SC County Bank top ratedApril 9, 2012
Findley Reports has given Santa Cruz County Bank its highest rating, Super Premier Performing Bank, for its 2011 performance. The locally owned bank, founded in 2004, achieved that rating for the second straight year.
"Santa Cruz County Bank continues to deliver strong financial performance that ranks in the top 10 percent of all banks in the Western United States," said Gary Steven Findley, whose firm has been monitoring banks for 40 years.
He singled out Santa Cruz County Bank as one of the "exceptional banks that are able to perform consistently over several years."
The Findley Reports focuses on growth, return on beginning equity, net operating income as a percentage of average assets and loan losses as a percentage of gross loans.
Headquartered in Santa Cruz, Santa Cruz County Bank has full-service offices in Aptos, Capitola, Santa Cruz, Scotts Valley and Watsonville.