Business & Real Estate

Festivities to open California Bank & Trust in downtown Sacramento Thursday

California Bank & Trust will host ribbon-cutting ceremonies at 6:30 p.m. Thursday to formally open its new downtown Sacramento branch at 520 Capitol Mall, Suite 100. The bank had a soft opening on Sept. 29.

Bank officials said the move to Capitol Mall is more convenient for CB&T customers in Sacramento. The bank’s main branch was previously located at 1331 Broadway.

Tory Nixon, executive vice president and head of the bank’s Northern California division, said in a statement that “we are selectively expanding our team in the region and dedicating new resources.”

CB&T has more than 100 branches statewide, including offices on Arden Way in Sacramento, South Land Park Drive in south Sacramento and Highland Pointe Drive in Roseville.

San Diego-based CB&T is a subsidiary of Zions Bancorporation, headquartered in Salt Lake City.

Call The Bee’s Mark Glover, (916) 321-1184.