First Bank Achieves Approval as a Participating Financial Institution Program Member


Congratulations to Shelley Seifert, Chairman/CEO and Theresa DeGroot, Managing Director, First Bank, Lake Forest, CA having achieved approval by the California Infrastructure & Economic Development (“IBank”) as a participating member financial institution and whereas, the bank is able to leverage California’s capital access programs to expand its direct lending efforts to small businesses throughout its California assessment region.

First Bank is a St. Louis, MO based $6.2 billion financial institution whose Tier1 capital exceeds $804 million plus 43 California branches and in business over four generations. The IBank was created in 1994 to finance public infrastructure and private development that promote a healthy climate for jobs, contribute to a strong economy and improve the quality of life in California communities #banking #smallbusiness #sbdoc