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Article: California's New Scott Valley Bank Has Deep Local Roots.(Originated from Contra Costa Times, Walnut Creek, Calif.)
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- June 27, 1996
- Author:
CopyrightCOPYRIGHT 1996 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WALNUT CREEK, Calif.--Jun. 27--At first glance, Scott Valley Bank's new branch here seems a long way from home. After all, the community bank's Yreka headquarters are 300 miles away from Contra Costa County.
Yet this Siskiyou County-based bank has deeper roots in the Interstate-680 business community than most of its competitors. That's because Scott Valley is a surviving relative of the Bank of Contra Costa -- a bellwether of the I-680 corridor's explosive growth during the 1980s.
Although the Bank of Contra Costa was devoured by First Interstate Bank eight years ago, the family that owned the Contra Costa bank during its heyday remained active in the ...
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