US Metro Bancorp Inc. (USMT)

Overview

US Metro Bancorp, Inc., as a bank holding company, stands behind US Metro Bank in delivering a wide spectrum of banking services tailored for both commercial businesses and individual consumers. Founded in 2006 and stationed in Garden Grove, California, US Metro Bancorp, Inc. efficiently combines the traditional banking model with innovative financial technologies to serve its clientele. As of August 24, 2021, it has marked its presence with five branches sprawled across Southern California and has expanded its outreach with loan production offices in strategic locations, including Dallas, Seattle, New York, and Atlanta. This network supports its mission to render accessible, reliable, and comprehensive banking solutions.

Products and Services

• Deposit Products

  The company offers a broad range of deposit products that cater to both personal and business banking needs. These include checking accounts for daily transactions, savings accounts for accruing interest over time, money market accounts that offer higher interest rates with greater access to funds, and certificates of deposit for securing money at a fixed interest rate over a chosen period. To streamline operations for commercial entities, treasury management services are also available, providing solutions for managing liquidity, receivables, payables, and fraud protection.

• Loan Services

  With an aim to support growth and development, US Metro Bancorp, Inc. furnishes a variety of loan products. These encompass real estate loans for purchasing or refinancing property, business term loans for funding equipment purchases or capital improvements, lines of credit for financing short-term operational needs, and small business administration loans designed to offer favorable terms to small enterprises. Additionally, the bank caters to specific industry needs through construction and warehouse lending services.

• Electronic Banking

  Recognizing the importance of digital banking in the modern age, the company avails online and mobile banking services, enabling customers to conduct transactions, manage accounts, and access banking services from anywhere at any time. For added convenience, ATM services, telebanc, and wire transfer services are offered, facilitating seamless fund transfers and account management.

• Additional Services

  US Metro Bancorp, Inc. goes beyond traditional banking by offering safe deposit box services for the secure storage of valuable items and documents, as well as debit card services linked to checking accounts for easy access to funds. These supplementary services underscore the company’s commitment to providing comprehensive banking solutions to its customers.