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Founders Community Bank changes its name

By   /  Thursday, July 29th, 2021  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Founders Community Bank changes its name

Founders Community Bank, which has two branches in San Luis Obispo County, has rebranded as Premier Valley Bank. In a July 29 news release, the bank announced the name change but said that ownership and leadership will remain unchanged. The Fresno-based bank attributed its decision to rebrand as a way to unite its banking centers Read More →

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Central Coast bank merger wave rolls on

By   /  Friday, November 4th, 2016  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Central Coast bank merger wave rolls on

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Founders Community Bank in SLO being acquired

By   /  Monday, October 31st, 2016  /  Banking & Finance, Banking Industry, Central Coast, Latest news, Tri-County Economy  /  Comments Off on Founders Community Bank in SLO being acquired

Fresno-based Premier Valley Bank will acquire San Luis Obispo-based Founders Community Bank in a stock-and-cash transaction valued at approximately $29.1 million, or $21.87 per share, the companies announced on Oct. 31. The parent company of Premier, Heartland Financial USA, aims to acquire Founders, a wholly-owned subsidiary of Founders Bancorp, in a 70 percent stock and Read More →

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Founders earnings jump in Q1

By   /  Wednesday, April 11th, 2012  /  Banking & Finance, Banking Industry, Earnings, Latest news  /  Comments Off on Founders earnings jump in Q1

San Luis Obispo-based Founders Community Bank earned $189,000 in the first quarter, up 220 percent from the $86,000 it earned in the first quarter a year earlier. The bank also announced plans to open a new Morro Bay branch. Loans and deposits were up during the quarter, with noninterest-bearing deposits climbing by $7 billion, CEO Read More →

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