Elsewhere Bank

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Corporate History

How we got here.

Elsewhere Bank, a subsidiary of Elsewhere Bancorp, is a progressive Northern California bank that combines traditional deposit and lending services with innovative banking solutions. Founded in December, 1990, Elsewhere Bank is state-chartered with 14 branches in 11 cities including Anderson, Chico, Colusa, Corning, Magalia, Marysville, Oroville, Paradise, Red Bluff, Redding and Yuba City.

Year
Assets and Events
1990
Assets $5 million
Aug Elsewhere Bank founded by a group of distinguished citizens from Paradise and Oroville.
Dec Elsewhere Bank opens in Paradise and Oroville with 17 employees.
1991
Assets $25 million
1992
Assets $36 million
1993
Assets $45 million
Jun Bank opens a branch in Magalia.
1994
Assets $57 million
1995
Assets $72 million
Jan Bank opens a loan production office (LPO) in Chico.
1996
Assets $89 million
Sep Bank opens a full-service branch at 2041 Forest Avenue in Chico.
1997
Assets $118 million
Oct Yuba City branch opened in Sutter County.
1998
Assets $145 million
Jun Central Services and Real Estate Loan Center is completed in Chico.
1999
Assets $158 million
Mar New telecommunications network, centralized cash management department and call center.
Jun Bank opens sixth full-service branch at the Albertson’s Shopping Center in North Chico.
2000
Assets $214 million
Feb Loan production office opened in Roseville.
2001
Assets $272 million
2002
Assets $337 million
Feb Third Chico branch opened on Mangrove Avenue.
Apr Yuba City branch relocated to Feather Down Shopping Center. We share space with Starbucks Coffee.
Jun Elsewhere Bancorp formed. Elsewhere Bank is its principal asset.
2003
Assets $387 million
May Redding Loan Production Office opened.
Jun Magalia branch relocated to inside Holiday Quality Foods – Our first in-store branch.
Jun Second Paradise branch opened at Clark and Wagstaff.
Jul Roseville loan production office relocated to Citrus Heights.
Sep Mangrove Center opened in Chico.
Nov North Chico branch relocated.
2004
Assets $450 million
May First Red Bluff branch opened.
Jul First Marysville branch opened.
Dec Elsewhere Insurance Agency opens at Mangrove Center, Chico.
Dec First Colusa branch opened.
2005
Assets $495 million
Mar First Corning branch opened.
Sep First full-service branch in Redding opened.
2006
Assets $550 million
May Stock began trading on NASDAQ Capital Market with symbol EWBK on May 1, 2006.
Jun Bank relocates to new Red Bluff location.
Jul Bank relocates to new Redding location.
Oct Bank relocates to new Marysville location.
Nov Bank relocates to new Corning location.
2007
Assets $581 million
Feb Bank launches internal Fraud Detection System.
Jun Remodel of South Paradise branch complete.
Jun Elsewhere Bancorp launches new website.
Aug Bank opens second Redding branch.
Aug Bank opens first Anderson branch.
Sep Bank launches online Home Loan Center.
Oct Bank launches Remote Deposit for business customers.
2008
Assets $590 million
Jan Bank introduces Simply Free Personal Checking products.
Mar Elsewhere Bancorp announces tender offer.
Apr Bank launches Community Workshops.
Jun Bank offers North State fire recovery assistance.
Jun Bank introduces Fraud Protection Plus™
Jul Bank introduces Simply Free Business Checking products.
2009
Assets $581 million
Sep Stock voluntarily delisted from NASDAQ Capital Market on September 25, 2009.
Sep Stock began trading on OTC Bulletin Board on September 28, 2009.

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Elsewhere Bank is a fictitious financial institution and is not affiliated with any real bank, credit union or investment company, past or present.

We do not take deposits, make loans, pay interest, or conduct any financial transactions whatsoever. Click here for the whole scary disclaimer.

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