Redding Bank of Commerce Announces Purchase of L&L Payroll Service
PR Newswire
REDDING, Calif., Aug. 29, 2011
REDDING, Calif., Aug. 29, 2011 /PRNewswire/ — Patrick J. Moty, President & CEO of Bank of Commerce Holdings (NASDAQ: BOCH), a $868.5 million bank holding company, and parent company of Redding Bank of Commerce™, Roseville Bank of Commerce™ (a division of Redding Bank of Commerce), and Bank of Commerce Mortgage™ today announced the purchase of L&L Payroll Service.
Established in 1998 in Redding, California, L&L Payroll Service offers complete payroll, labor cost management with direct deposit and online access to local small businesses with 1 to 300 employees. Redding Bank of Commerce also offers a full payroll solution tailored individually to the needs of small business, and the combination will bring the total number of payrolls processed to 259.
Lori Yarnell, the owner of L&L Payroll will be joining the expert staff on the payroll team of Redding Bank of Commerce. With over thirteen years of payroll and benefit administration experience, Lori brings additional strength to the division.
“We are very excited to welcome a colleague of Ms. Yarnell’s caliber to our team,” said Patrick J. Moty, President & CEO.
Redding Bank of Commerce offers a full line of payroll solutions for all size businesses, including time and attendance programs, automatic tax services, free direct deposit, customized reporting, workers compensation tracking and Section 125 Administration. For more information visit our website at www.reddingbankofcommerce.com or call the Payroll Division directly at 530-224-7360.
BOCH is a NASDAQ National Market listed stock. Please contact your local investment advisor for purchases and sales. Investment firms making a market in BOCH stock are:
Raymond James Financial / Howe Barnes |
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John T. Cavender |
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555 Market Street |
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San Francisco, CA (800) 346-5544 |
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Hill, Thompson, Magid & Co. Inc / R.J. Dragani |
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15 Exchange Place, Suite 800 |
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Jersey City, New Jersey 07030 (201) 369-2908 |
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Keefe, Bruyette & Woods, Inc. |
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Dave Bonaccorso |
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101 California Street, 37th Floor |
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San Francisco, CA 94105 (415) 591-5063 |
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Sandler & O’Neil /Bryan Sullivan |
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919 Third Avenue, 6th Floor |
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New York, NY 10022 (888) 383-3112 |
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McAdams Wright Ragen, Inc. /Joey Warmenhoven |
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1121 SW Fifth Avenue |
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Suite 1400 |
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Portland, Oregon 97204 (866) 662-0351 |
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Stiffel Nicolaus |
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Perry Wright |
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1255 East Street #100 |
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Redding, CA 96001 (868) 950-5524 |
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Contact Information:
Patrick J. Moty, President & CEO
Telephone (530) 722-3953
Linda J. Miles, Executive Vice President and Chief Operating Officer
Telephone (530) 722-3955
Samuel D. Jimenez, Executive Vice President and Chief Financial Officer
Telephone (530) 722-3952
SOURCE Bank of Commerce Holdings
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