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Community Bank of the Bay Announces Closing of $12 Million Private Placement

Published Saturday March 11

The Bank expects to use the net proceeds from the offering for general corporate purposes.

“This capital raise will allow Community Bank of the Bay to better meet the needs of our clients and the communities we serve. We are especially excited to be able to support in a greater way the dynamic growth that is occurring in Oakland, a community that we have been proud to serve for over 20 years,” commented William S. Keller, President, and Chief Executive Officer.

MJC Partners, LLC served as the sole placement agent for the private placement.

Additional info on the bank is available online at www.BankCBB.com .

Article length: About 240 words.
Tags: Danville
Read more at Einnews

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