June 2023 Monthly Bulletin
Bank Activity
New Bank
Entrust Bank
Proposed location: Street address to be determined in Downtown Los Altos, Los Altos
Correspondent: James B. Jones
Carpenter & Company, 23 Corporate Plaza Drive, Suite 150, #D-11, Newport Beach, CA 92660
Phone: 949-261-8888
Filed: 5/15/23
Acquisition of Control
Driver Management Company LLC, to acquire control of First Foundation Bank
Approved: 5/04/23
Selwyn Isakow, to acquire control of Private Bancorp of America, Inc.
Filed: 5/10/23
Approved: 5/17/23
Merger
Gateway Bank, F.S.B., Oakland, to merge with and into Royal Business Bank, Los Angeles
Withdrawn: 5/05/23
Surrender of Trust Powers
Manufacturers Bank, to surrender its trust powers
Filed: 3/21/23
Approved: 3/27/23
Effected: 3/31/23