United American Bank
United American Bank
Address:
101 South Ellsworth
San Mateo, CA 94401
T: 650.579.1500
F: 650.579.1501
About Us
United American Bank is a full-service commercial bank headquartered in San Mateo, California. The bank has offices in San Mateo, Sunnyvale, Half Moon Bay and Redwood City. The bank is dedicated to providing superior banking and financial services for those who prefer a high level of personalized client service.
History
United American Bank opened its doors at 101 South Ellsworth Avenue in San Mateo on June 9, 2003. After a brief, highly successful capitalization campaign that raised over $15 Million, we obtained regulatory approvals from both the Department of Financial Institutions and the Federal Deposit Insurance Corporation to officially conduct banking business. United American Bank is now one of the few locally owned and operated banks in the Bay Area. Our Founders and Directors are respected and prominent San Mateo residents with a commitment to customer service, financial performance and personalized banking for businesses and individuals.
United American Bank is recognized as a financial services leader in the Bay Area that nurtures client-focused relationships and mutually beneficial experiences with each client.
Milestones
June 2008. Third stock offering successfully completed, adding $5.3 million in additional capital.
April 2008. United American Bank announces its third stock offering.
October 2007. The Mid-Peninsula Regional Office opens in Redwood City, California.
December 2006. Total reported assets exceed $200 million representing a 270 percent growth over prior year.
November 2006. The Coastal Regional Office opens in Half Moon Bay, California.
May 2006. The South Bay Regional Office opens in Sunnyvale, California.
May 2005. Second stock offering of 500,000 shares priced at $13 per share raised $6.5 million in new capital.
January 2005. Norman I Book, Jr. and James Chalmer are appointed to the Board of Directors.
January 2005. American Trust opens an office in the Bank headquarters in an affiliate relationship offers wealth management, trust, and retirement planning services.
June 9, 2003. United American Bank opened its doors on June 9, 2003 with the approval of the Department of Financial Institutions and the Federal Deposit Insurance Corporation granted insurance for the bank's deposits.
May 21, 2003. United American Bank (In Organization) closed its stock offering having raised $15,125,000.00
April 18, 2003. United American Bank(In Organization) moved to its new headquarters location at 101 S. Ellsworth Avenue, San Mateo, CA 94401.
February 6, 2003. United American Bank (In Organization) received a Stock Permit from the California Department of Financial Institutions authorizing the Bank to sell shares of its common stock to the public.
Copyright © 2009 United American Bank. All company, brand, and product names are registered trademarks of their respective holders.
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