Bank. Please be advised that if you click this link you will be taken to a website hosted by another party, where you will no longer be subject to, or under the protection of, the privacy and security policies of Regents Bank. We recommend that you review and evaluate the privacy and security policies of the site that you are entering. Regents Bank assumes no liability for the content, information, security, policies or transactions provided by these other sites.

Regents Bank President Steve Sefton: Five Reasons You Should Be Using a Community Bank

Steve Sefton, President of Regents Bank

Steve Sefton, President of Regents Bank

Featured in a recent interview in SD Metroscreen-shot-2016-09-13-at-11-07-51-am Magazine’s July Banking Feature, Regents Bank President Steve Sefton touched on a number of advantages that local businesses enjoy by working with a local community bank instead of a national “big bank”.

Here are five take-aways from the interview that businesses should consider when making a decision to start a new banking relationship:

1.) A community bank’s mission is to invest in its community. Regents Bank and its employees not only assist many local businesses with their financial needs, but they are also very involved in making their community a better place to live and work.

2.) The personalization of banking services and relationships is much more likely to be found at a community bank. At Regents Bank it’s called “Consultative Banking”, and it’s centered not on pushing a product or service at a client, but first creating a relationship with a sincere interest in learning what the business owner’s short and long-term business goals and objectives are.

3.) The local community banker should hold a position on a business owner’s “advisory council” because of the banker’s ability to customize advice based on the knowledge they have because of the personal relationship they’ve developed with the business owner. Regents Bank’s professional staff certainly has the ability to be reactive when a client hits a “bump in the road”. But more important, our bankers are proactive and take the initiative to provide sound business advice which often helps our clients avoid those bumps.

4.) Relationships are more important than a lower interest rate. There will always be a bank dangling a lower interest rate, but is that more important than a close working relationship with a local banker? Not to mention community banks are much more efficient time-wise when processing business loan requests.

5.) Check your bank’s financial health regularly. Require your bank, whether it be a community bank or a “big bank”, to provide you with a “report card” every quarter so you aren’t caught off-guard if a financial problem with the bank arises.

Regents Bank has offices in San Diego, La Jolla, Carlsbad and El Cajon, CA as well as an office in Vancouver, WA.

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screen-shot-2016-09-13-at-11-07-51-am Linking to Non-Regents Bank Websites

This icon appears next to every link that directs to a third party website not affiliated with Regents Bank. Please be advised that if you click this link you will be taken to a website hosted by another party, where you will no longer be subject to, or under the protection of, the privacy and security policies of Regents Bank. We recommend that you review and evaluate the privacy and security policies of the site that you are entering. Regents Bank assumes no liability for the content, information, security, policies or transactions provided by these other sites.

 

 

Steven Sefton Named New President of Regents Bank

Steve Sefton, President of Regents Bank

Steve Sefton, President of Regents Bank

Regents Bank is pleased to announce the appointment of Steven D. Sefton as its new president. Dan Yates remains chief executive officer of the bank as well as president of Grandpoint Capital, Inc., the parent company of Regents Bank.

“Steve brings 28 years of Southern California banking experience to Regents,” said Yates. “I’ve enjoyed a close professional relationship with him for the past 17 years and am excited to work with him again and to have his leadership at Regents. Steve understands and shares Regents’ consultative banking philosophy and having him at the helm will be a very natural and seamless transition for our employees and clients.”

Thomas Young, chairman of the board of Regents Bank, added, “The board is very pleased to welcome
Steve to Regents. His experience and talent will be a tremendous asset to the bank and to our clients.”

Steve is equally excited to be an integral part of the Regents team. “It is a privilege to associate with a bank known for such high quality – quality clients and quality people,” he said.

Prior to joining Grandpoint Bank, Steve was senior vice president of Citizen’s Business Bank, managing one of the bank’s largest regional offices. He joined the bank as the first manager of the headquarters’ Commercial Banking Group, where he grew combined loans and deposits to just under $135 million in four years. From 1995 to 2008, Sefton worked for Mellon 1st Business Bank. In 2002, he was appointed regional vice president, managing a de novo commercial office he opened. Sefton and his team grew the office to over $200 million in loans and deposits in six years. From 1991 to 1995, he worked at Sanwa Bank as vice president and team leader. Sefton began his banking career at City National Bank, working at the Beverly Hills headquarters in 1984.

Steve serves on the board of one of the largest Boy Scouts Counsels in the country, the Aliso Pico Business Support Group, and is an auxiliary member of the City of Hope.

He is a 1984 graduate of the University of Texas where he received his Bachelor of Business Administration degree in Finance.

All of us at Regents Bank welcome Steve’s leadership and are looking forward to continuing the growth and prominence we’ve established over the past ten years as a leading bank for the business communities of San Diego and Vancouver, WA.

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