Best Bank in California

By Santa Cruz County Bank, Special for  USDR

Santa Cruz County Bank (OTCQX: SCZC) is pleased to announce it was recently named the top bank for asset quality and non-performing assets and second in California for Overall Bank Performance in 2015. FMC – Financial Management Consulting Group ranks all 185 California banks on a quarterly and annual basis based on a variety of factors including: margin, efficiency, asset quality and earnings.  This is the second consecutive year Santa Cruz County Bank has ranked in FMC’s Top Ten for annual  performance.

Santa Cruz County Bank was ranked 1st for lowest non-performing assets and 1st in asset quality compared to all other Californiabanks. Overall Bank Performance is compiled from each bank’s performance in categories such as return on equity, return on assets, asset quality, efficiency, non-interest expense, non-interest income and net interest  income.

Santa Cruz County Bank President and CEO David Heald stated, “We are very pleased to be recognized as a top performer for the hard work and dedication of our Management and employees. We pride ourselves on consistent top tier performance, with a focus on our community and building shareholder  returns.”

Timothy Finn, President of FMC stated, “We measure eight (8) different metrics to determine overall performance rankings. For a Bank to be ranked in the top ten in the State means they do everything well, not just one or two  things.”

FMC – Financial Management Consulting Group, based in Kentucky is a 28 year old firm that provides consulting and reporting for financial institutions throughout the United States.  For the complete list of Top Ten FMC rankings, visit and click on the State of  California.

Santa Cruz County Bank, founded in 2004, is a locally owned and operated community bank with offices located in Aptos,Capitola, Santa Cruz, Scotts Valley and Watsonville. The bank offers a variety of competitive deposit and lending solutions for businesses and individuals; including business loans, lines of credit, commercial real estate financing, agricultural loans, SBA and USDA government guaranteed loans, credit cards, merchant services, remote deposit capture, mobile and online banking, bill payment, and cash management. For the past nine years, the Bank’s SBA Department has been recognized as a top SBA lender in Santa Cruz County. Santa Cruz County Bank is a top USDA lender in the state of  California.

Santa Cruz County Bank stock is publicly traded on the OTCQX marketplace under the stock symbol SCZC. Stock purchase orders may be placed through a brokerage firm or one of the Market Makers listed in the Investor Relations section of the bank’s website. For more information about Santa Cruz County Bank, please visit our website

This release may contain forward-looking statements that are subject to risks and uncertainties. Such risks and uncertainties may include but are not necessarily limited to fluctuations in interest rates, inflation, government regulations and general economic conditions, and competition within the business areas in which the Bank is conducting its operations, including the real estate market in California and other factors beyond the Bank’s control. Such risks and uncertainties could cause results for subsequent interim periods or for the entire year to differ materially from those indicated. Readers should not place undue reliance on the forward-looking statements, which reflect management’s view only as of the date hereof. The Bank undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or  circumstances.

SOURCE Santa Cruz County  Bank

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