Affinity Bank was originally named San Francisco Thrift and Loan
and was incorporated in 1982 as a local bank serving the San Francisco
Chinese-American community. In 1995, the Bank was sold to Affinity
Group, Inc. (AGI). The company’s headquarters were relocated
to Ventura, California and the Bank was renamed Affinity Thrift & Loan
before becoming Affinity Bank in 1997. In 1999, AGI transferred
ownership to Affinity Bank Holdings, Inc.
 Affinity
Bank began its new life by offering high-yield deposit products to
customers of its two branch offices and by advertising to members
of several travel and leisure clubs located throughout the United
States. Today, the company offers a complete array of business and consumer deposit products including checking, savings, money market accounts, certificates of deposit and IRAs through a growing network of local branches and a national call center.
On the loan side of the balance sheet, our credit products are focused
on originating
commercial and multi-family real estate loans as well as residential
and commercial construction loans. Our loan origination team works
predominately with professional real estate investors and mortgage
brokers through our ten regional loan offices located in the western
United States. We also provide accounts receivable financing for healthcare organizations as well as loans and lines of credit, including home equity lines of credit, for businesses and consumers in our market areas in northern and southern California.
The Bank’s mission statement includes these three key goals:
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Maintain operating costs below our peer-group member banks
so we can provide competitively priced loan and deposit products
and superior customer service. |
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Provide financing for the rehabilitation and preservation
of existing low cost dwelling units in all markets we serve. |
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Give back to the communities in which we live, work and conduct
business. |
Adhering to these principles has helped fuel our history of continuous
growth and profitability. Thanks to the hard work and dedication
of our employees, Affinity Bank has continuously ranked among the
top banks of its size in the country on the basis of return on equity,
operating efficiency and asset quality.
Looking ahead, we are planning for continuous, profitable growth by expanding our deposit and loan office networks and adding new products and services for our growing number of satisfied customers.
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