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Tri Counties Bank Announces Business and Commercial Banking Expansion

CHICO, Calif.--(BUSINESS WIRE)--Tri Counties Bank has restructured its business and commercial management teams to provide more specialized expertise and superior service for California businesses. This move strengthens Tri Counties Bank’s ability to better serve businesses of all sizes with streamlined access to specialized lending, helping businesses scale faster, navigate market fluctuations, and seize growth opportunities.

“Tri Counties Bank is uniquely positioned to serve the diverse needs of businesses of all sizes across California,” Myers said. “Our goal is to continue to deliver upon our successful service model of true relationship-based banking.” #MemberFDIC

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The restructuring ensures businesses receive tailored financial solutions at every stage of growth:

  • Business Banking, for businesses between $2 million and $10 million in revenue
  • Commercial Banking, for businesses between $10 million and $50 million in revenue
  • Middle Market and Specialty Banking, for businesses with annual revenues greater than $50 million

Scott Myers, Head of Wholesale Banking at Tri Counties Bank, led the strategic reorganization of the business banking divisions, bringing more than 25 years of experience to reshape how California businesses receive financial services.

“Tri Counties Bank is uniquely positioned to serve the diverse needs of businesses of all sizes across California,” Myers said. “Our goal is to continue to deliver upon our successful service model of true relationship-based banking.”

This restructuring directly reflects the needs of businesses throughout California that value relationship-based banking with experts who can tailor products to fit their unique needs. Tri Counties Bank appointed senior leaders with vast experience to oversee specialized industry-focused teams:

  • Aytom Salomon, Managing Director of Middle Market and Specialty Banking
  • Lindsey Fudge, Managing Director of Middle Market Commercial Real Estate
  • Vanessa Ryan, Director of Public Sector Banking
  • Brett Lew, Director of Food and Agribusiness Banking

Businesses interested in learning more about how these new specialized services can support their financial growth can visit TriCountiesBank.com or call 1-800-982-2660.

About Tri Counties Bank

Established in 1975, Tri Counties Bank is a wholly-owned subsidiary of TriCo Bancshares (NASDAQ: TCBK), headquartered in Chico, California with corporate offices in Roseville, South San Francisco, and Bakersfield, with assets of nearly $10 billion and 50 years of financial stability. Tri Counties Bank is dedicated to providing exceptional service for individuals and businesses throughout California with more than 75 locations, advanced mobile and online banking, and access to approximately 40,000 surcharge-free ATMs nationwide. As California’s Local Bank, Tri Counties Bank prioritizes serving clients with local bankers and local decision-making, backed by corporate philanthropy, community engagement, employee volunteerism and investments. Recognized by various publications as among the Top Workplaces and Best Banks, Tri Counties Bank recruits and retains diverse and talented team members. Visit TriCountiesBank.com to learn more. Member FDIC. Equal Housing Lender. NMLS #458732.

Contacts

Megan Sheehan, AVP, Public Relations Manager
MeganSheehan@tcbk.com
(530) 332-2330

Tri Counties Bank

NASDAQ:TCBK
Details
Headquarters: Chico, California
CEO: Richard Smith
Employees: 1000
Organization: PUB
Revenues: 224,625,000 (2017)
Net Income: 40,554,000 (2017)

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Contacts

Megan Sheehan, AVP, Public Relations Manager
MeganSheehan@tcbk.com
(530) 332-2330

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