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This profile was last updated on 4/20/14  and contains information from public web pages and contributions from the ZoomInfo community.

President

Phone: (209) ***-****  HQ Phone
Email: j***@***.com
Modesto Commerce Bank
1302 J Street
Modesto, California 95354
United States

Company Description: We offer many innovative products and services to help make your business banking seamless. Click on the links below to get more detailed information. Checking...   more
Background

Employment History

Board Memberships and Affiliations

58 Total References
Web References
Board of Directors
www.stanalliance.com, 20 April 2014 [cached]
JEFF BURDA Modesto Commerce Bank
Heidi Howell Writing Services
www.heidihowell.com, 11 Feb 2013 [cached]
Jeffrey P. Burda, president, Modesto Commerce Bank; chief financial officer-treasurer, State Theatre of Modesto Inc.
CNNfn Finance Watch
cnnfnfina.yellowbrix.com, 8 Oct 2002 [cached]
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 said.
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 said.
Modesto banker Burda edged ...
www.modbee.com, 5 Mar 2013 [cached]
Modesto banker Burda edged out of Bank of Stockton job
...
MODESTO -- Jeff Burda, perhaps Modesto's best-known bank executive, has been edged out of his management position with the family-owned Bank of Stockton.
...
Burda, who turns 60 this month, was a founder and chief executive officer of Modesto Commerce Bank, which the Bank of Stockton purchased in 2003. He previously had been CEO of Modesto Banking Co.
For the past decade, Burda held a leadership position at the Bank of Stockton, most recently as retail manager for all 15 of its branches.
...
Modesto Bee - Jeff Burda
...
"I was informed the next generation of Eberhardts didn't see me as part of their team," Burda said.
...
"The Eberhardt family owns about 75 percent of the bank so it essentially is a family business," Burda explained.
...
"I was geared up to finish my career with Bank of Stockton," said Burda, who had not planned to retire for five years. He said he now has "a lot of recalibrating to do."
He lives in Modesto and plans to stay. "I love community banking and I think I still have something to offer," Burda said. "I don't have a noncompete agreement so I hope to play a role at another bank somewhere."
Back in the mid-1990s after the locally owned Modesto Banking Co. was bought by a larger bank, Burda helped form a new community bank Modesto Commerce Bank.
Creating another locally owned bank now would not be so easy, Burda said. He said there are a lot more financial regulations, and "it's tougher to loan out money these days because there are fewer and fewer locally owned businesses."
"There's very little new credit growth in the valley," Burda said. "You just don't see many expansions going on."
He said community banks need to make small-business loans to prosper, and that's hard to do when companies are not growing.
Burda is among California's highest-ranked senior amateur golfers and he plans to continue with that hobby.
Jensen and Miller cruise to capture SCGA Senior Four-Ball title | Southern California Golf Association
www.scga.org, 10 Nov 2011 [cached]
Jeff Burda, another resident of Northern California and member of the SCGA, won this year's SCGA Senior Amateur this past June at the Victoria Club. The two associations' top players are playing more and more events in opposite territory - increasing the prestige and competition at tournaments throughout the state.
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