What is now Bank of the West has expanded over 130 years from the California frontier to its current position. The bank now serves nearly 4 million households and businesses in hundreds of communities in 19 Western and Midwestern states: Arizona, California, Colorado, Idaho, Iowa, Kansas, Minnesota, Missouri, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, South Dakota, Utah, Washington, Wisconsin and Wyoming.
Today, Bank of the West is a high-performance, full service regional financial services company with over $61 billion in assets, more than 700 commercial and retail banking locations and approximately 10,700 employees. The bank’s development has been sustained through a strong focus on a superior level of customer service, promoted with Bank of the West’s bear brand. Bank of the West employs a business model that lets the bank make service-focused decisions -- about credit, products and other aspects of its operations -- as quickly, consistently and as close to the customer as possible. The bank operates distinct units to provide a range of superior deposit, credit, insurance and investment products and services — Commercial Banking and Regional Banking, which includes National Finance.
The Commercial Banking Group provides business credit, deposit and cash management services for large corporate customers, including specialties in:
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- Agribusiness
- Cash management
- Commercial real estate and construction
- Small Business Administration Credit
- Religious institution banking
- Health care institutions
- Correspondent Banking for financial institutions
- Government agencies and municipalities Equipment financing, through the bank’s branches and brokers across the U.S., including vendor finance programs
- Loan syndication
- Trade finance
- Capital markets
The Regional Banking Group serves individuals, small businesses and middle-market commercial customers through:
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- More than 700 retail and commercial banking locations
- Private Banking offices
- Construction Loan offices
- Internet and Telephone Banking centers
- 769 ATMs throughout 19 states
- A full array of deposit, loan, insurance and investment products and banking services through the office network, via Internet, and by telephone
- Mortgage and home equity credit
- A specialized group of bilingual "Pacific Rim Banking" branches serves predominantly Asian-American clients in California
- Trust and wealth management services
- Auto loans and leases plus loans for marine pleasure craft and recreational vehicles nationwide, directly to consumers and through 5,600 dealers.
A subsidiary, Essex Credit Corporation, focuses on brokerage and refinancing of larger marine and RV credits nationwide.