Merchants Bank of Commerce History
MBOC Through the Decades
1982 | Inspired by the need for a bank rooted deeply in the community, 13 Shasta County business professionals collaboratively established Redding Bank of Commerce, serving as the founding board members. Funded by 353 stockholders, the bank welcomed business and professional clients from throughout the surrounding region when it opened in October 1982.
1998 | Redding Bancorp, our parent company, expanded its footprint with the opening of Roseville Bank of Commerce, serving the Sacramento metropolitan area.
2004 | Shareholders voted to change the parent company’s name to Bank of Commerce Holdings, reflecting its evolution as Northern California’s premier bank for businesses.
2007 | Proud of our reputation as northern California’s premier bank for business we re-branded as bank of commerce | bank of choice.
2016 | Bank of Commerce Holdings completed acquisition of five former Bank of America branches, in Colusa, Corning, Orland, Willows and Yreka, for a total of nine branches in six Northern California counties.
Whole-Bank Acquisition and Our New Name
2019 | Bank of Commerce Holdings and its wholly owned subsidiary, Redding Bank of Commerce, completed acquisition of the capital city’s oldest locally owned and operated bank, Merchants Holding Company, and its wholly owned subsidiary, The Merchants National Bank of Sacramento, founded in 1922. Accordingly, we changed our name from Redding Bank of Commerce to Merchants Bank of Commerce, unifying all of our branches and divisions under one name and logo. Our new name honors the legacies of both Redding Bank of Commerce and The Merchants National Bank of Sacramento.
Our name changed, but our ideals prevail intact. We remain committed to our core values of integrity, ownership, respect, excellence and teamwork, with dedication to fostering productive growth in our company, our people and our community.