Business & Finance
Business and Finance
Business and Finance
Wed, January 14, 2009 Community Bank of the Bay Adds Michael Skubic to Be a Major Contributor to Growth
OAKLAND, Calif.--([ BUSINESS WIRE ])--Community Bank of the Bay (OTCBB:CBYAA) has announced that Michael Skubic has joined the bank.
"Mike brings more than 25 years of commercial banking experience, predominately serving the small- and middle-market in the East Bay. As a well capitalized bank, Community Bank of the Bay is even more poised for a well respected banker, such as Skubic, to be a major contributor to its growth," said Brian Garrett, president and chief executive officer. "Mike will be a great addition to Community Bank of the Bay as service to customers has been the hallmark of his banking life."
"Having lived for over 20 years in Oakland, I'm looking forward to working with local businesses and non-profit organizations in Oakland to help them achieve their financial goals," said Skubic. "Community Bank of the Bay's approach and philosophy of remaining locally focused and locally invested cannot be understated. By staying true to traditional banking fundamentals with the focus on local businesses, Community Bank of the Bay is well positioned to grow in this challenging time," added Skubic.
Skubic most recently was executive vice president and head of East Bay commercial banking for Presidio Bank. Prior to Presidio, Skubic joined Diablo Valley Bank as it was starting up and stayed through its acquisition by Heritage Commerce Corp in 2007. He previously worked for Civic Bank of Commerce before its 2002 acquisition by City National Bank.
Skubic is a long time resident of Oakland. He is a graduate of the University of California at Berkeley with a degree in economics and has an M.B.A. in finance from the University of San Francisco. Skubic is the current president of the board of directors for Alameda County Meals on Wheels.
Community Bank of the Bay (member FDIC) is located in downtown Oakland and is the home of the Bay Area Green Fund™ and the Oakland 1st Fund™. Community Bank of the Bay serves the financial needs of a variety of commercial customers including businesses, professional service firms and non-profits. Information on the bank and its services is available online at [ www.communitybankbay.com ].
