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  6. Pacific Commerce Bank Acquires Vibra Bank

M&A Deal Summary

Pacific Commerce Bank Acquires Vibra Bank

On March 6, 2015, Pacific Commerce Bank acquired financial services company Vibra Bank

Acquisition Highlights
  • This is Pacific Commerce Bank’s 1st transaction in the Financial Services sector.
  • This is Pacific Commerce Bank’s 1st transaction in the United States.
  • This is Pacific Commerce Bank’s 1st transaction in California.

M&A Deal Summary
Date 2015-03-06
Target Vibra Bank
Sector Financial Services
Buyer(s) Pacific Commerce Bank
Deal Type Merger

Target

Vibra Bank

Chula Vista, California, United States
Vibra Bank is a full-service community bank offering wide variety of deposit and loan services to meet their customers’ needs. Deposit offerings include, among others, state-of-the-art online banking and remote deposit capture.

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Buyer(S) 1

Buyer

Pacific Commerce Bank

Los Angeles, California, United States
Category Company
Founded 2002
Sector Financial Services
Revenue 10M USD (2014)
DESCRIPTION

Pacific Commerce Bank is a business-oriented community bank. Pacific Commerce Bank is focused on meeting the diverse financial needs of its clients, and offers a full range of loan, deposit and treasury management products and is an SBA Preferred Lender.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1
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