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Sunday, Mar 15, 2026
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FINANCE/BANKING: JEFF REDEKER

PRESIDENT , BEACH CITIES COMMERCIAL BANK

WHY:Has been in OC banking circles for almost 30 years, including helping start San Juan Capistrano-based Capital Bank that was sold in 2017.

IN THE NEWS:Raised $26M after three banks collapsed in March.

QUOTABLE:“I believe this is a good time to start a bank. If you start a bank during good economic times, spreads are compressed. Right now, you have a lot of banks not doing any lending. We have a clean balance sheet and no portfolio issues.”

NOTABLE:Beach Cities is third bank to open in Orange County in past two years.

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