Jeffrey Burda, president and CEO of Modesto Commerce Bank, will remain in charge of its three branches.
But with the merger, Burda
said more branches will be opening in Modesto. Modesto Commerce Bank
traditionally caters to businesses.However, Bank of Stockton
has a large retail base and offers many services for consumers like home equity loans. Burda
said by offering those same services, the bank's clientele base would expand."Our expectations are that we'll continue to grow and expand in Stanislaus County," he
Also, Modesto Commerce Bank
will continue to operate with its same systems, so customers will not have to reorder checks or get new account numbers."The localness is going to remain," he