Press Releases

Community Bank of the Bay Completes $119.4 Million Capital Raise; US Treasury makes Preferred Stock Investment 

Oakland, California – June 7, 2022 – Bay Community Bancorp, (OTC Pink: CBOBA) (the “Company”), announced  today that its wholly-owned subsidiary, Community Bank of the Bay, (the “Bank”) a San Francisco Bay Area  commercial bank and California’s first FDIC insured Community Development Financial Institution (“CDFI”) with  full-service offices in Oakland, Danville and San Mateo, completed a $119.4 million investment from the US  Treasury Department.  

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Community Bank of the Bay Forms Bank Holding Company; Ticker Symbol to Change to CBOBA 

Oakland, California – December 7, 2020 – Community Bank of the Bay (the “Bank”) (OTCPink:CBYAA), announced that, after having received all regulatory and shareholder approvals necessary for the reorganization of the Bank into a bank holding company format, that it consummated the reorganization as of December 7, 2020.  Effective the close of business on December 7, 2020, Bay Community Bancorp (“Bancorp”) will become the bank holding company for the Bank.  Trading of Bay Community Bancorp’s,  Series A Voting Common Stock, will begin on Tuesday, December 8, 2020, under the symbol “CBOBA.”  The reorganization will be completed through a share exchange in which the Bank’s shareholders will receive one share of common stock of Bay Community Bancorp in exchange for each share of the Bank’s common stock.

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