Patriot Bank has opened its flagship California location in Beverly Hills, launching with more than $100 million in deposits from high-net-worth families, entrepreneurs, and business leaders throughout Southern California. The new office at 9647 Brighton Way also houses the bank's flagship Founders Club lounge, an exclusive membership program for its most valued depository clients. Jeff Seabold and Richard Smith are leading Patriot's expansion in Beverly Hills and the broader Southern California market, while Rebecca Shah heads the high-net-worth banking center and Dana Caprio manages the Founders Club lounge. President and CEO Steven Sugarman said the early success in gathering deposits confirms the strength of the market opportunity and Patriot Bank's position as a premier private banking alternative.
Patriot National Bancorp IncOpened flagship Beverly Hills location with over $100 million in deposits from high-net-worth clients, indicating strong demand for its private banking services.