Volume 9, Number 6

Scott Harris Promoted to Financial Institution Manager

Scott Harris was promoted to Assistant Deputy Commissioner of the Sacramento Office effective
December 1, 2005. Mr. Harris joined the State Banking Department (now the Department of Financial
Institutions) in 1984 as a Bank Examiner. He has served as a Financial Institutions Supervisor since
1991.
Mr. Harris received his Bachelor of Science degree from Northwestern University in Psychology. He is
a graduate of the Graduate School of Banking at Colorado (2002) and is a Certified Examiner in Charge.
DFI to Update Emergency Contact Information
The Department of Financial Institutions (DFI) will be updating its emergency contact person list for
2006. Later this month, DFI will send a letter to the emergency contact person of each licensee asking
them to verify the information we have on file for the institution to insure its validity. An e-mail will
also be sent to those on the emergency contact list to verify its accuracy.

This information was first requested in the May 2002 Monthly Bulletin, at which time the Department
directed that the board of directors of each licensee to designate one person to receive information
regarding alerts or threats to financial institutions in California. The designated person’s mailing
address, e-mail address, telephone number, cellular phone number, and facsimile were to be provided
with the designation. Each new licensee receives Department Form 550, the Emergency Contact Person
Information form to complete and return. Form 550 can be found on the forms page of the
Department’s Web site at: http://www.dfi.ca.gov/forms/forms.asp.
For more information please contact Patrick Carroll, Strategic Support Manager at (415) 263-8559 or by
e-mail at pcarroll@dfi.ca.gov.
2 Monthly Bulletin December 2005
DFI and International Remittance (USA)
Corporation enter into Settlement Agreement
On December 28, 2005, the Acting Commissioner of Financial Institutions entered into a settlement
agreement with International Remittance (USA) Corporation (“iRemit”) in which iRemit agreed to pay
$10,000 to the Department and the Acting Commissioner agreed to take no further action with respect to
alleged violations of Financial Code Section 1805, related to alleged business operations at an
unauthorized location.
Commercial Bank Activity
New Bank
1st Enterprise Bank
818 West Seventh Street, Suite 220, City and County of Los Angeles
Correspondent: Grace Wickersham
Carpenter & Company
Five Park Plaza, Suite 950
Irvine, CA 92614
(949) 261-8888
Filed: 12/9/05
Bank of Santa Barbara
12 East Figueroa Street, City and County of Santa Barbara
(805) 730-7860
(805) 730-7899 (fax)
Officers: Andy L. Clark, President
Robert Rothenberg, Chief Credit Officer
Greggory Bigger, Senior Vice President & Relationship Manager
Capitalization: $8,000,000.00
Website: http://www.bankofsantabarbara.com
Opened: 12/19/05
Fresno First Bank
7355 N. Palm Avenue, City and County of Fresno
(559) 439-0200
(559) 439-0290 (fax)
Officers: Tony Swartz, President
John (Jack) Glover, Executive Vice President and Chief Financial Officer
Dennis Tishma, Executive Vice President and Chief Credit Officer
Capitalization: $16,500,000.00
Website: http://www.fresnofirstbank.com
Opened: 12/23/05
3 Monthly Bulletin December 2005
New Bank (Continued)
Friendly Hills Bank
16011 E. Whittier Boulevard, Whittier, Los Angeles County
Correspondent: Maryam Hamzeh
Carpenter & Company
Five Park Plaza, Suite 950
Irvine, CA 92614
(949) 261-8888
Approved: 12/12/05
Golden Valley Bank
1074 East Avenue, Chico, Butte County
Correspondent: Mark Francis
PO Box 6730
Chico, CA 95927
(530) 892-2440
Address changed 11/10/05 from 190 Cohasset Road, Chico
Approved: 12/27/05
New Resource Bank
405 Howard Street, City and County of San Francisco
Correspondent: Robert E. Sjogren
Carpenter & Company
Five Park Plaza, Suite 950
Irvine, CA 92614
(949) 261-8888
Filed: 12/21/05
Plaza Bank
19900 MacArthur Boulevard, Suite 110, Irvine, Orange County
(949) 502-4300
(949) 502-4399 (fax)
Officers: Donald L. Solsby, President and Chief Executive Officer
Lawrence L. Luckey, Executive Vice President and Chief Operating Officer
J. Douglas Sherman, Executive Vice President and Chief Credit Officer
Bruce J. McDonald, Senior Vice President and Chief Financial Officer
Capitalization: $13,000,000.00
Opened: 12/30/05
Premier Business Bank
700 South Flower Street, Suite 2050, City and County of Los Angeles
Correspondent: Grace Wickersham
Carpenter & Company
Five Park Plaza, Suite 950
Irvine, CA 92614
(949) 261-8888
Approved: 12/29/05
4 Monthly Bulletin December 2005
New Bank (Continued)
Presidio Bank
One Montgomery Tower, City and County of San Francisco
Correspondent: James B. Jones
Carpenter & Company
Five Park Plaza, Suite 950
Irvine, CA 92614
(949) 261-8888
Filed: 12/16/05
River Valley Community Bank
1641 Colusa Highway, Yuba City, Sutter County
Correspondent: John I. Jelavich
1809 Lorraine Way
Yuba City, CA 95993
(530) 673-3163
Approved: 12/27/05
Security First Bank
3720 N. Blackstone Avenue, City and County of Fresno
Correspondent: R. W. Steiner
Steiner & Associates
4701 Morgan Territory Road
Clayton, CA 94517
(925) 672-5854
Approved: 12/14/05
Sutter Community Bank
700 Plumas Street, Yuba City, Sutter County
Correspondent: James H. Avery
James H. Avery Company
P.O. Box 3009
San Luis Obispo, CA 93403
(805) 544-5477
Approved: 12/14/05
Merger
Asian American Bank & Trust Company, Boston, to merge with and into United Commercial Bank, San
Francisco, California
Effected: 11/28/05
Commercial Federal Bank, Omaha, Nebraska, to merge with and into Bank of the West, San Francisco,
California
Effected: 12/2/05
5 Monthly Bulletin December 2005
Merger (Continued)
Great Eastern Bank, New York, New York, to merge with and into United Commercial Bank, San
Francisco, California
Approved: 12/19/05
South Coast Commercial Bank, Irvine, California, to merge with and into Woori America Bank, New
York, New York
Effected: 12/5/05
Acquisition of Control
VIB Corp to acquire control of Community Bank of Central California
Filed: 12/5/05
Purchase of Whole Business Unit
First California Bank, Camarillo to purchase the whole business unit of South Coast Commercial Bank,
Irvine
Effected: 12/5/05
Conversion to State Charter
United Labor Bank, FSB, Oakland, to convert from a federal savings bank to a state charter under the
name of United Labor Bank
Withdrawn: 12/20/05
Premium Finance Company Activity
New Premium Finance Company
First Choice Premium Finance Company, Inc.
6046 Cornerstone Court West, City & County of San Diego
Opened: 12/28/05
Security Credit Corporation
1333 Piedra Morada Drive, Pacific Palisades, Los Angeles County
Filed: 12/1/05
Acquisition of Control
Platinum Group of Companies, Inc., to acquire control of Top Premium Finance Company, Inc.
Filed: 12/21/05
6 Monthly Bulletin December 2005
Foreign (Other Nation) Bank Activity
New Representative Office
Chinatrust Commercial Bank, Ltd.
17851 Colima Road, City of Industry, Los Angeles County (Representative Office)
Approved: 12/20/05
Change of Name
The Bank of Tokyo-Mitsubishi, Ltd., to change its name to The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Notified: 12/14/05
Credit Union Activity
Merger
Amalgamated Lithographers Credit Union, to merge with and into Wescom Credit Union
Effected: 12/16/05
Horizon Credit Union, Fresno, to merge with and into Valley First Credit Union, Modesto
Filed: 12/22/05
Southern Baptist Credit Union, Brea, to merge with and into Christian Community Credit Union, Covina
Filed: 12/30/05
Field of Membership
Six credit unions received approvals to add 18 new fields of membership during November 2005.
Bylaw Amendment
Three credit unions received approval for three bylaw amendments during November 2005.
Transmitter of Money Abroad Activity
New Transmitter
Euronet Payment and Remittance, Inc.
Filed: 12/14/05
JOM Corporation
Approved: 12/14/05
7 Monthly Bulletin December 2005
Acquisition of Control
Grupo Banistmo, S.A., to acquire control of BancoSal, Inc.
Filed: 12/14/05
Issuer of Travelers Checks
Voluntary Surrender of License
Travelex Inc.
Effected: 12/6/05
Issuer of Payment Instrument Activity
Voluntary Surrender of License
Navicert Financial, Inc.
Effected: 12/7/05
BRIAN YUEN
Acting Commissioner of Financial Institutions
Bulletin for Month ended
December 2005, issued pursuant
to Financial Code section 258
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