Mark Troncale

Mark Troncale

CO-FOUNDER, PRESIDENT, NANO BANC

WHY: Started bank in 2018, growing from no assets to $815M as of Dec. 31,
2019. Bank focuses on four things: service, technology, culture, and being “a
low branch model.” Building own software, hardware platforms; patents
pending. Tripled size of HQ in Spectrum.

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RECENT: Already a top 30 bank in OC by deposits; licensing technology to other
community banks. Says many banking technologies “out there that aren’t being
utilized. You’d be very surprised.”
 
NOTABLE: Nano’s founders all worked at California Republic Bank, which was founded in 2007 and acquired for $330M by Mechanics Bank in 2016. QUOTABLE: “A lot of tech company disrupters have shorter names. Nano is associated with technology and small and we wanted to reflect that.”