Notes from the CEO

What is an Emerging Business?

At Five Star Bank take great pride in what we do well. The team we have assembled includes experts in many different facets of business banking. We’re an SBA preferred lender and have a great deal of experience in small business banking. We have resident experts in commercial real estate, agricultural lending, nonprofit banking, and faith-based banking.  The reason the afore mentioned business niches are areas of focus for us is because we are good at them.

 Another thing we are good at it seems is embracing our own vernacular. The business niche that we call “Emerging Business” casts a wider net than are other areas of expertise. To us, emerging business means entrepreneurship. This can include start-ups all the way to established companies who are ready to take it to the next level. Many of the companies we deal with in this space are technological in nature.

Perhaps the best way to think about emerging business is to look back 10, even five years ago. Think about the technological advances that have come about in that short amount of time. Do you remember when there was no iPhone?  Since it’s unleashing upon the masses the iPhone has created its own economy. According to an LA Times article by Deborah Netburn earlier this month, the “app economy” has created more than 450,000 jobs. Think about that! Almost half a million jobs have been created from a single piece of technological innovation. Prior to 2007 the “app economy” did not exist.

That is emerging business. That is what Five Star Bank wants to foster. The integration of selling and creating apps for mobile devices is just one of many examples of what’s possible and we cannot wait to see what’s next.

James E. Beckwith
President & CEO
Five Star Bank

South Placer

6810 Five Star Blvd.
Suite 100
Rocklin, CA 95677

Rancho Cordova

3100 Zinfandel Drive
Suite 100
Rancho Cordova, CA 95670


2400 Del Paso Road
Suite 100
Sacramento, CA 95834

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9355 E. Stockton Blvd.
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Elk Grove, CA 95624

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358 Hartnell Avenue
Suite B
Redding, CA 96002


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Chico, CA 95973