Notes from the CEO
Todd Sorensen Joins Our Business Development Team
Five Star Bank is pleased to announce that Todd Sorensen has joined the organization as a Senior Vice President, Business Development Officer. He will work out of the Sacramento Business Office located at 2400 Del Paso Road. Sorensen is charged with developing loan and deposit clients as well as providing private banking and wealth management services in the communities of and surrounding Sacramento.
A native of the Sacramento region, Sorensen currently lives in Sacramento’s Land Park area and comes to Five Star Bank with an extensive background in financial services. Sorensen has worked in banking since 1995 holding positions in commercial banking and wealth management for various national and regional financial institutions.
“Few banks want to handle a corporate client’s business concerns and, at the same time, handle the executive’s personal needs without sending them to another group,” said Sorensen. “As a seasoned commercial and private banker I have a unique advantage to serve both types of clients simultaneously and Five Star Bank has the wherewithal to handle it.”
At the same time, Five Star Bank knows its niche and isn’t trying to be everything to everyone,” he said. “It concentrates on selected core competencies and does them really, really well.”
“I am pleased with the growth path that Five Star Bank has traveled in the past few years and I know Todd’s addition to our team will help ensure that we continue to build upon our great foundation,” said James Beckwith, President and CEO. “He’s a talented individual and we’re glad to offer our clients another resource to help move their businesses forward.”
Sorensen holds an M.B.A. and a B.S. in Finance and Management from California State University Sacramento. He currently sits on the board of directors of Sacramento Child Advocates and coaches basketball at Holy Spirit Parish School.
Sorensen can be contacted at 916-640-1510 or via email at tsorensen@fivestarbank.com.
