Announced
Completed
Synopsis
Genesis Bank, a California state chartered commercial bank, completed the acquisition of Excel Bank, a tradename of EH National Bank. Financial terms were not disclosed. “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," Stephen H. Gordon, Genesis Bank Chairman and CEO.
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