Torrey Pines Bank Reports Strong Third Quarter

“Conservative” lender avoided sub-prime loans
By Eilene Zimmerman
Posted on Mon, Nov 23rd, 2009
Last updated Fri, Nov 20th, 2009

John Maguire, President & CEO, Torrey Pines Bank

^{Courtesy photo}

Torrey Pines Bank reported strong growth in the third quarter of this year, with increases in deposits, an increase in net income and substantial capacity to fund new business loans and lines of credit. The Bank is a leading local commercial bank with offices throughout the county, and is a subsidiary of Western Alliance Bancorporaton.

Click here to read the full story on SanDiego.com.

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“Despite the steady decline in the number of checks written over the past few
years, check fraud continues to be a major concern for banks and retailers .
One of the benefits arising from the adoption of Check 21 that can help
improve fraud prevention is part of the image exchange and archive process.”

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Story secured by Zenzi was picked up in numerous outlets including ABC News, Motley Fool, Fox News, Fresno Bee, Huffington Post, Monterey Herald, Star Tribune, Yahoo Business and more.  This exponentially increased value of unpaid media and directly impacted business development efforts of the custodial firm.