Genesis Bank Announces Completion of Acquisition of Beverly Hills-Headquartered Excel Bank, a Tradename of EH National Bank
Stephen H. Gordon, Chairman and Chief Executive Officer of Genesis Bank, stated, “We are excited to welcome the clients and employees of Excel Bank to Genesis Bank. Throughout our interactions over the past couple months, it’s clear that Excel has built a strong and loyal client base – including small to mid-size businesses, commercial real estate investors, owners, and their operations, as well as fiduciary and specialty companies. As we are on track to complete the client conversion experience expeditiously, we look forward to deepening our relationships with Excel’s existing and prospective clients by providing full access to our leading technology platform and comprehensive suite of commercial and treasury cash management products, services, and solutions. With our client outreach efforts well underway, the inherent synergies – across our Southern California footprint, complementary business lines, and client base – are actively being realized by our collective team of veteran bankers and positioning us for continued growth and scale.”
Mr. Gordon added, “I’d like to thank all the employees at Genesis and Excel, who have worked tirelessly to successfully reach this critical milestone. The high level of collaboration, execution, and efficiency, exemplifies our client centric focus, as we continue to pursue our strategic objectives, both organic and through acquisitions.”
About Genesis Bank
Genesis Bank is a California state chartered commercial bank, organized by a group of highly experienced and successful bankers, investors, and business professionals. The Bank focuses on serving the financial needs of small to mid-sized businesses and owners, and investors in income-producing multifamily and commercial real estate located in the Bank’s Target Markets of Los Angeles, Orange, Riverside and San Bernardino Counties, California. The Bank is built upon a combination of best-in-class technologies, which are tightly integrated to give clients a seamless, digital first, and transparent experience on par with money-center bank capabilities. The Bank’s products, services, and solutions primarily include traditional commercial business, Small Business Administration (SBA), income property, and owner-occupied commercial real estate loan and deposit products, as well as treasury management, escrow, and Section 1031 exchange services and solutions. Genesis Bank is headquartered in Orange County, California, and can be found online at www.mygenesisbank.com.
