How we got here.
Elsewhere Bank, a subsidiary of Elsewhere Bancorp, is a progressive Northern California bank that combines traditional deposit and lending services with innovative banking solutions. Founded in December, 1990, Elsewhere Bank is state-chartered with 14 branches in 11 cities including Anderson, Chico, Colusa, Corning, Magalia, Marysville, Oroville, Paradise, Red Bluff, Redding and Yuba City.
Year |
Assets and Events |
|
|---|---|---|
1990 |
Assets | $5 million |
| Aug | Elsewhere Bank founded by a group of distinguished citizens from Paradise and Oroville. | |
| Dec | Elsewhere Bank opens in Paradise and Oroville with 17 employees. | |
1991 |
Assets | $25 million |
1992 |
Assets | $36 million |
1993 |
Assets | $45 million |
| Jun | Bank opens a branch in Magalia. | |
1994 |
Assets | $57 million |
1995 |
Assets | $72 million |
| Jan | Bank opens a loan production office (LPO) in Chico. | |
1996 |
Assets | $89 million |
| Sep | Bank opens a full-service branch at 2041 Forest Avenue in Chico. | |
1997 |
Assets | $118 million |
| Oct | Yuba City branch opened in Sutter County. | |
1998 |
Assets | $145 million |
| Jun | Central Services and Real Estate Loan Center is completed in Chico. | |
1999 |
Assets | $158 million |
| Mar | New telecommunications network, centralized cash management department and call center. | |
| Jun | Bank opens sixth full-service branch at the Albertson’s Shopping Center in North Chico. | |
2000 |
Assets | $214 million |
| Feb | Loan production office opened in Roseville. | |
2001 |
Assets | $272 million |
2002 |
Assets | $337 million |
| Feb | Third Chico branch opened on Mangrove Avenue. | |
| Apr | Yuba City branch relocated to Feather Down Shopping Center. We share space with Starbucks Coffee. | |
| Jun | Elsewhere Bancorp formed. Elsewhere Bank is its principal asset. | |
2003 |
Assets | $387 million |
| May | Redding Loan Production Office opened. | |
| Jun | Magalia branch relocated to inside Holiday Quality Foods – Our first in-store branch. | |
| Jun | Second Paradise branch opened at Clark and Wagstaff. | |
| Jul | Roseville loan production office relocated to Citrus Heights. | |
| Sep | Mangrove Center opened in Chico. | |
| Nov | North Chico branch relocated. | |
2004 |
Assets | $450 million |
| May | First Red Bluff branch opened. | |
| Jul | First Marysville branch opened. | |
| Dec | Elsewhere Insurance Agency opens at Mangrove Center, Chico. | |
| Dec | First Colusa branch opened. | |
2005 |
Assets | $495 million |
| Mar | First Corning branch opened. | |
| Sep | First full-service branch in Redding opened. | |
2006 |
Assets | $550 million |
| May | Stock began trading on NASDAQ Capital Market with symbol EWBK on May 1, 2006. | |
| Jun | Bank relocates to new Red Bluff location. | |
| Jul | Bank relocates to new Redding location. | |
| Oct | Bank relocates to new Marysville location. | |
| Nov | Bank relocates to new Corning location. | |
2007 |
Assets | $581 million |
| Feb | Bank launches internal Fraud Detection System. | |
| Jun | Remodel of South Paradise branch complete. | |
| Jun | Elsewhere Bancorp launches new website. | |
| Aug | Bank opens second Redding branch. | |
| Aug | Bank opens first Anderson branch. | |
| Sep | Bank launches online Home Loan Center. | |
| Oct | Bank launches Remote Deposit for business customers. | |
2008 |
Assets | $590 million |
| Jan | Bank introduces Simply Free Personal Checking products. | |
| Mar | Elsewhere Bancorp announces tender offer. | |
| Apr | Bank launches Community Workshops. | |
| Jun | Bank offers North State fire recovery assistance. | |
| Jun | Bank introduces Fraud Protection Plus™ | |
| Jul | Bank introduces Simply Free Business Checking products. | |
2009 |
Assets | $581 million |
| Sep | Stock voluntarily delisted from NASDAQ Capital Market on September 25, 2009. | |
| Sep | Stock began trading on OTC Bulletin Board on September 28, 2009. | |