LOS ANGELES, Sept. 11, 2018 /PRNewswire-PRWeb/ -- First Choice Bancorp (NASDAQ: FCBP) today announced that First Choice Bank has been named one of the Best Banks to Work For in 2018. The Best Banks to Work For program, which was initiated in 2013 by American Banker and Best Companies Group, identifies, recognizes and honors U.S. banks for outstanding employee satisfaction. Full results of this year's program are available at American Banker and in the September issue of American Banker Magazine.
First Choice Bank employees gathered in New York City at Nasdaq MarketSite to ring the stock market closing bell on August 18th. At the gathering, Chairman Peter Hui spoke to the group, "The first time I was in the Wall Street area, I was a poor student from Hong Kong and got lost in the big apple. I was attracted to this country by its reputation. Today as I stand here with my First Choice family, I know for a fact that America is indeed a land of opportunities. First Choice Bank was founded in 2005 by a group of passionate first generation immigrants, determined to help others to realize their American dream. Along the way we have evolved into a fusion bank catering to diverse communities. We value clients' trust and their time. Our doctrine is First in Speed, Service and Solutions. Yet we have one simple formula: always do the right thing. We invest in our customers, and they in turn, invest with us."
Determining the Best Banks to Work For involves a two-step process. The first step involves an evaluation of participating companies' workplace policies, practices, and demographics. In the second step, employee surveys are conducted to directly assess the experiences and attitudes of individual employees with respect to their workplace. The combined scores determine the top banks and the final ranking.
Chairman Hui explained, "At First Choice Bank, we are family. We call our employees, partners because we are all shareholders. We align our interests to enhance shareholder value. The diligence of our family and the faithfulness of our loyal customers led us to the podium at Nasdaq. We are humbled. We will put our gratitude in action with disciplined performance and by continuing to give back to the community."
Best Companies Group annual ranking recognizes the financial institutions that are committed to investing in employees' job satisfaction, career development and personal growth – a 'return on assets' that can be hard to measure by traditional means. "One of the most valuable assets for any organization is the team of people it employs, and banks are no exception,' said Rob Blackwell, editor in chief of American Banker.
About First Choice Bancorp
First Choice Bancorp is a community-based bank holding company headquartered in Cerritos, California, and it is the sole shareholder of First Choice Bank. As of July 31, 2018, the First Choice had total assets of approximately $1.5 billion. First Choice Bank, headquartered in Cerritos, California is a community-focused financial institution, serving diverse consumers and commercial clients and specializing in loans to small businesses, private banking clients, commercial and industrial (C&I) loans, and commercial real estate loans with a niche in providing financing for the hospitality industry. First Choice Bank is a Preferred Small Business Administration (SBA) Lender. Founded in 2005, First Choice Bank has quickly become a leading provider of financial services that enable our customers to grow, maintain strength, and achieve their business objectives. We strive to surpass our clients' expectations through our efficiency and professionalism and are committed to being "First in Speed, Service, and Solutions." First Choice Bancorp stock is traded on the Nasdaq Capital Market under the ticker symbol "FCBP."
Forward-Looking Statements
Readers should note that in addition to the historical information contained herein, this press release includes "forward-looking statements," including but not limited to statements about the integration of the Pacific Commerce transaction. These tatements are subject to many risks and uncertainties, as detailed from time to time in filings made by First Choice with the Securities and Exchange Commission. Readers should note that the forward-looking statements included in this press release are not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "will," "propose," "may," "plan," "seek," "expect," "intend," "estimate," "anticipate," "believe" or "continue," or similar terminology. Any forward-looking statements presented herein are made only as of the date of this press release, and we do not undertake any obligation to update or revise any forward-looking statements to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.
SOURCE First Choice Bank
Share this article