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Home > Company Index > Banking > Banking - West > Monterey Bay Bancorp, Inc.

Monterey Bay Bancorp, Inc.
Nasdaq: MBBC
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 PROFILE
Monterey Bay Bancorp acts as a holding company for Monterey Bay Bank, which operates about 10 branches along the central coast of California. Targeting individuals and local business customers, the bank offers such standard retail services as checking and savings accounts and certificates of deposit. Lending activities consist primarily of residential mortgage loans (nearly 40% of the loan portfolio). The bank also provides commercial mortgages, construction loans, and consumer loans. Portola Investment Corporation, a subsidiary of the bank, sells insurance and investment products.

 COMPETITION
Bank of America Corporation (BAC)
Central Coast Bancorp (CCBN)
Pacific Capital Bancorp (SABB)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 40.10
1-Yr. Sales Growth: 11.7%
Employees: 137
Revenue per employee: $292,700.73

 KEY PEOPLE
• C. Edward Holden
    CEO
• Mark R. Andino
    CFO

 CONTACT INFO
567 Auto Center Dr.
Watsonville, CA 95076
US
Phone: 831-768-4800
Fax: 831-722-6794
Online: Web Site

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