Plaza Bank is no longer doing business under that name because it has been merged or acquired. See the successor institution Pacific Premier Bank.
We are nearing the end of our 2nd year working with Plaza Bank and I must say, it's been a delightful pleasure during what has been a trying time for most company's.
In early 2011, we set out to change banks for our company, to ease the pressure we'd been having with our current bank on our credit line and overall banking relationship. As the economic downturn spiraled in 2009 and 2010, our old bank was offering us a $1M credit line, but requiring $750,000 as cash collateral to be held. Our company was fortunate, we had the cash to post as collateral (as we are very conservative) and readily use and go up and down on our credit line to meet operating needs.
We found Plaza bank and a meeting was set with the bank President and 2 staff from the credit department. From the moment we met, it was clear they wanted a long term relationship and were willing to work with us, to carve a credit line and set of covenants that didn't constantly require us to run into issues. It was very refreshing and, in addition, they offered a longer term agreement.
Needless to say, as the CFO, I've been very pleased with the relationship with Plaza and as we move to investigate SBA financing, Plaza will be our first choice. The smooth, seamless relationship with Plaza, has allowed us to focus directly on our business growth needs and not have the constant interruptions on our bank credit line.
Ernie - CFO
We do not have health information for Plaza Bank, because it is no longer an operational bank.
Sorry, we do not have rate data for Plaza Bank.
Sorry, but we do not have location data for Plaza Bank. Its headquarters is located at 18200 Von Karman Avenue, # 5 - Irvine, CA 92612