New Resource Bank
New Resource Bank
Address:
405 Howard Street, Suite 110
San Francisco, CA 94105
Phone:(415) 995-8100
About Us:
Founded by renowned entrepreneurs, business leaders and highly experienced bankers, we understand how excellent banking can empower businesses, organizations and individuals to make greater impact on their efforts.
We are dedicated to providing the best banking by offering the highly personalized services of a community bank along with the convenience and security of a large bank.
CORE FOCUS:
To provide attentive and customized banking to entrepreneurial businesses, developers and professional service firms
Deliver tailored products and services to non-profit organization and foundations to further their goals.
Give individual customers personalized service, attractive rates, banking convenience and a tangible way to support their community through every day activities.
We believe in banking efficiently. We will provide our customers with innovative products and technology to help them achieve their financial goals while saving time and resources. Our own operations will be highly efficient. Our banking facility has been built to the standards of a Gold LEED CI certification.
The New Resource Bank organizing group came together in 2005 to build a bank that is “by the people and for the people†of their community. The founding organizers brought together an unparalleled blend of proven entrepreneurial success along with deep banking expertise and community leadership.
The organizers are joined by a board of directors and senior management team with over 200 years of banking experience. The collective experience draws from governance and executive leadership of major national banks as well as local community banks.
Prior to opening, 240 founding shareholders subscribed to $24.75 Million of the Bank’s stock offering. The offering was strongly supported by the community, with $35 Million in subscriptions representing a 60 percent oversubscription from the original offering targets of $20 to $22 Million. This is one of the largest initial capitalizations for a start-up bank in Northern California.
The shareholders of New Resource Bank have built leading Bay Area companies as well as leading green and sustainable businesses. They are part of the New Resource Community, which the Bank draws upon to tap broader networks and knowledge to serve its clients. It’s the old fashioned benefits of a community bank matched together with an innovative bank.
Copyright © 2006 New Resource Bank. All Rights Reserved.
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