Scott Valley Bank
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Scott Valley Bank - overview
Established
1858
Location
Yreka, CA, US
Primary Industry
Financial Services
About
Scott Valley Bank is a community bank that provides a variety of banking services, including personal and business banking, loans, and investment options, tailored to meet the needs of the local community. Scott Valley Bank operates as a community-focused financial institution, formed in 1858 in Yreka, California, US. The bank was acquired by California Republic Bancorp in June 2018, which marked a significant change in its ownership structure. The CEO, Craig Van Selow, leads the organization, which has been through a pivotal acquisition to enhance its operational capabilities.
Scott Valley Bank offers a range of banking services including personal accounts, business banking, and various loan options. It aims to provide tailored financial solutions to its clients, supporting both individual and corporate financial needs through efficient banking practices and a commitment to community engagement. The revenue model for Scott Valley Bank is built primarily on interest income from loans and various fees associated with its banking services. The specific financial details of their revenue are not disclosed, but the bank engages clients through a variety of deposit and loan products.
Following the completion of its acquisition in June 2018, Scott Valley Bank plans to leverage its new partnership to enhance its product offerings and expand into new markets. The focus will include the development of new banking services designed to meet evolving customer needs, with specific details and timelines for release forthcoming. The bank aims to strengthen its presence in the Northern California region and may explore additional markets as it integrates resources from California Republic Bancorp.
Current Investors
California Republic Bancorp
Primary Industry
Financial Services
Sub Industries
Commercial Banks, Consumer Finance, Mortgage Banking
Website
www.scottvalleybank.com
Verticals
FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Scott Valley Bank - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Scott Valley Bank | - |
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