Monthly Archives: October 2017

Moving Mountains for an Organization that Builds Bridges



When parents can find quality, affordable childcare, it can literally change their lives. No one knows that better in the Los Angeles and San Bernardino area than Child Care Resource Center (CCRC). The organization builds bridges between local families and the services they need.

We are proud to be an integral part of CCRC’s recent purchase of a building in the Antelope Valley. We attended the ribbon cutting on September 27th and celebrated CCRC’s purchase of 250 Grand Cypress Avenue in Palmdale with the CCRC staff and other community supporters. CCRC was already leasing the building to house some of its administrative functions, and watching them transition to owning the building was tremendously rewarding.

Using Municipal Bond financing, CCRC secured a loan through Grandpoint Bank to buy the building and ensure that more than 70 members of its staff could remain at that location. This seamless transition in location means nothing will interrupt their good work to provide child care financial assistance, training, technical assistance and other workforce development opportunities. The CCRC staff at this location also work with the Palmdale School District to offer Head Start preschool and wraparound services.

By using this unique loan structure and transitioning to mortgage payments rather than lease payments, CCRC will reduce its costs. Any boost to the bottom line means an already phenomenal agency can provide even more help to tens of thousands of families each month, such as securing childcare referrals, sending parents back to work, reducing childhood obesity and generally supporting the welfare of children throughout Northern Los Angeles and San Bernardino counties.

“CCRC had some special loan requirements, so we all moved mountains to make sure the organization could rely on Grandpoint to support the type of loan that would best suit the long-term sustainability of the organization and to provide the banking services it needed,” said Arlet Hur, Senior Vice President at Grandpoint Bank.

Grandpoint and its divisions work with many non-profit organizations throughout Southern California, Arizona and Western Washington.

“We genuinely love working with non-profit organizations, and we’ve tailored a lot of our services specifically to them, including our non-profit money market account,” Arlet added.

Founded in 1976, CCRC services a 22,500-square-mile area and provides tens of thousands of child care referrals each year. The organization maintains a book/toy/resource lending library; offers programs for combatting obesity; provides preschool education, meals and medical and vision exams for kids; offers training to help childcare providers, other non-profits and families; promotes literacy through various programs; and even provides gifts for kids who may not otherwise receive any.

To learn more about how you can support CCRC and its wonderful programs, visit its website at


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Building a packaging industry leader around an out-of-the-box idea


Working in banking provides a unique opportunity to learn about many, diverse businesses that help power regional and even national economies. Our client U.S. Merchants Financial Group and Diversified Repackaging (USM), which operates from a corporate office located in Beverly Hills, Calif., and five manufacturing, packaging and distribution facilities throughout North America, is a great example.

USM creates something almost everyone has seen but which most of us take for granted since it has become such a ubiquitous part of the warehouse club and “big box” shopping experience. Think Costco®, Sam’s Club®, B.J.’s® Wholesale Clubs, Walmart® and Target®.

USM pioneered and patented the Pallet Program system in which popular consumer products are packaged and presented for sale on stacked pallets. The store simply removes the exterior wrap, and the product is ready to be merchandised. Beyond the ingenuity of creating this streamlined packaging model, USM’s success was forged in part because the company offers customers a turnkey solution that includes everything from package and graphic design to manufacturing and distribution. This enables them to offer clients a consistently superior level of quality and service, and to remove the worry of managing a multi-company supply chain. Over the years, the company has built strong relationships with retail buyers and executives, who rely upon USM owners Jeff and Marie Green not only for services, but also for advice about nearly every aspect of retailing, packaging and distribution. The Greens also consider manufacturers and warehouse club members as important stakeholders in the success of their business.

In addition to its Pallet Program, the company also manufactures a popular line of plastic consumer storage containers under the Greenmade™ brand name that are sold at major retailers across the United States.

When Jeff and Marie founded USM in 1983, they built the business upon strong customer relationships and exacting standards of quality and integrity. It’s an approach shared by Grandpoint Bank and Jocelyn Pastore, Regional President, who oversees the bank’s Los Angeles region.

The Greens began banking with Grandpoint in 2010. Grandpoint has provided financing for the Greens and their business ever since. The flexible financing offered by Jocelyn and the Grandpoint team has helped the Greens advance their personal and business goals and propagate the “Jeff Green Standard” — a high standard of design, manufacturing and delivery of products to USM’s retail customers. Facilities are immaculate, with meticulous attention to quality and detail that fuels a thriving and expanding operation. The Greens apply this high standard to all that they do, including the management of their personal and business real estate assets.

As successful, self-made business owners, Jeff and Marie are committed to their employees. When it was time to expand their Ontario, Calif. operations, they chose to remain in the community in order to retain the employees who work at that location. In late 2015, Grandpoint provided the financing for the plant expansion at USM’s Ontario location, helping them to add to their 270,000 square-foot operations by purchasing a second, 182,000-square-foot building.

We’re proud to work with the Greens and so many other local business people who are providing products, resources and employment opportunities to our communities.