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Costa Mesa Bank Gets “Needs to Improve” Rating

Costa Mesa-based Commercial Bank of California received a “needs to improve” rating from the Federal Deposit Insurance Corp. on compliance with the Community Reinvestment Act.

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New CEO for Costa Mesa Bank

Banking industry veteran Ash Patel has joined Costa Mesa-based Commercial Bank of California as president and chief executive. Patel succeeds Bala Balkrishna, who is expected to stay as a director of the bank.

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