Things are heating up in Bay Area community banking after several banks in the region were snapped up by acquirers eager to expand their presence here.
With the loss of so many community banks, it will not be surprising to see a group of business leaders come together to create a new Bay Area community bank. Community banks that have been swallowed, or about to be, include South San Francisco-based First National Bank of Northern California, San Mateo-based United American Bank and San Ramon-based Tri-Valley Bank.