California Bank & Trust Completes Conversion of Vineyard Bank Branches

* Reuters is not responsible for the content in this press release.

Wed Oct 21, 2009 8:03am EDT

SAN DIEGO--(Business Wire)--
California Bank & Trust (CB&T) (www.calbanktrust.com) is pleased to announce
that it has completed the conversion of the former Vineyard Bank accounts and
branch locations into California Bank & Trust. More than 31,000 loan and deposit
accounts have been fully integrated into the California Bank & Trust banking
system. California Bank & Trust acquired the deposits and loans of Vineyard Bank
from the Federal Deposit Insurance Corporation on July 17, 2009. 

"The conversion of Vineyard Bank branches and accounts to California Bank &
Trust went very smoothly. We look forward to working with our new customers and
providing them with quality financial products, excellent customer service as
well as the strength and security of a sound financial institution," said Frank
Lee, executive vice president of the retail business banking division at
California Bank & Trust. 

In addition to the 13 new full-service branches now available as a result of the
conversion, former Vineyard Bank business customers will now have access to time
saving cash management products like California Bank & Trust`s Remote Deposit.
Remote Deposit enables a business to scan paper checks directly from the office
and transmit those images to the bank via a secure internet connection. This and
many other business banking-focused products are the hallmark of the financial
services California Bank & Trust delivers on a daily basis. 

With the completion of the Vineyard Bank conversion, California Bank & Trust now
has 113 branches within the state of California, which include newly converted
branches in San Rafael, Rancho Cucamonga, Diamond Bar, La Verne, Corona,
Irwindale, Chino, San Dimas, Lake Arrowhead, Covina, Upland, Walnut and
Crestline. 

About California Bank & Trust

California Bank & Trust, a subsidiary of Zions Bancorporation (NASDAQ:ZION), is
one of the largest banks headquartered in California with over $10 billion in
assets and more than 100 branches statewide. With local management and
decision-making with an emphasis on relationship banking, CB&T provides
financial solutions for businesses and individuals, that includes commercial as
well as small business lending, cash management, international banking, wealth
management, and online banking. Learn more at www.calbanktrust.com.

Shana Starr / Tiffany Massey
LFPR (for California Bank & Trust)
949.502.7750 x 209/218
shanas@lf-pr.com / tiffanym@lf-pr.com

Copyright Business Wire 2009

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.