Business Digest: Santa Cruz County Bank ranked 12 of 200 banksMay 28, 2019
Santa Cruz County Bank recognized in American Banker Magazine
Santa Cruz County Bank has ranked as 12th in the Top Performing 200 Community Banks and Thrifts in the United States. This is the sixth consecutive year that the bank has ranked in this category. Santa Cruz County Bank ranked fourth in the state out of a total of 26 California banks ranked in American Banker Magazine’s Top 200 Community Bank list. Ranking is based upon a three year average return on equity for the end of 2016, 2017 and 2018. Santa Cruz County Bank’s return on equity was 12.97%. The nationwide ranking included 601 publicly traded institutions with less than $2 billion in assets. The median three-year return on average equity for the top 200 banks was 9.89% compared to a median of 6.95% for all institutions.
Santa Cruz County Bank was founded in 2004 and is a locally owned and operated full-service community bank headquartered in Santa Cruz, California. The bank operates five branches in Aptos, Capitola, Santa Cruz, Scotts Valley and Watsonville. The bank offers business loans, lines of credit, commercial real estate financing, agricultural loans, Small Business Administration and USDA government guaranteed loans and more. Information: visit sccountybank.com.