Tri-Valley Bank is a San Ramon, California community bank providing deposit and lending services. It raised $4.0 million through a private placement offering announced in May, with proceeds collected as of August 31, 2011. The bank plans to use the funding to increase regulatory capital levels, support growth, and for general corporate purposes. All of the bank’s board members participated in the private placement. As of June 30, 2011, Tri-Valley Bank reported $80 million in assets, $68 million in deposits and $50 million in loans. The offering remains open to accredited investors subject to a $50,000 minimum purchase and ownership limits capped at 9.99% per investor.

Total raised

$4M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2011