BANKING/ FINANCE
Compiled by James S. Granelli Times staff writer
Business Bank Expands: At a time when many banks are cutting back on operations, CommerceBank in Newport Beach has beefed up its presence in Long Beach.
The bank, which caters exclusively to businesses, has expanded a small loan production office it had to a full-service regional office in a business center next to the Long Beach Airport.
The bank, with assets of $326 million, also has branches in Newport Beach, Costa Mesa and Orange.