Patriot Bank, the wholly owned subsidiary of Patriot National Bancorp, opened its flagship California location in Beverly Hills with more than $100 million in deposits from high-net-worth families, entrepreneurs and business leaders throughout Southern California.
Richard Smith and Jeff Seabold are leading Patriot’s expansion into Beverly Hills and the greater Southern California market. Rebecca Shah leads the Beverly Hills office, while Dana Caprio manages its Founders Club. The Beverly Hills team also includes Christina Beltran, Arsen Gaboyen and Patricia Lira.
“Our Beverly Hills location, together with Patriot Bank’s recent expansion in Greenwich CT and Palm Beach, FL, reflects our strategic focus on serving high-net-worth clients in markets where demand for personalized banking remains underserved. Patriot’s early success gathering over $100 million in deposits from clients served by our Beverly Hills office confirms the strength of both the market opportunity and Patriot Bank’s position as the premier private banking alternative for successful individuals and businesses,” Steven Sugarman, president and CEO of Patriot Bank, said…