CERRITOS,CA - After 30 years of building a successful market share in The City of Artesia, State Bank of India (California) has to relocated its branch from Artesia to Cerritos to better serve the community. On October 15, SBIC opened the doors of their new branch in The City of Cerritos. Coupled with a seasoned staff and a new location, this move is advantageous for the Bank as it will help increase brand awareness while catering to the...
Board members from the Cerritos Chamber of Commerce, City members, SBIC customers, and the local community. The Bank’s representatives included dignitaries from the parent bank, State Bank of India (SBI) Venkat Nageswar Chalasani, Deputy Managing Director, International Banking Group & Chairman of SBIC Board, and Ashwini Tewari, Country Head of US Operations, SBI & SBIC Board Member who all helped to inaugurate the branch. Others from SBIC included Rama Mohan Rao Amara, President & CEO, Jay Patel, SVP, COO, Sukhvinder Kaur, SVP & RM, and the Cerritos Branch VP, Pramod Tewari. The community support during the ceremony was heartwarming and greatly appreciated.
“We are excited to bring our vast line of competitive consumer and business products and services to the local community and we look forward to gaining a good share of market in the City of Cerritos,” stated Rama Mohan Rao Amara. They currently offer convenient consumer and business services that consist of online account opening, specialized money transfer services to India (remittance services), no ATM fee international debit card, online and mobile banking, and much more. The Bank also offers competitive CD rates, money market and checking accounts insured by FDIC with great incentives, to help you meet your financial goals. SBIC also provides commercial real estate and loans to local businesses and a comprehensive treasury management solution. They promise to continue to bring new ways to create innovative banking products and services that will meet the needs of current and future State Bank of India (California) customers.
State Bank of India (California) is a full-service financial institution, offering an extensive portfolio of lending solutions as well as comprehensive consumer, business, and international services. The Bank was established in 1982 as a California State Chartered Bank under the Department of Business Oversight (formerly Department of Financial Institutions) in Los Angeles, California. At present, they have a total of seven branches throughout California with their headquarters located in Downtown Los Angeles. It is a fully owned subsidiary of State Bank of India, one of the largest banks in the world and a Fortune 500 company.
The Cerritos branch is located in the Cerritos Towne Center at 17500 Bloomfield Avenue, Suite B, Cerritos, CA across from Walmart and next door to the AT&T store.