With regulatory approvals in hand, Visalia-based Suncrest Bank is on track to take control of West Sacramento’s Community Business Bank on Tuesday.
Nearly all of the bank employees that customers deal with are being retained in the merger, and the name of Community Business Bank in this market will remain in use, said John DiMichele, CEO and founder of Community Business Bank.
Suncrest announced the $62.5 million cash and stock deal in November to buy CBBC Bancorp, the parent company of Community…
