Grandpoint Capital, Inc.
Grandpoint Capital, Inc.
is a Southern California based community bank launched in 2010 by a team of recognized banking executives who draw on their many years of experience to lead a bank built around client needs. Grandpoint focuses on the financial requirements of businesses and their owners, entrepreneurs, professionals, high-net-worth individuals, and financial institutions. Initially capitalized with $80 million and with a clean balance sheet, Grandpoint is positioned to grow organically by attracting new deposit and loan relationships, while capitalizing on the stress being experienced in the Southern California banking market by selectively acquiring failed institutions and other community banks.
In June, 2010, Calera Capital made an initial investment in Grandpoint in partnership with management. Calera has committed additional equity to Grandpoint to support its growth and future acquisitions.