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Stock impact report

West Coast Community Bancorp and 1st Capital Bancorp Announce Completion of Merger [Yahoo! Finance]

Capital Bancorp, Inc. (CBNK) 
Last capital bancorp, inc. earnings: 4/30 07:59 am Check Earnings Report
Company Research Source: Yahoo! Finance
SANTA CRUZ, Calif. Oct. 1, 2024 /PRNewswire/ -- West Coast Community Bancorp ("Bancorp" OTCQX: SCZC), parent company for Santa Cruz County Bank ("Bank"), and 1st Capital Bancorp, parent company for 1st Capital Bank, today announced the successful completion of their previously announced merger. On October 1, 2024 , 1st Capital Bancorp merged with and into Bancorp and 1st Capital Bank merged with and into Bank. Banking offices for 1st Capital Bank will operate as "a division of Santa Cruz County Bank" until the launch of a new bank name in the second quarter of 2025. All branches of the combined bank will be rebranded as West Coast Community Bank. The new brand reflects the Bank's commitment to serving a larger territory while maintaining its community bank focus and personalized service delivery. Kurt J. Gollnick and Daniel R. Hightower , M.D., former Chairman and Vice Chairman of 1st Capital Bancorp and 1st Capital Bank, respectively, have joined the boards of Bancorp and Bank. Show less Read more
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