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Private Bancorp of America Appoints Richard L. Sowers As President and CEO

PRIVATEAug 10, 2026•about 2 hours ago

Position

Chief Executive Officer

Company

Private Bancorp of America

Richard L. Sowers
CaliforniaFinancial ServicesFinanceFintechLendingBanking

Description

On August 4, 2026, Private Bancorp of America, Inc. appointed Richard L. Sowers as President and Chief Executive Officer

Company Information

Company

Private Bancorp of America

Location

California, United States

About

Private Bancorp of America, Inc. operates through CalPrivate Bank, delivering relationship-focused banking solutions in coastal Southern California. The company emphasizes the importance of fostering strong client relationships and maintaining a disciplined approach to lending and balance sheet management. It aims to provide customized solutions that meet individual client needs while focusing on core deposit growth and excellent service. The company continues to be recognized for its superior financial performance and commitment to innovation in the banking sector.

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