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Five Star Bancorp opens San Francisco office, bringing personalized, concierge banking services to the San Francisco Bay Area

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Five Star Bancorp opens San Francisco office, bringing personalized, concierge banking services to the San Francisco Bay Area


Five Star Bank

Five Star Bank

Five Star Bank is committed to restoring high-tech, high-touch banking in the San Francisco Bay Area

RANCHO CORDOVA, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) — Five Star Bancorp (Nasdaq: FSBC) (“Five Star” or the “Company”), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank, today opened its first full-service office in San Francisco, further demonstrating its commitment to bringing personalized, concierge banking services to the San Francisco Bay Area.

The approximately 4,000-square-foot, full-service office is located at 345 California Street, Suite 2875 in San Francisco’s Financial District and will accommodate a seasoned team of banking professionals who provide a full suite of treasury products and services, usually available only through large national and global banks, to meet client banking needs and help protect them from fraud. On September 25, Five Star Bank will host an invitation-only grand-opening reception to celebrate its new office with clients, city officials, business and community leaders and media.

“This office opening is the capstone of a series of initiatives including hiring 22 Bay Area banking professionals since 2023. We are very pleased to bring our client-focused, concierge banking services to the San Francisco Bay Area. Our full-service office is open for business and we look forward to welcoming clients for in-person discussions to help them achieve their business goals,” said Five Star Bank President and Chief Executive Officer James Beckwith.

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“Five Star Bank provides direct access to banking experts in the commercial, nonprofit and venture banking industries, and beyond. There is no substitute for in-person conversations and connectivity, the hallmarks of doing business with Five Star. Five Star’s commitment to the San Francisco Bay Area marks the return of high-tech, high-touch concierge banking and our new San Francisco office serves as a bridge to advancing existing client relationships and developing new relationships as we continue to build our presence and our business in the Bay Area,” said Five Star Bank’s San Francisco Bay Area President DJ Kurtze.

Five Star Bank’s 28th floor San Francisco office features a spacious, open floor plan with abundant natural light and beautiful views of San Francisco and the San Francisco Bay in all directions. IN:SITE Design Build Associates, Inc., provided the office design and renderings, with general contracting services by GCI Contractors and office furniture from CRI, San Francisco.

Five Star Bank is a highly respected and trusted banking partner that has earned numerous awards and recognition:

  • The 2024 Greater Sacramento Economic Council’s Sustainability Award recognizing Five Star Bank’s support of industry growth in the Greater Sacramento region

  • 2023 Raymond James Community Bankers Cup

  • 2023 Piper Sandler’s Sm-All Stars

  • 2023 Independent Banker Top Commercial Banks with More than $1 billion in assets (ranking number 6 in the nation)

  • The S&P Global Market Intelligence 2023 Top 50 Best-Performing Community Banks in the nation, ranking number 20 (banks with assets between $3 billion and $10 billion)

  • 2024 Bank Director Magazine (RankingBanking), The Best U.S. Banks with assets less than $5 billion, ranking number 5

About Five Star Bancorp
Five Star Bancorp is a bank holding company headquartered in Rancho Cordova, California. Five Star operates through its wholly owned banking subsidiary, Five Star Bank. The bank has eight branches in Northern California. For more information visit https://www.fivestarbank.com.

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Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent plans, estimates, objectives, goals, guidelines, expectations, intentions, projections, and statements of the Company’s beliefs concerning future events, business plans, objectives, expected operating results, and the assumptions upon which those statements are based. Forward-looking statements include without limitation, any statement that may predict, forecast, indicate, or imply future results, performance, or achievements, and are typically identified with words such as “may”, “could”, “should”, “will”, “would”, “believe”, “anticipate”, “estimate”, “expect”, “aim”, “intend”, “plan” or words or phases of similar meaning. The Company cautions that the forward-looking statements are based largely on the Company’s expectations and are subject to a number of known and unknown risks and uncertainties that are subject to change based on factors which are, in many instances, beyond the Company’s control. Such forward-looking statements are based on various assumptions (some of which may be beyond the Company’s control) and are subject to risks and uncertainties, which change over time, and other factors, which could cause actual results to differ materially from those currently anticipated. New risks and uncertainties may emerge from time to time, and it is not possible for the Company to predict their occurrence or how they will affect the Company. If one or more of the factors affecting the Company’s forward-looking information and statements proves incorrect, then the Company’s actual results, performance, or achievements could differ materially from those expressed in, or implied by, forward-looking information and statements contained in this press release. Therefore, the Company cautions you not to place undue reliance on the Company’s forward-looking information and statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 and Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, in each case under the section entitled “Risk Factors,” and other documents filed by the Company with the Securities and Exchange Commission from time to time.

The Company disclaims any duty to revise or update the forward-looking statements, whether written or oral, to reflect actual results or changes in the factors affecting the forward-looking statements, except as specifically required by law.

Investor Contact:
Heather C. Luck, Chief Financial Officer
Five Star Bancorp
(916) 626-5008
hluck@fivestarbank.com

Media Contact:
Shelley R. Wetton, Chief Marketing Officer
Five Star Bancorp
(916) 284-7827
swetton@fivestarbank.com



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San Francisco, CA

Eastbound I-80 closure in San Francisco snarls traffic, slows business

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Eastbound I-80 closure in San Francisco snarls traffic, slows business


One of San Francisco’s busiest freeways remained shut down Saturday, creating major traffic delays and dampening business for some local restaurants and shops.

All eastbound lanes of Interstate 80 just before the Bay Bridge are closed as crews work around the clock to rehabilitate the roadway. The 55-hour shutdown, which began on Friday night, is scheduled to last until Monday morning in time for the commute.

The closure has forced drivers onto detour routes, leading to heavy congestion for those trying to reach the East Bay, including Oakland and Berkeley. 

The impact is being felt beyond the roadways.

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At MoMo’s, a restaurant across from Oracle Park, staff found business noticeably slower.

“A little bit more mellow than usual. We usually see a little bit more foot traffic, a little bit more people on Saturdays,” said Daniel Bermudez, executive chef at MoMo’s.

Bermudez believes the freeway closure may be discouraging visitors from coming into the city this weekend, despite favorable weather.

“The weather is beautiful today. It’s nice and sunny. So we have plenty of tables outside,” he said.

With the San Francisco Giants playing an away game, the restaurant had hoped fans would still gather to watch, but turnout during game time remained light.

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“This is kind of like our off-season Saturday. A lot slower than our baseball weekend,” said Casandra Alarcon, general manager at MoMo’s.

Other small businesses in the Mission Bay and South of Market neighborhoods reported similar trends, saying most of their customers are regulars who live nearby rather than visitors.

“A little bit slower for sure. Before, we had tourists come and walk to the baseball park,” said Ajaree Safron, manager at Brickhouse Cafe & Bar.

Caltrans has shut down eastbound lanes between 17th and 4th streets to repave the 71-year-old roadway. The goal is to extend the life of the Bayshore Freeway by another decade.

City and transportation officials said the timing of the closure was intentional, noting fewer major events scheduled in San Francisco this weekend, aside from the Cherry Blossom Festival.

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Westbound lanes remain open, and officials said traffic heading into San Francisco from the East Bay has not been significantly affected.

“Getting into the city, it wasn’t too bad.  Regular [traffic], what we expect on a Saturday morning,” said visitor Andrea Inouye.

While the closure has posed challenges for businesses, some workers said they are taking it in stride.

“Hopefully, it’s not for too long and we get past it, and get back to our normal routine,” Bermudez said.

Despite early concerns about widespread gridlock, transportation officials said the region has avoided the worst-case scenario. Traffic remains heavy in areas near detours, but the anticipated “carmageddon” has not materialized, in part because many drivers chose to avoid the area or take public transit.

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San Francisco, CA

Trio of Bay Area High School baseball games at San Francisco Giants’ Oracle Park

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Trio of Bay Area High School baseball games at San Francisco Giants’ Oracle Park


Bay Area High School baseball fans are treated to a rare opportunity Saturday (April 18) with three games at Oracle Park, home of the San Francisco Giants, including the famed Bruce-Mahoney clash between West Catholic Athletic League rivals St. Ignatius and Sacred Heart Cathedral.

The first pitch of the 20th annual Dante Benedetti Baseball Classic starts at 11 a.m. and pits two more San Francisco private schools as University (9-7), winners of four straight, taking on Riordan (5-11). 

That will be followed by the Bruce-Mahoney game at 2:30 between St. Ignatius (12-5, 4-2 WCAL) and the Irish (7-10, 1-5) and finished off with a North Coast Section clash between North Bay’s Marin Catholic (9-7) against Acalanes (7-6-1).  

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The Benedetti Classic, founded by Dante’s Boys Foundation board member Tom Lounibos and Giants president Larry Baer, benefits the DBF which honors the spirit of Benedetti who for nearly 40 years owned San Francisco’s Mr. Baseball nickname for his kindness and generosity to baseball-playing youth in the area. 

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Among their philanthropic efforts are glove and baseball equipment drives, field renovations and contributions to scholarships and sponsorships.

After starting the season 0-4 — three of those losses were by one run — University, under head coach Andrew Suvunnachuen, has found its way, winning the last four, all in Bay Counties League play, by a combined 51-6 count over Lick-Wilmerding (16-1 and 11-3) and San Domenico (13-2 and 11-0). 

Senior catcher and pitcher Jett Messenger leads the way with a .447 average, while getting on base at a .638 rate. He also leads the team with 20 stolen bases. Junior third baseman Tate Gebhart is hitting .419, while Leo Felder and Behbart share the RBI lead with 15 each. 

 Junior Matthew Foley is 3-2 on the mound with a 2.38 ERA and 25 strikeouts in 17.2 innings. 

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Riordan, under second-year head coach Craig Sargent, was 5-5 in nonleague games but lost six straight in the rugged WCAL, losing two tough games this week to Mitty (3-2 and 7-4). Junior third baseman and pitcher Santiono Williams leads the team in batting average (.371), on-base percentage (.488) and stolen bases (nine). He’s also been the team’s top pitcher at 4-2 with a 2.84 ERA. 

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The teams have split two previous games in their history, with Riordan winning 2-0 in 2023 and University prevailing 5-0 in 2021.   

St. Ignatius, led by ninth-year head coach Brian Pollzzie, has already secured the Bruce-Mahoney trophy with four straight wins — one each in football, girls volleyball, boys basketball and girls basketball — but this rivalry is always spirited. 

The Wildcats, who are ranked fourth in the Bay Area by the San Francisco Chronicle, are coming off a tough 3-0 home loss to No. 2 St. Francis on Friday after beating the host Lancers 10-6 on Tuesday. 

The team is led by Stanford-bound Archer Horn, who is hitting .486 with four home runs and a .604 on-base percentage. The shortstop and pitcher also has not allowed an earned run in three pitching appearances while registering one save. 

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Archer Horn is also a standout shortstop on top of a being St. Ignatius’ closer | Photo by Paul Ghiglieri/St. Ignatius

Pitching is a team’s strength with a 2.59 ERA, led by a brigade of strong arms including Leo Rhein (2-0, 2.38), Tycco Giometti (2-1, 2.62), Charlie Stecher 1-1, 0.72) and Chase Gordon (1-0, 2.80). The team is missing standout Finn Demuth, out of the season after undergoing Tommy John surgery. 

Sacred Heart Cathedral, led by fourth-year head coach Gregg Franceschi, has scored 60 runs on the season and given up 61. The Irish are coming off two losses to eighth-ranked Valley Christian (5-2 and 10-1). 

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They are led offensively by junior outfielder Brody O’Sullivan (.381) and senior infielder Jacob Vines (.378). Johnny Nepomuceno and Max Nylander are other run-producers. Zach Stallworth (37 strikeouts, 29.2 innings) and Cooper Rogers Lewis (0.25 ERA) have been the team’s top pitchers. 

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The series has been remarkably close since 2005 with Sacred Heart Cathedral holding a 27-20 edge, though St. Ignatius won both games last season (5-0 and 6-3) after the Irish won 9-7 and 1-0 in 2024.

Marin Catholic hopes to get back to winning after starting the season 9-1, but have since lost six straight, four in Marin County Athletic League play, including 4-2 to Novato on Thursday. Senior outfield Luke Martin is the team’s leading hitter at .478 while senior infielder and pitcher Cooper Mitchell is at .455. Senior infielder Walker Untermann leads the team with 15 RBIs. 

Acalanes is at the other end of the spectrum, winners of five of six after a 2-5-1 start. Junior infielder Tyler Winkles, also a highly recruited quarterback in football, leads the team with a .383 average and nine stolen bases. Riley Gates (2-3, 2.49 ERA, 30 strikeouts) is the team’s top pitcher. 

The teams have played three times, all since 2022, with Marin Catholic owning a 2-1 lead. Acalanes won last year’s game 8-7.

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San Francisco, CA

Fatal Chinatown crash leads to arrest of elderly driver

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Fatal Chinatown crash leads to arrest of elderly driver


A 76-year-old man has been arrested on suspicion of vehicular manslaughter and speeding following a crash in San Francisco’s Chinatown that killed a man working in the area.

Zhuo Ming Lu, 76, is accused in the March 27 crash that left 49-year-old Cutberto Zamora-Martinez, of San Joaquin County, dead.

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Suspect was trying to park

What we know:

Authorities said Lu was attempting to park near Grant Avenue and Jackson Street when his vehicle jumped the sidewalk and crashed into the landmark New Lung Ting Café, also known as the Pork Chop House. The vehicle also struck two pedestrians, including Zamora-Martinez.

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Zamora-Martinez died from his injuries.

He had been working in the area, according to a GoFundMe page. A San Francisco Police Department source close to the investigation told KTVU the victims were carpet installers arriving for work.

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The fundraising page described Zamora-Martinez as a husband and father who was the sole provider for his family and “a humble man who wanted the best for his family.”

Before his arrest, Lu had been cooperating with investigators. Authorities have not confirmed what caused the crash.

Some residents questioned whether the driver’s age or a possible confusion between the brake and gas pedals may have been factors.

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“Maybe if people hit a certain age, you got to get retested for your driver’s license is something I was thinking about,” said Keith Hong, who works next door to the crash site.

Another case involving an elderly driver

Big picture view:

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In an unrelated case, Mary Fong Lau, 80, was sentenced to probation after killing a family of four, two parents and their young children. in March 2024. Authorities said Lau struck the victims as they waited at a Muni stop on their way to the zoo.

Lau pleaded no contest to four felony counts of vehicular manslaughter, and a judge accepted the plea. A Superior Court judge cited her age, remorse and lack of criminal history in the sentencing decision.

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She was placed on probation for two years, banned from driving for three years and ordered to complete 200 hours of community service.

The Source: San Francisco Police Department, prior reporting

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