Santa Maria Valley Chamber of Commerce Ambassadors helped celebrate the new branch and corporate headquarters location for Community Bank of Santa Maria with a ceremonial ribbon cutting.
Community Bank of Santa Maria has been a Chamber member since it first opened in March 2001. The bank celebrated its newest location with a ribbon cutting and will host a networking mixer from 5-7 p.m. on Thursday, Oct. 15.
The bank recently completed renovations on its new location at 2739 Santa Maria Way. Bank President Janet Silveria said they are anxious to show off the new look of the headquarters and branch where “the home of Santa Maria-style banking was born.” In particular, Silveria said she is proud of the large mural that depicts historic images of the Santa Maria Valley.
With banks growing larger in the 1990’s, James D. Glines (Jim), a fifth generation Santa Marian and former Executive Vice President of Bank of Santa Maria, became concerned that the unique needs of Santa Maria residents and business were being overlooked by the growing multi-regional banks. Jim approached William A. Hares (Bill), former President of the Bank of Santa Maria, with the idea of forming a new bank, one whose sole purpose was to provide personal banking and local decision making to the people of Santa Maria.
The bank opened its doors on March 1, 2001 with Bill Hares as Chairman of the Board, Jim Glines as President and CEO and a member of the bank’s Board of Directors, and Janet Silveria as Chief Financial Officer. In August, 2012, Janet was appointed President and a member of the bank’s Board of Directors.
On January 1, 2015, Bill retired as Chairman of the Board, but continues to actively serve on the Board as Chairman Emeritus and Chairman of the Executive Committee; Jim retired as CEO, and was promoted to Chairman of the Board; and, Janet was appointed as Chief Executive Officer in addition to serving as President and a member of the Board. All three remain Executive Officers of the bank.