Southern California Bancorp Announces Appointment of Richard Martin to Board of Directors
May 23, 2023 at 01:00 pm
Share
Southern California Bancorp announced the appointment of Richard Martin to the Board of Directors of the Company and of its wholly owned subsidiary, Bank of Southern California, N.A., effective May 18, 2023. Mr. Martin has been appointed to serve on the Company's Audit and Risk Committee. Mr. Martin, a certified public accountant, founded R. Martin & Associates in 2003, a certified public accounting firm providing business consulting, tax, and accounting services to a broad variety of industries. Before founding R. Martin & Associates, he served for seven years as a Senior Manager at PricewaterhouseCoopers (1995 -- 2000; 2001 -- 2003), providing clients with business consulting, tax consulting, and compliance services, including consulting on optimal business structuring, mergers and acquisitions, and accounting methods review. Prior to that, he served as a Supervising
Senior Tax Specialist for public accounting firm KPMG (1990 -- 1994).Mr. Martin served for 12 years on the board of directors of Americas United Bank (2006 -- 2018), where his tenur included serving as the Chairman of the Asset and Liability Committee, as well as the Nominating Committee, and as a member of the Audit Committee. Mr. Martin currently serves on the board of directors of Glendale Memorial Hospital- Dignity Health, City of Burbank Treasurer's Oversight Committee, and the foundation board for Village Christian Schools. Additionally, he has served on the board of directors and audit committee for the Burbank YMCA and the Advisory Board for the Accounting Department of Glendale Community College. He is a member of the American Institute of Certified Public Accountants, the California Society of Certified Public Accountants, and Latino Deal Makers.Mr. Martin earned his bachelor's degree in business administration from California State University, Northridge, and attended Golden Gate University for a master's degree in taxation.
Southern California Bancorp is the holding company for Bank of Southern California, N.A. (the Bank). The Bank offers a range of financial products and services to individuals, professionals, and small- to medium-sized businesses through its approximately 13 branch offices serving Orange, Los Angeles, Riverside, San Diego, and Ventura counties, as well as the Inland Empire. Its lending products consist primarily of construction and land development loans, commercial real estate loans, commercial and industrial loans, United States Small Business Administration loans, and consumer loans. The Company's deposit products consist primarily of demand, money market, and certificates of deposit accounts and it offers treasury management services including online banking, cash vault, sweep accounts, and lockbox services. The Company occasionally make loans to individuals for personal and household purposes, including secured and unsecured installment loans and revolving lines of credit.