Heritage Oaks Bank Moves to New Cambria Location - 02/07/2014
For Immediate Release
Contact: Simone Lagomarsino, President & CEO
Heritage Oaks Bank Moves to New Cambria Location
PASO ROBLES, CA – Heritage Oaks Bank, the wholly-owned bank subsidiary of Heritage Oaks Bancorp (Nasdaq: HEOP), announced the opening of the Bank’s relocated Cambria Branch to 2255 Main Street in Cambria as of February 10, 2014. The branch was previously located at 1276 Tamson Drive.
According to Simone Lagomarsino, President and CEO of Heritage Oaks Bank and Heritage Oaks Bancorp, “We’re so pleased to be moving into this new location. When we had the opportunity to purchase Bank of America’s building, we took immediate action and we have invested in remodeling the branch to better suit the needs of our customers. This office’s central location and amenities are far superior to our previous location and that allows us to better serve our local customers. In addition, since we own the property rather than lease it, we are further demonstrating our commitment to Cambria. We are also very pleased that our manager, Kristin Kearns, and the same team remain and we know the staff and customers will enjoy this new office.”
The new location is easily accessible in the heart of Cambria and offers a night depository and a full-service ATM in addition to a conference room that is available for local non-profit organizations to use. The new branch will continue to offer a complete range of financial services including deposit services, consumer and commercial lending, agribusiness services, residential and commercial real estate loans, SBA financing, and cash management services.
Kristin Kearns, Assistant Vice President & Cambria Branch Manager, added, “We are very excited to welcome our customers to this beautiful new office. In addition to the larger lobby area and the new ATM, we also have a large conference room that local non-profit community organizations can use for their meetings. Our entire team is looking forward to being even more accessible and to increasing our relationships here in Cambria. We invite community members to come in and see our new branch.”
For further information, visit www.heritageoaksbank.com or call the Cambria branch at (805) 927-1135.
About the Company
Heritage Oaks Bancorp is the holding company for Heritage Oaks Bank. Heritage Oaks Bank has its headquarters and two branch offices in Paso Robles, San Luis Obispo and Santa Maria, and single branch offices in Morro Bay, Cambria, Arroyo Grande, Atascadero, Templeton, and Santa Barbara, as well as loan production offices in Goleta and Oxnard. Heritage Oaks Bank conducts commercial banking business in the counties of San Luis Obispo, Santa Barbara, and Ventura. Visit Heritage Oaks Bancorp on the Web at www.heritageoaksbancorp.com. By including the foregoing website address, Heritage Oaks Bancorp does not intend to and shall not be deemed to incorporate by reference any material contained therein.
Forward Looking Statements
Certain statements contained in this press release which are not statements of historical fact constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the “Act”). Statements concerning future performance, developments or events, management’s expectations for growth, income forecasts, sales activity for collateral, and any other guidance on future periods, constitute forward-looking statements within the meaning of the Act and are subject to a number of risks and uncertainties. Actual results may differ materially from expectations expressed in any forward-looking statements as a result of such risks and uncertainties. Specific risks and uncertainties include, but are not limited to the ongoing recession in the United States and the markets in which the Company operates, and the response of the federal and state government and banking regulators thereto, continued growth, the Bank's beliefs as to the adequacy of its existing and anticipated allowances for loan losses, beliefs and expectations regarding actions that may be taken by regulatory authorities having oversight of the Bank's operations, interest rates and financial policies of the United States government, continued weakness in the real estate markets within which we operate and general economic conditions. Additional information on these and other risks and uncertainties that could affect our business, operations and financial results are included in the Company's Securities and Exchange Commission filings. If any of these risks or uncertainties materializes or if any of the assumptions underlying such forward-looking statements proves to be incorrect, the Company's results could differ materially and adversely from those expressed in, implied or projected by such forward-looking statements. Heritage Oaks Bancorp assumes no obligation, and specifically disclaims any obligation to revise or update such forward-looking statements for any reason.