TriCo Bancshares announced that it has completed its previously-announced merger with FNB Bancorp as of 6 July 2018.
The newly combined company, operating as TriCo Bancshares with its banking subsidiary, Tri Counties Bank, has total assets of approximately $6.1 billion.
“We are excited to combine two community-focused financial institutions who are both significantly involved in the markets they serve,” said Richard P. Smith, President and CEO of the newly combined Tri Counties Bank.
“We look forward to providing our clients with additional lending capabilities and expanded product offerings while delivering our unique brand of Service With Solutions®.”
“We see this merger as a significant milestone in our company’s history that positions us for continued growth and success,” said Smith. “Our commitment to provide value to our clients, communities and shareholders remains our top priority.”
While First National Bank of Northern California officially became part of Tri Counties Bank on July 6, 2018, the First National Bank branches will continue to operate under the name “First National Bank” until conversion of the operating systems, anticipated to occur in the third week of July 2018.
During the conversion weekend, slated for July 20-22, 2018, First National Bank banking centers, along with the client relationships and all accounts, will convert to Tri Counties Bank. All First National Bank branches will be closed on Saturday July 21, 2018 for purposes of the transition.
The branches will reopen under the Tri Counties brand on Monday, July 23, 2018 and clients will have access to a community based branch network throughout Northern and Central California, access to a national network of over 25,000 surcharge-free ATMs, advanced online and mobile banking, and banker support by phone 7 days per week.
Prior to