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Enterprise Financial Services Corp to Acquire First Choice Bancorp
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A former Vista wholesale bakery, along with its lender and others, is being cited by the state for failing to pay back wages and related penalties totaling nearly $1.3 million for 189 employees who lost their jobs more than two years ago when the business closed.
The California Labor Commissioner announced this week that it had not only issued citations but also sued a number of entities, including the former Baked in the Sun wholesale bakery, which shuttered in late 2018 after two decades of providing baked goods to coffee houses, hotels, hospitals and schools throughout Southern California. At the time it closed, its customers included Whole Foods Market, Costco Wholesale and Sprouts Farmers Market, according to its website at the time.
First Choice Bancorp Announces Quarterly Cash Dividend
February 05, 2021 09:00 ET | Source: First Choice Bancorp First Choice Bancorp UNITED STATES
Cerritos, CA, Feb. 05, 2021 (GLOBE NEWSWIRE) First Choice Bancorp (NASDAQ: FCBP) (the Company ), the holding company of First Choice Bank, today announced that its Board of Directors declared a $0.25 per share cash dividend at its regular meeting held on February 4, 2021. The dividend will be payable on or about March 4, 2021 to holders of the Company’s common stock of record as of the close of business on February 18, 2021.
About First Choice Bancorp
First Choice Bancorp, headquartered in Cerritos, California, is the sole shareholder of and the registered bank holding company for, First Choice Bank. As of December 31, 2020, First Choice Bancorp had total consolidated assets of $2.28 billion. First Choice Bank, also headquartered in Cerritos, California, is a community-based
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
First Choice Bank Announces Sale of Rowland Heights Branch
First Choice BancorpFebruary 1, 2021 GMT
CERRITOS, CALIFORNIA, Feb. 01, 2021 (GLOBE NEWSWIRE) First Choice Bancorp (Nasdaq Capital Markets: FCBP) (the “Company”), the holding company for First Choice Bank (the “Bank” or “First Choice”), announced today that the Bank has completed the sale of its Rowland Heights, California branch (“Rowland Heights Branch”) to Golden Bank, N.A. (“Golden Bank”), headquartered in Houston, Texas.
Pursuant to the terms of the Purchase and Assumption Agreement, Golden Bank has agreed to assume certain deposit liabilities, as well as cash, rights, title, and interest in the lease of the real property related to the Rowland Heights Branch, personal property and other fixed assets associated with the Rowland Heights Branch; no loans were sold as part of the subject sale. All necess
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