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This entry refers to a departed business — a business that has closed or left town. Information here is mostly for historical reference. |
The "S" style was later used for a later bank that decided to re-use the name and symbol in 2005.
| Location |
| 104 River St., Santa Cruz, CA 95060 |
| Hours |
| M-Th 10-5, F 10-6, Sa 10-4 |
| Owner(s) |
| Main office in Los Angeles. |
| Lifespan |
| Santa Cruz:1973-1992 |
| Payment Method |
| Cash, check, credit card, and other bank media. |
In 1868, Hellman, Temple and Co. opened in Los Angeles, California. The bank later became Farmers and Merchants Bank and later Security First National Bank. Security First National Bank bought Pacific National Bank and became Security Pacific National Bank in 1967.
In April, 1992 Security Pacific Bank merged with BankAmerica (Bank of America). The Santa Cruz branch of Security Pacific became Bank of America. (The name is sometimes listed as "BankAmerica," the holding company that bought Security Pacific Bank.) In 2000, Robert H. Smith, the last chairman and CEO of Security Pacific wrote a book about the merger, "Dead Bank Walking: One Gutsy Bank's Struggle For Survival And The Merger That Changed Banking Forever."
In February 2005, Network Bank USA and Golden Pacific Bank merged and adopted Security Pacific Bank as a name using the same logo as the original. The two banks have no historical or financial connection to the original Security Pacific Bank. The second Security Pacific Bank failed in November 2008. (The second bank had no Santa Cruz County branch.)
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Related Links
- Departed Businesses
- : 1978 Commercial for Security Pacific.
- Bank of America
- Banks, Credit Unions and Financial Services
Comments
2011-09-30 22:53:42 I started banking with Security Pacific Bank in 1972. Before computers. They were very good to me and I still think of them often. Then and ever since, I've had a very low income but that didn't matter to them. When I had problems or questions, they took their time, they listened, they cared and found solutions that I never would have expected. Like I said, that was before computers. —207.200.116.73
