Grandpoint Bank Celebrates Fifth Anniversary
Five years ago this month, Grandpoint Bank first opened its doors in Los Angeles. With just $97 million in assets at the end of that first year, Grandpoint has grown into a nearly $3 billion bank with 14 banking offices in three states… in just five years. We are grateful for the outstanding community banks that became part of the Grandpoint family during that period, for the talent and time our entire team continues to invest in our success and, of course, for our wonderful clients.
Through our community bank divisions — Bank of Tucson, Regents Bank, and The Biltmore Bank of Arizona – our roots run deep in the communities we serve. And many of our client relationships date back decades, the result of the close collaborations cultivated by the talented and experienced bankers who have become part of the Grandpoint team.
We began our initial acquisition phase in 2010, combining the resources and talents of select community banks, each with a well-earned reputation for taking great care of clients. We completed the subsequent consolidation phase in 2014, having incorporated 11 financial institutions into Grandpoint Bank. Today, our size and capital strength enable us to offer our clients the advantages of higher lending limits and the benefits of expanded capabilities, while working with the same familiar bankers they have come to know and trust through the years.
Our story has been much like those of our clients – building a business from the ground up. Because we know what it takes to launch and run a business successfully, we go above and beyond to make things work well for our clients.
We are now focused on our continued growth, building on our strong financial performance and helping our clients build their businesses. We are proud of the institution we’ve created, the progress we’ve made and the value we’ve brought to our clients.Thank you to everyone who has helped Grandpoint Bank reach our fifth anniversary.