Pacific Commerce Bank, based in Los Angeles and with about $165 million in assets, opened a new branch office in the Del Mar Heights area of San Diego.
The full-service office at 12730 High Bluff Drive, Suite 180 offers a full range of depository and lending products and services. Pacific Commerce also has branches in downtown Los Angeles and West Los Angeles.
The new office is another step on a path to implementing a strategic plan to grow the bank in its markets, and will complement the bank’s acquisition strategy as well, said CEO Scott Andrews.
“With fewer and fewer community banks in San Diego, this market represents an excellent opportunity for growth for Pacific Commerce Bank,” Andrews said.