Founded in 1998, Santa Clara Valley Bank has branches in Santa Paula, Fillmore, and a loan production office in Santa Clarita. Santa Clara Valley Bank’s stock is traded through Crowell Weedon and Company and Wedbush Morgan Securities under its stock symbol of SCVE.OB.
Santa Clara Valley Bank is lead bank in Ventura County SBA originations
February 16, 2005
Santa Paula News
Santa Clara Valley Bank (SCVBank) originated four SBA loans in the SBA’s first quarter totaling $1.1 million.
The Los Angeles District Office of the Small Business Administration (SBA) reported that Santa Clara Valley Bank, N.A. Santa Clara Valley Bank (SCVBank) originated four SBA loans in the SBA’s first quarter totaling $1.1 million. SCVBank ranks as the top SBA loan producer headquartered in Ventura County and tied for 40th in the LA district.“Our SBA loan program is gaining momentum. I’m encouraged that a program that we embraced in 2004 is already showing results. The benefits of the loan program for small and minority owned business is quite evident which as a result has positive impacts on the local economy”, reflected CEO Michael D. Hause. “Having this product available will be beneficial as we expand to the Santa Clarita Valley.”
