Liberty Bank, N.A. Relocates to New Gateway at Millbrae Station Community

Rhea-AI Summary

Liberty Bank, N.A. has relocated its branch from South San Francisco to the new Gateway @ Millbrae Station community in Millbrae, California. The move, completed on August 26, 2024, marks a significant step for the bank as it aims to continue serving its existing San Francisco Bay Area customers while attracting new clientele. The new branch, located at 105 North Rollins Road, is part of a vibrant multi-use residential and retail community anchored by BART and Caltrain stations.

Don Griffith, Chairman and CEO, emphasized the bank's commitment to providing financial solutions and banking expertise that customers have relied on for the past 40 years. The new location offers a unique banking experience, combining modern banking with human expertise and a focus on building strong relationships with customers. Liberty Bank aims to foster local economic growth through its specialized banking services and community-oriented approach.

Positive

• Relocated to a more vibrant and accessible location in Millbrae
• New branch is part of a multi-use residential and retail community
• Proximity to BART and Caltrain stations may increase foot traffic
• Potential for attracting new clientele while retaining existing customers

Negative

• None.

MILLBRAE, Calif., Aug. 27, 2024 (GLOBE NEWSWIRE) -- On August 26, Liberty Bank, N.A. celebrated the opening of its new Millbrae Branch in the Gateway @ Millbrae Station neighborhood after recently relocating from its South San Francisco Branch, which it owned and occupied since 1985.

“As a full-service community bank, our new Millbrae Branch allows us to continue serving our San Francisco Bay Area customers by providing the financial solutions and banking expertise they’ve come to know over the past 40 years, while also growing and attracting new clientele,” said Don Griffith, Chairman and CEO. “We’re very excited to occupy this vibrant and easily accessible location in the Bay Area. Our staff is looking forward to welcoming customers to our beautiful new space.”

Located in the brand new, multi-use residential and retail community that is anchored by a BART and Caltrain Station, the new Millbrae Branch at 105 North Rollins Road offers a unique banking experience that sets Liberty Bank apart from other banks. We provide true community banking with a shared commitment and understanding of our community’s banking and business landscape. Our approach involves modern banking with human expertise, fostering relationships, and delivering attentive service designed to meet the needs of our clients. We recognize that building strong relationships with our customers and investing in our local economic growth are central to providing specialized banking services.

About Liberty Bank, N.A.

Liberty Bank, N.A. is a $550 million OCC-chartered bank headquartered in Irvine, California supporting businesses, entrepreneurs, and individuals in the Southern California markets of greater Orange and Los Angeles counties and the San Francisco, San Mateo, and Santa Cruz counties. Liberty Bank serves a diverse set of industries while offering a wide array of products and services, from deposit accounts and cash management solutions to commercial real estate, construction, and business loans to meet the growing financial needs of our clients.

LBNA-503 (8/27/2024)

Contacts:
Deborah Marsten
949-255-5271
dmarsten@libertybk.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9a9d0ae2-8c79-469d-9437-3ef675705634

FAQ

When did Liberty Bank, N.A. (LIBC) relocate its branch to Millbrae?

Liberty Bank, N.A. relocated its branch to Millbrae on August 26, 2024.

What is the new address of Liberty Bank's (LIBC) Millbrae branch?

The new Millbrae branch of Liberty Bank is located at 105 North Rollins Road in the Gateway @ Millbrae Station community.

How long has Liberty Bank (LIBC) been serving the San Francisco Bay Area?

According to the press release, Liberty Bank has been serving the San Francisco Bay Area for the past 40 years.

What are the potential benefits of Liberty Bank's (LIBC) new location in Millbrae?

The new location offers proximity to BART and Caltrain stations, is part of a vibrant multi-use community, and has the potential to attract new clientele while serving existing customers.