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Upside of market turbulence is opportunity for community banks: industry Veteran Paul Rodeno expects more consolidation among stronger institutions.

Publication: San Diego Business Journal
Publication Date: 27-OCT-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Upside of market turbulence is opportunity for community banks: industry Veteran Paul Rodeno expects more consolidation among stronger institutions.(Special Report)(Interview)

Article Excerpt
The turmoil that's beset the financial services industry is generally having limited impact on most San Diego community banks, which didn't make subprime mortgages.

Security Business Bancorp, a downtown-based lender, reported gaining in loans for the second quarter, rather than pulling back as some other banks have done.

Chairman and CEO Paul Rodeno said the six-year-old Security Business Bank has done a fine job of underwriting its...

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