Five Star Bancorp, which operates through its wholly-owned subsidiary, Five Star Bank, hired a team of five commercial banking professionals in San Francisco to advance the company’s expansion strategy in the San Francisco Bay Area. The company also announced it expects to open a full-service office at 345 California St. in San Francisco in Q3/24.

The company is adding the five new members to an existing team of Bay Area commercial banking professionals led by DJ Kurtze, Five Star Bank’s San Francisco Bay Area region president.

“We continue to build momentum in the San Francisco Bay Area as we welcome a team of five well-respected and highly experienced professionals who we believe will enhance our expansion efforts in the Bay Area. We have gained considerable traction in onboarding new Bay Area clients who have learned about our extensive and high-tech business banking capabilities,” James Beckwith, CEO of Five Star Bank, said.

“There is a gap in San Francisco commercial banking left from Silicon Valley Bank and First Republic Bank failures. That is why the Bay Area entrepreneurial community has been seeking a Northern California bank that provides a high-touch, highly personalized concierge banking experience. Our clients can count on our team to listen to and support their interests, which we expect will benefit communities through regional economic growth for many years to come. Our clients trust us and we believe in them,” Kurtze said.