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Temecula Valley Bank zooms past $1 billion at 10-year mark.

Publication: San Diego Business Journal
Publication Date: 27-NOV-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Temecula Valley Bank zooms past $1 billion at 10-year mark.(FINANCE)

Article Excerpt
Temecula Valley Bank, with six of its 10 offices in this county, continued its rapid growth in assets, vaulting into the $1 billion club this year, just before its 10-year anniversary next month.

Chief Executive Officer Steve Wacknitz said when he helped organize the community bank in December 1996, he never foresaw it passing the $1 billion mark within a decade.

"It's all internal growth, too. We haven't acquired any banks to get there," Wacknitz said. "It's really phenomenal growth, and to be able to grow the...

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