Five Star Bancorp announced the hiring of Jeff Winkel, as Senior Vice President /Managing Director, and the promotion of Reagan Ballo to Vice President /Managing Director of Government Banking, both of whom will advance the Company?s expansion strategy in the San Francisco Bay Area. The Company expects to open a full-service office at 345 California Street, San Francisco, in the third quarter of 2024. Prior to joining Five Star Bank as Senior Vice President /Managing Director, Winkel served as Senior Vice President, Group Director of Commercial and Private Banking at Flagstar Bank and Senior Managing Director of Business Banking at First Republic Bank.

At First Republic Bank, Winkel was responsible for underwriting business credit requests, growing overall banking relationships and ensuring a high-level client service experience. Winkel managed senior credit analysts and senior compliance officers, and worked closely with a team of preferred bankers in different regions who assisted in managing clients? day-to-day banking needs.

His work focused mainly in the San Francisco Bay Area, but he had a presence in New York City and Southern California. Winkel?s client composition leans heavily toward the non-profit sector. Prior to his promotion to Vice President /Managing Director of Government Banking, Ballo served as Vice President, Government Banking Officer at Five Star Bank.

Ballo joined Five Star in 2018 as an Accelerated Leadership Track participant. In this program, Ballo worked in the operations department as well as the relationship banking department. He was soon promoted to Market Intelligence Analyst where he identified new business opportunities.

He now leads the bank?s government banking efforts. Ballo graduated from the University of California, Davis with a Bachelor of Science degree in managerial economics and a minor in contemporary leadership. In the past, Ballo served on the board of the UC Davis Chapter for Students in VITA, an IRS program that provided free tax return preparation to low-income individuals and families, the elderly and those with disabilities.