M&A Deal Summary

California Bank & Trust Acquires Vineyard Bank NA

On June 17, 2009, California Bank & Trust acquired financial services company Vineyard Bank NA

Acquisition Highlights
  • This is California Bank & Trust’s 4th transaction in the Financial Services sector.
  • This is California Bank & Trust’s 4th transaction in the United States.
  • This is California Bank & Trust’s 1st transaction in Colorado.

M&A Deal Summary

Date 2009-06-17
Target Vineyard Bank NA
Sector Financial Services
Buyer(s) California Bank & Trust
Deal Type Add-on Acquisition

Target

Vineyard Bank NA

Rancho Cucamonga,, Colorado, United States
Vineyard Bank offers personal and business banking services, such as checking and savings accounts, time deposit accounts, money market deposit accounts, cash management services, and an array of lending products.

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Buyer(S) 1

Buyer

California Bank & Trust

San Diego, California, United States

Category Company
Founded 1972
Sector Financial Services
DESCRIPTION

California Bank & Trust is best known for its experienced bankers. They can help you with your business banking, commercial banking, and personal banking needs. One of the most respected banks in California.We take great pride in delivering the personalized service you'd expect from a local community bank, but offer all the comprehensive solutions available at major financial institutions


DEAL STATS #
Overall 4 of 4
Sector: Financial Services M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 4
State: Colorado M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2009 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-06 Alliance Bank

Culver City, California, United States

Alliance Bank offers personal and commercial banking services.including commercial business loans, residential and commercial real estate construction loans, consumer loans, revolving lines of credit, and letters of credit.

Buy -