We have previously shared what California Bank of Commerce is doing to ensure business continuity, as well as the health and safety of our colleagues, clients and business partners, during this challenging time. Those remain our top priorities, and currently more than 85% of our colleagues are working remotely, with minimal staff maintained onsite to assure execution of essential business functions.
We understand that many of you are facing significant disruptions to your businesses and have been forced to change your day-to-day activities. We also recognize that with significant recent regulatory changes, including the passage of the Coronavirus Aid, Relief and Economic Security (CARES) Act, you have questions about how to ensure future financial success.
We stand ready to help you navigate these changes and meet both short-term and long-term banking needs. We are actively working with clients to address immediate needs, and we will continue to update our relationship managers with the latest definitive information to assist with answering questions.
We remain deeply vested in our relationship with you and are eager to help craft banking solutions for your company. Our relationship managers and support staff are fully available to answer questions and address concerns.
Thank you for continuing to place your trust in us. We are proud to be working through this event together as your banking partner.
Steven E. Shelton
President & CEO