New Executive VP Brings Deep Central Coast Banking Experience

One of the Central Coast’s most experienced agribusiness lenders has joined Heritage Oaks Bank. Rob Osterbauer will serve as market area president in San Luis Obispo County, where he will be responsible for growing and managing all loans and deposits. In addition he will lead the Agribusiness Division for the entire bank.

Osterbauer comes to his new post with a deep background in agribusiness lending. He spent seven years at Rabobank N.A, where he most recently managed the bank’s Central Coast agribusiness division. He is a Certified Public Accountant who dedicated six years of his career to public accounting. He has long-term roots on the Central Coast, having received a Business Economics degree from UC Santa Barbara before completing an MBA at Cal Poly, SLO. He is a member of the American Institute of Certified Public Accountants and the California Society of CPAs.

“Rob Osterbauer is a critically important addition to the Heritage Oaks Bank executive team,” said Simone Lagomarsino, president and chief executive officer. “A seasoned professional like Rob will be invaluable as we grow, especially in light of our interest in the agribusiness sector. We are delighted to welcome him to the bank,” she concluded.

Osterbauer commented on his new position. “I am looking forward to my new career at Heritage Oaks Bank. The bank has worked hard to get through the difficult times and is well positioned to grow. I am very impressed with the entire team and look forward to helping make this a successful bank and great place to work,” he said.  Osterbauer and his family live in Arroyo Grande.

Heritage Oaks Bank and its Santa Barbara Division, Business First Bank, operates full service banking branches and a loan production office located from Paso Robles through Ventura County. The Bank is a Preferred Lender by the U.S. Small Business Administration and is the largest  community bank headquartered on the Central Coast.

Member Federal Deposit Insurance Corporation and Equal Housing Lender.