Rick Sanborn Named New Chairman of the California Bankers Association
SACRAMENTO – The California Bankers Association (CBA) today announced that Rick Sanborn, President and CEO of Seacoast Commerce Bank, will serve as the 2014-2015 chairman of the board of directors for California’s largest banking trade association. Sanborn, a 24-year veteran of the financial services industry, also serves as a director of the bank.
“The CBA is honored to have Rick Sanborn serve as our chairman of the board this year,” said Rodney K. Brown, president and CEO of CBA. “He is a longtime active member of the association, and an accomplished banker. The CBA and California’s entire banking community will benefit substantially from his more than two decades of experience in the financial services industry.”
“It is an honor to serve as the association’s chairman,” Sanborn said. “Through this important volunteer leadership position with the CBA, I look forward to continuing to be an advocate and positive voice for the banking community and supporting our member banks in their dedicated efforts to serve California’s communities and promote economic growth.”
Prior to joining Seacoast Commerce Bank, Sanborn was the executive vice president and chief banking officer for Pacific Western Bank, which at the time was headquartered in San Diego. Prior to its acquisition by Pacific Western Bank, Sanborn was the chief administrative officer at Community National Bank, where he helped grow the institution from just under $500 million to just under $1 billion in assets.
Sanborn has been a member of the CBA board and executive committee for the past 12 years and recently served as chairman of the State Political Action Committee, co-chairman of the PAC Administrative Committee and vice chairman of the Federal Government Relations Committee.
About the California Bankers Association (CBA)
Established 123 years ago, the California Bankers Association (CBA) is one of the largest state banking trade associations in the country. CBA leads the way in developing relevant educational and legislative solutions to some of California’s more pressing financial and banking issues, including financial empowerment, identity theft, financial privacy, and financial elder abuse. CBA’s membership includes the majority of California’s commercial, industrial and community banks and savings associations. For more information, visit www.calbankers.com.