Tri Counties Bank Completes Acquisition of Three More Branches along the North Coast of California
March 22 2016 - 12:21PM
Business Wire
TriCo Bancshares (NASDAQ:TCBK) announced today that its
subsidiary, Tri Counties Bank, has completed the acquisition of
three branches on the North Coast of California from Bank of
America.
The new Tri Counties Bank branches are located in the cities of
Arcata, Eureka, and Fortuna in Humboldt County. The bank assumed
$161 million in deposits and purchased $323 thousand in loans.
“We welcome our new customers and employees to our expanded
North Coast branch network,” stated Rick Smith, TriCo Bancshares
President and CEO. With assets over $4.2 billion, Tri Counties Bank
serves individuals, families, businesses and communities throughout
Northern and Central California, including seven branches along the
North Coast of California extending from Crescent City to Ferndale.
Customers also have access to their accounts through a nationwide
network of over 25,000 surcharge-free ATMs, online banking and
mobile banking that includes check deposit capabilities through
mobile devices and phone connection to live bankers 7 days per
week.
About TriCo Bancshares and Tri Counties Bank
Established in 1975, Tri Counties Bank is a wholly-owned
subsidiary of TriCo Bancshares (NASDAQ:TCBK) headquartered in
Chico, California, providing a unique brand of customer Service
with Solutions available in traditional stand-alone and in-store
bank branches in communities throughout Northern and Central
California. Tri Counties Bank provides an extensive and competitive
breadth of consumer, small business and commercial banking
financial services, along with a nationwide surcharge-free network
of more than 25,000 ATMs, as well as online and mobile banking
access. The bank’s brokerage and investment services are provided
through affiliation with Raymond James Financial Services, Inc.
Visit www.TriCountiesBank.com to learn more.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160322006255/en/
Tri Counties BankMichael Murphy, 530-332-2333Cell:
805-453-7242michaelmurphy@tcbk.comwww.TriCountiesBank.com
TriCo Bancshares (NASDAQ:TCBK)
Historical Stock Chart
From Jun 2024 to Jul 2024
TriCo Bancshares (NASDAQ:TCBK)
Historical Stock Chart
From Jul 2023 to Jul 2024