Company News

Los Angeles, Calif., December 10, 2014

NCAL Bancorp Completes Initial Recapitalization

Los Angeles, CA – (December 10, 2014) – NCAL Bancorp (OTCBB:NCAL), the parent company of National Bank of California, announced today the sale of 19,890,322 shares of its common stock for $10,881,000, or $0.54705 per share, to Alex Meruelo and the current directors and an officer of the company. Mr. Meruelo is the founder of the Meruelo Group, located in Downey, California. He will now own approximately 89% of the total outstanding shares of common stock of NCAL Bancorp.

Concurrent with their common stock investment, Mr. Meruelo and the current directors and officers of NCAL Bancorp purchased all outstanding shares of the fixed rate cumulative perpetual preferred stock, series A and series B, of NCAL Bancorp from the U.S. Department of the Treasury for $3,900,000, including $1,800,000 of funds from the current directors and officers. Upon approval of the Federal Reserve Bank of San Francisco, the preferred shares will be converted at the $0.54705 price at which common shares were issued in the recapitalization into NCAL Bancorp common stock based on a total value of $3,900,000. When the preferred stock is converted Mr. Meruelo’s ownership will be reduced to approximately 80% of the outstanding common shares. Mr. Meruelo may also purchase an additional $10,219,000 in common shares at the same per share price during the next 12 months in the second stage of the recapitalization of the company, subject to certain conditions.

For more information, contact hhomsher@nbcal.com Phone 310.882.4800

Forward-Looking Statements

Statements made in this release, other than those concerning historical financial information, may be considered forward-looking statements, which speak only as of the date of this release and are based on current expectations and involve a number of assumptions. These include statements as to the anticipated benefits of the recapitalization, including future financial and operating results, and enhanced revenues that may be realized as well as other statements of expectations regarding future business and any other statements regarding future results. NCAL Bancorp intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and is including this statement for purposes of these safe harbor provisions. back to top

Los Angeles, Calif., September 16, 2013

NCAL Bancorp Announces the Signing of a Definitive Agreement for $25 Million Recapitalization

NCAL Bancorp (OTCBB:NCAL), the parent company of National Bank of California (the “Bank”), announced today the signing of a Definitive Agreement with a California-based investor to recapitalize the Company with $25 million of additional capital.

Under the Definitive Agreement, the investor will purchase approximately $23,475,000 in newly issued common stock at a price of approximately $0.54705 per share, becoming majority owner of the Company’s outstanding common shares. The existing directors in support of the transaction will infuse approximately $1.525 million in additional capital.

“This recapitalization will strengthen the balance sheet and provide a solid foundation for customer growth and community support,” said Joe Kornwasser, Chairman of NCAL Bancorp and National Bank of California. The majority of the proceeds are expected to be invested in the Bank, and would enable the Bank, among other things, to meet the capital requirements of its existing Consent Order with the Comptroller of the Currency.

Completion of the transaction is anticipated to be in the first quarter of 2014, subject to regulatory approval and satisfaction of other conditions to closing. Among other things, the recapitalization requires that NCAL Bancorp shall have repurchased at an agreed price its outstanding preferred shares issued to the United States Department of the Treasury. The Bank must also have resolved certain pending inquiries by the US Department of Justice (DOJ) concerning its ACH services to third party processors who may have processed payments for certain companies making short term loans commonly called “payday lenders.” These inquiries are part of an industry-wide DOJ investigation of ACH services provided to payday lenders.

National Bank of California is a full-service commercial bank, which was founded in 1982. The Bank offers customized services to small and mid-sized businesses as well as individuals through four regional offices in Los Angeles, the San Fernando Valley, and Orange County. At June 30, 2013, the Bank had total assets of approximately $342 million. The parties do not intend to make further comments unless or until the transaction is consummated. For more information, visit the Bank’s web site at: www.nbcal.com

King, Holmes, Paterno & Berliner, LLP served as legal counsel for NCAL Bancorp, and FIG Partners LLP issued a fairness opinion for the benefit of NCAL’s shareholders.

For Information Contact:

Henry P. Homsher President, NCAL Bancorp (310) 882-4800 back to top

Los Angeles, Calif., February 8, 2013

Sale of Glendale Regional Office Completed

The Bank transaction selling the Bank's Glendale Regional Office was completed on February 8, 2013. This was a part of the management's restructuring and cost saving strategies in order to focus its efforts on the Bank's primary market areas. back to top

Los Angeles, Calif., January 28, 2013

Grandpoint Capital, Inc., and NCAL Bancorp Terminate Definitive Agreement to Merge

Grandpoint Capital, Inc., and NCAL Bancorp (OTCBB:NCAL), the parent company of National Bank of California, announced today that they have terminated the definitive agreement under which Grandpoint Capital would have acquired NCAL Bancorp and National Bank of California would have become a wholly owned subsidiary of Grandpoint Capital.

“While we are disappointed with this turn of events, we will continue to explore opportunities for a future partnership”, the companies said in a joint statement.

National Bank of California is a full-service commercial bank, which was founded in 1982. The Bank offers customized services to small and mid-sized businesses as well as individuals through five regional offices in Los Angeles, the San Fernando Valley, the San Gabriel Valley and Orange County. At December 31, 2012, the Bank had total assets of $378 million.

Grandpoint Capital is a bank holding company with four wholly owned banking subsidiaries: Grandpoint Bank, Regents Bank, N.A. of Tucson and the Biltmore Bank of Arizona. At December 31, 2012, Grandpoint Capital had consolidated assets of approximately $2.1 billion. back to top

Los Angeles, Calif., November 29, 2012

National Bank of California and Manufacturers Bank Announce Agreement for Sale of Deposits and Branch Facility of Glendale Regional Office To Manufacturers Bank

National Bank of California, the wholly owned subsidiary of NCAL Bancorp (OTCBB: NCAL) (“NCAL”) and Manufacturers Bank, a wholly-owned subsidiary of Sumitomo Mitsui Banking Corporation jointly announced today that they have entered into a purchase and assumption agreement to transfer the deposits and branch facility of NCAL’s full service branch office in Glendale, California to Manufacturers Bank. Under the terms of the agreement, Manufacturers Bank will assume substantially all of the deposits and purchase certain assets associated with the Glendale Regional Office. The loans of the branch office are not included in the transaction. As of October 31, 2012 deposits at this branch totaled approximately $12.2 million.

According to Henry Homsher, President of NCAL, “It was a difficult decision to proceed with the sale of the deposits of the Glendale Regional Office, as we have enjoyed wonderful relationships with our customers in the region. The transaction will allow us to redirect our full focus to our core geography in the Los Angeles and Orange County areas. We are confident we have found an institution that mirrors our customer service philosophy and are excited to introduce our depositors to Manufacturers Bank.”

Naresh Sheth, President and Chief Operating Officer of Manufacturers Bank, stated, “We are very pleased to announce our entry into the Glendale market, and we look forward to welcoming the employees and depositors of the Glendale Regional Office to the Manufacturers family. At Manufacturers Bank, our mission is to be ‘the bank of choice’ for middle market companies, a principle we take to heart and continue to deliver upon today. We are excited to serve the greater Glendale area, as we believe it is a natural complement to our other full service regional branches throughout California.”

The transaction is expected to be completed in late Q4 2012 or early Q1 2013 subject to regulatory approval and other customary closing conditions.

D.A. Davidson & Co. served as financial advisor and King, Holmes, Paterno & Berliner, LLP served as legal advisor for NCAL Bancorp. Horgan, Rosen, Beckham & Coren, LLP served as legal advisor for Manufacturers Bank.

About National Bank of California

National Bank of California is a full-service commercial bank that began operations in 1982 and had over $356 million in assets as of September 30, 2012. The Bank offers customized services to small and mid-sized businesses as well as individuals through strategically located regional offices in Los Angeles, the San Fernando Valley, and Orange County.

About Manufacturers Bank

Manufacturers Bank is a wholly owned subsidiary of Sumitomo Mitsui Banking Corporation (“SMBC”) and provides a full range of lending, deposit and cash management services to the California commercial middle-market business community through 10 regional bank centers. As of September 30, 2012 Manufacturers Bank had $2.1 billion in total assets, $1.3 billion in gross loans, $1.7 billion in total deposits and $281.5 million in shareholders’ equity. For more information, visit Manufacturers Bank's Web site at www.manufacturers-ca.com and SMBC's Web site at www.smbc.co.jp/global

Forward Looking Statements:The numbers in this press release are unaudited. Statements such as those regarding the anticipated development of the banks’ business, and the intent, belief or current expectations of the banks, their directors, or their officers, are "forward looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward looking statements. These risks and uncertainties include, but are not limited to, risks related to the local and national economy, the banks’ performance, including their ability to generate loan and deposit growth, changes in interest rates, and regulatory matters.back to top

Los Angeles, Calif., September 5, 2012

NCAL Bancorp Announces Shareholder Approval of Transaction with Grandpoint Capital

The completion of the merger is still subject to receipt of regulatory approval, as well as the satisfaction or waiver of other closing conditions.

This press release may include "forward-looking" statements that involve inherent risks and uncertainties. These statements are subject to risks and uncertainties and actual results could differ materially due to certain risk factors. Specific relevant risks include whether the transaction is approved by regulators, whether other closing conditions are met and whether the transaction with Grandpoint will be completed. Other risks and uncertainties that may affect forward-looking statements are described in NCAL Bancorp’s Proxy Statement dated July 27, 2012 which was sent to all shareholders in connection with soliciting shareholder approval of the merger. You should not place undue reliance on forward-looking statements and we undertake no obligation to update those statements whether as a result of changes in underlying factors, new information, future events or otherwise.

For Information Contact:

Henry P. Homsher, President, NCAL Bancorp (310) 882-4800 back to top

Los Angeles, Calif., June 11, 2012

Grandpoint Capital, Inc., and NCAL Bancorp Sign Definitive Agreement to Merge

The merger consideration to be received by common shareholders will be paid in part at closing and in part two years after the closing. The total consideration to be received at closing will depend upon NCAL Bancorp's tangible common equity prior to closing, pre-closing loan recoveries on charged-off loans, the level of NCAL Bancorp's transaction expenses and the amount of a reserve to be established for future credit losses. Had the transaction closed on May 31, 2012, closing consideration of approximately $1.45 per share would have been payable to common shareholders. The NCAL Bancorp shareholders will also be entitled to participate in certain loan recoveries and data processing expense reductions in the two years following the transaction and to receive at the end of two years any unused portion of the credit reserve established at closing. While the amount of the actual credit reserve cannot presently be determined, at May 31, 2012, the credit reserve would have been approximately $1.70 per share.

All outstanding preferred shares of NCAL Bancorp issued to the U.S. Department of the Treasury shall also be redeemed for their stated value of $10.5 million, plus current accrued but unpaid dividends of approximately $605,000 and all additional dividends accruing through closing.

National Bank of California was founded in 1982. It operates five branches in Los Angeles and Orange counties. As of March 31, 2012, National Bank of California had total assets of $340.9 million.

Completion of the transaction is subject to customary closing conditions and regulatory and shareholder approvals. It is anticipated the transaction will be completed in the fourth quarter 2012.

"This is another outstanding opportunity for Grandpoint to partner with a bank that has a similar business focus and a well established banking office network that complements our own," said Don M. Griffith, chairman and chief executive officer of Grandpoint Capital, Inc., and Grandpoint Bank. "National Bank of California will bring talented leadership to Grandpoint and open up new markets for us in southern California. To insure a smooth transition for our new clients, we will be retaining the executive management team of National Bank of California."

"This merger will enable us to support the continued growth of our clients with greater capital resources and expanded product capabilities," said Henry P. Homsher, president of NCAL Bancorp and National Bank of California. "The fact that our corporate culture and business philosophy are so similar to Grandpoint's makes this a very comfortable fit for our bank."

King, Holmes, Paterno & Berliner, LLP served as legal counsel for NCAL Bancorp for the transaction, and D.A. Davidson & Co. served as financial advisor and issued a fairness opinion. Horgan, Rosen, Beckham Coren, LLP served as legal counsel for Grandpoint Capital, Inc., and Keefe, Bruyette & Woods, Inc. served as financial advisor.

National Bank of California is a full-service commercial bank. The Bank offers customized services to small and mid-sized businesses as well as individuals through five strategically located regional offices in Los Angeles, the San Fernando Valley, the San Gabriel Valley, and Orange County.

Grandpoint Capital is a bank holding company with three wholly owned subsidiaries: Grandpoint Bank, Regents Bank, N.A. and Peoria Holdings, LLC. The company is also a majority owner of the Bank of Tucson. At March 31, 2012, Grandpoint Capital had total consolidated assets of approximately $1.5 billion and in excess of $217 million in shareholders' equity. In January 2012, Grandpoint Capital announced definitive agreements to acquire two financial institutions. Pending regulatory approval, Phoenix-based The Biltmore Bank of Arizona will become a subsidiary of Grandpoint Capital when that transaction is completed, and California Community Bank, which is headquartered in Escondido, will be merged later this year into La Jolla-based Regents Bank.

Forward-Looking Statements

Statements such as those regarding the anticipated development of the companies’ business, and the intent, belief or current expectations of the companies, their directors, or their officers, are “forward looking” statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Forward-looking statements are typically identified by words or phrases such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “target,” “plans,” “may increase,” “may fluctuate,” “may result in,” “are projected,” and similar expressions. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, risk related to the local and national economy, the companies’ performance, including their ability to generate loan and deposit growth, changes in interest rates, and regulatory matters. NCAL Bancorp and Grandpoint Capital do not undertake, and specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences or unanticipated events or circumstances after the date of such statements. back to top

National Bank of California Completes Sale of Westlake Village Regional Office to California Republic Bank

The Bank transaction selling the Bank's Ventura County Regional Office was completed in January 2012. This was part of the new management's restructuring and cost saving strategies in October 2011 in order to focus its efforts on the Bank's primary market areas of Los Angeles and Orange Counties. back to top

National Bank of California and California Republic Bank Announce Agreement for Sale of Westlake Village Branch to California Republic Bank

LOS ANGELES & NEWPORT BEACH, Calif.--(BUSINESS WIRE)--National Bank of California, the wholly owned subsidiary of NCAL Bancorp (OTCBB: NCAL) ("NCAL"), and California Republic Bank (OTCBB: CRPB) ("CRB") jointly announced today that they have entered into a purchase and assumption agreement to transfer NCAL's full service branch office in Westlake Village, California to CRB. Under the terms of the agreement, California Republic Bank will assume all of the deposits and purchase a certain amount of assets associated with the branch. As of September 30, 2011 deposits at this branch totaled approximately $16.2 million.

"We are excited to serve the greater Ventura County area. We believe it is a natural complement to our other full service regional branches in Beverly Hills and Newport Beach."

According to Henry Homsher, President of NCAL, "It was a difficult decision to proceed with the sale of the Westlake Village branch, as we have enjoyed wonderful relationships with our customers in the region. The transaction will allow us to redirect our full focus to our core geography in the Los Angeles and Orange County areas. We are confident we have found an institution that mirrors our customer service philosophy and are excited to introduce our clients to California Republic Bank."

Jon Wilcox, Chief Executive Officer of California Republic Bank, stated, "We are very pleased to announce our entry into the Westlake Village, California market, and we look forward to welcoming the employees and clients of the Westlake Village branch to the California Republic family. At California Republic Bank, we were founded on the principle that 'Our clients always come first,' a principle we take to heart and continue to deliver upon today."

John DeCero, President of California Republic Bank, also added, "We are excited to serve the greater Ventura County area. We believe it is a natural complement to our other full service regional branches in Beverly Hills and Newport Beach."

The transaction is expected to be completed in late Q4 2011 or early Q1 2012 subject to regulatory approval and other customary closing conditions.

D.A. Davidson & Co. served as financial advisor and King, Holmes, Paterno & Berliner, LLP served as legal advisor for NCAL Bancorp. Manatt, Phelps, & Phillips, LLP served as legal advisor for California Republic Bank.

About National Bank of California

National Bank of California is a full-service commercial bank that began operations in 1982 and had over $365.7 million in assets as of June 30, 2011. The Bank offers customized services to small and mid-sized businesses as well as individuals through five strategically located regional offices in Los Angeles, the San Fernando Valley, the San Gabriel Valley, and Orange County.

About California Republic Bank

California Republic Bank is the 9th largest bank based in Orange County by assets with $362.0 million in assets as of June 30, 2011. The Bank serves investors and companies throughout Southern California and provides clients direct access to executive management, with customized products delivered through highly experienced Relationship Managers and industry leading technology. The Bank has two regional offices in Newport Beach and Beverly Hills, as well as a loan production office based in Irvine.

Forward Looking Statements: The numbers in this press release are unaudited. Statements such as those regarding the anticipated development of the banks' business, and the intent, belief or current expectations of the banks, their directors, or their officers, are "forward looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward looking statements. These risks and uncertainties include, but are not limited to, risks related to the local and national economy, the banks' performance, including their ability to generate loan and deposit growth, changes in interest rates, and regulatory matters. back to top

June 2011 - National Bank of California Appoints New President/CEO and Executive Vice President/COO...

Joseph Kornwasser, who made the announcement, has been serving as National Bank of California's interim President/CEO since the Bank's long-time President/CEO and co-founder Barry W. Uzel passed away in November 2010. "We welcome Henry Homsher's leadership and market knowledge as we execute our strategy to keep National Bank of California in the forefront as a strong, independent business bank," Kornwasser said. "Henry and Peter are both veteran banking leaders who bring valuable expertise to our already strong management team."

With over 30 years in the banking industry, Homsher brings extensive banking experience in California to his new position, as National Bank of California's President and Chief Executive Officer. For Pacific Coast Bankers Bank in San Francisco he was a Director for 6 years and President/CEO from 2002 to 2003, as well as responsible for loan syndications in excess of $350 million and acquisition activities. For almost 20 years between 1982 and 2001, he served in various positions at Frontier State Bank/Frontier Bancorp in Redondo Beach, including eight years as President, Chief Executive Officer and Chairman of the Board. Most recently, he was founder and President of Alternative Strategies LLC in Cypress, California where he applied his expertise in asset quality and negotiation as a consultant for banks that need to maximize recovery of loan losses and reduce nonperforming assets. He has a BS degree in Business Administration, Accounting and Finance from California State University at Northridge. An avid sailor, Homsher is married with four children.

Peter Koos, Executive Vice President and Chief Operating Officer, has over 30 years of banking experience. As well as recently being a financial banking consultant, he served as President and Chief Executive Officer at various state-chartered Banks and Organizing Groups for the last ten years. At Frontier State Bank in Redondo Beach he was the Bank's Chief Financial Officer and in 1999 was appointed as President and Chief Executive Officer of Frontier Bancorp. In 2002, he was a founder of Continental Bank of America and under his leadership as Director and President/CEO the de-novo bank became profitable in 15 months. He joined Golden Security Bank in 2005, helping to restore its profitability and regulatory standing. Koos has a Commercial Banking Diploma from the University of Colorado's Graduate School of Banking and is involved in various civic and charitable organizations.

Both Homsher and Koos stated they look forward to contributing their efforts to National Bank of California's experienced management team that has successfully guided the Bank through challenging economic environments and directed its growth and expansion into new markets. back to top

NATIONAL BANK of California - A tribute to our bank's co-founder...

Sadly, our long-time President and Chief Executive Officer passed away in November 2010 after a valiant battle with cancer. As co-founder of National Bank of California, Barry helped guide the Bank from its inception in 1982 to a dynamic community bank with six regional offices and almost $400 million in assets.

Barry's distinguished banking career began with First Western Bank in 1965, following his graduation from Whittier College with a Bachelor of Arts degree in Business Administration and Economics. He later earned a Masters degree in Finance from California State University, Long Beach. Barry spent almost 20 years helping First Western and its successor, Lloyd's Bank California, substantially increase their assets and profitability before leaving to co-found National Bank of California with Board Chairman Joseph Kornwasser.

When National Bank of California celebrated its 25th year as an independent community bank in 2007, this milestone was due in large part to Barry's leadership, market foresight, and energetic work ethic. He successfully guided the bank through challenging economic environments and directed its steady growth and expansion into new markets. Along with his impressive business talents, Barry's philanthropic and community involvement was far-reaching and included serving as President of the Community Bankers of Southern California.

Barry will be deeply missed by all who knew him, not only for his business achievements but also for his friendship, warmth, and good humor. All of us at National Bank of California have dedicated ourselves to continuing the philosophies that have made our Bank successful as a living legacy to Barry Uzel. back to top

July 2008 - Barry W. Uzel recently interviewed by The Wall Street Transcript!

NEW YORK, NY. (July 7, 2008) – The Wall Street Transcript has recently interviewed our President, Mr. Barry W. Uzel.

To read the article, please CLICK HEREback to top

June 2008 - NATIONAL BANK of California named a national top performer by ICBA!

WASHINGTON, D.C. (June 20, 2008) – ICBA Independent Banker, the award-winning national magazine of the Independent Community Bankers of America (ICBA), highlighted NATIONAL BANK of California as a "Top 20" industry earnings performer.

NATIONAL BANK of California was recognized for posting one of the 20 best year-end earnings performances in 2007 for ICBA member banks with assets of $250 million to $500 million in assets.

"Community banks are integral parts of the economic and civic fabric of thousands of towns and cities across America," said Cynthia L. Blankenship, ICBA chairman and vice chairman of Bank of the West, Irving Texas. "In addition to offering the quality financial products and services their customers need, community banks like NATIONAL BANK of California spend countless hours and resources helping their communities thrive. ICBA congratulates NATIONAL BANK of California for serving its community so efficiently and effectively."

NATIONAL BANK of California was identified in ICBA Independent Banker's annual year-end ranking of ICBA members based on the standard industry performance measures of return on average assets and return on average equity. The magazine compiles its annual member rankings in its June issue from the latest available year-end FDIC call report data.

Separate performance rankings are listed for Subchapter S corporation community banks and Subchapter C corporation community banks among five asset categories. For details, visit the online news and media center at www.icba.org and click on Top 20 Best Performers.

ICBA Independent Banker is the flagship magazine published by ICBA. The monthly magazine is the only nationally distributed publication that exclusively covers the community bank marketplace. back to top

NATIONAL BANK of California named a national top performer by ICBA!

WASHINGTON, D.C. – ICBA Independent Banker, the national magazine of the Independent Community Bankers of America (ICBA) highlighted NATIONAL BANK of California as a "Top 20" industry earnings performer.

NATIONAL BANK of California was recognized for posting one of the 20 best year-end earnings performances in 2006 for ICBA member banks with assets of $250 million to $500 million.

"Community banks are integral parts of the economic and civic fabric of thousands of towns and cities across America," said ICBA Chairman James P. Ghiglieri, Jr., president of Alpha Community Bank, Toluca, Ill. "In addition to offering the quality financial products and services their customers need, community banks like NATIONAL BANK of California spend countless hours and resources helping their communities thrive. ICBA congratulates NATIONAL BANK of California for serving its community so efficiently and effectively."

NATIONAL BANK of California was identified in ICBA Independent Banker's annual year-end ranking of ICBA members based on the standard industry performance measures of return on average assets and return on average equity. The magazine compiles its annual member rankings in its June issue from year-end FDIC call report data.

Separate performance rankings are listed for Subchapter S corporation community banks and Subchapter C corporation community banks among five asset categories. For details, visit the online news and media center at www.icba.org and click on Top 20 Best Performers.

ICBA Independent Banker is the flagship magazine published by ICBA. The monthly magazine is the only nationally distributed publication that exclusively covers the community bank marketplace. back to top

Added security for MasterCard Debit Card and MasterCard Business Debit Card internet transactions.

LOS ANGELES – MasterCard SecureCode is a simple and secure way to pay at thousands of online stores. A private code known only to you and your bank, your SecureCode enhances your existing MasterCard account by protecting you against unauthorized use of your card when shopping online at participating online retailers.

Every time you pay online at participating retailers, you will be automatically prompted to enter your own private SecureCode - just like entering a PIN at the ATM. In seconds, you gain added protection while shopping online.

Look for the MasterCard SecureCode logo when shopping at participating online retailers.

To join or for more information: CLICK HEREback to top

We're Taking Internet Security to a Higher Level!

LOS ANGELES – That's why we are pleased to announce that on October 2, 2006, we will be upgrading to the latest version of Internet Banking, which includes a new Advanced Authentication security feature..

The features and functions within Internet Banking will remain the same; however, the way you login to Internet Banking will change. Your new login will include:

• A secret image and caption: When you first logon to Internet Banking with this new security feature, you will select your own secret image and set-up an image caption. We will always display your image and image caption before you are asked to enter your password on our website.

• Multi-Layer Security: This new authentication method allows the security system to authenticate your computer in order to ensure that the sign-in is not a fraudulent attempt to access your account information.

• Three Challenge Questions: In addition, upon your first login of the new system, you will be asked to setup three challenge questions that will be used for verification purposes if the security system does not recognize your computer.

All you need to remember about our new security feature is simple: Once you've signed up, never enter personal information, such as your password, without seeing your personal security image first.

There is also a quick reference guide here and a frequently asked questions document available here. If you still can't find answers to your questions, feel free to e-mail us at at request@nbcal.com or call us at 1-323-655-6001. back to top

Remote Deposit Solution for business customers is here.

LOS ANGELES – NATIONAL BANK of California announces that Remote Deposit Solution for business customers is now available. The Bank's Check 21-authorized program uses digital image technology to transport check data—for more efficiency and quicker access to money.

The Bank's Remote Deposit Solution provides more efficient services to customers by speeding up check processing. Instead of using paper checks, customers can scan images of checks and send them to NATIONAL BANK of California via a secure Internet connection. The Bank then processes the checks electronically.

"With the inauguration of the Check Clearing for the 21st Century Act, which took effect in 2004, we can now provide fast, state-of-the-art check processing services for customers," says Barry Uzel, President and Chief Executive Officer of NATIONAL BANK of California. "We're pleased to be able to offer this new service to our valued business customers," he added.

Check 21 allows financial institutions to provide a substitute check, or IRD (Image Replacement Document), instead of the original check for processing. Substitute checks are the legal equivalent of an original check for all purposes, including any provision of Federal or State law.

Another benefit is that fraud will be reduced. As checks clear faster, banks will be able to identify fraudulent items sooner and minimize customer inconvenience.

NATIONAL BANK of California serves its customers through five strategic locations in Los Angeles, Orange, and Ventura counties. back to top

Our most recent SBA rankings once again make us one of the top SBA bank lenders in California

LOS ANGELES – NATIONAL BANK of California announces its most recent SBA rankings, which once again makes the Bank one of the top SBA bank lenders in California.

The 3rd quarter lender rankings of the U.S. Small Business Administration place NATIONAL BANK of California within the top 20 of SBA bank lenders. The Bank's SBA lending volume exceeds that of some of the state's largest banking chains.

"SBA loans are one of the ways we can help small to medium-sized business pursue new opportunities for growth," says Barry Uzel, President and Chief Executive Officer of NATIONAL BANK of California.

As an independent bank providing a full range of services for small- to middle-market companies since 1982, NATIONAL BANK of California's team of knowledgeable bankers knows and understands the challenges of today's business climate.

With its SBA Preferred Lender Program status, the Bank can approve most SBA loans itself. "We pride ourselves on our knowledge and ability to quickly approve loans in a surprisingly short time period," Uzel adds.

NATIONAL BANK of California serves its customers through five strategic locations in Los Angeles, Orange, and Ventura counties. back to top
©Copyright 2005 - 2013 NATIONAL BANK of California. All Rights Reserved.