In 1969 our founder and first CEO James Engbarth, a longtime banking veteran, gathered a small group of trusted partners and opened Santiago Commercial Bank at 1st and El Camino in Tustin, CA. The new commercial bank promised to help the business and community development of the growing Orange County area. By 1980, after a decade of steady growth, Santiago Bank officially changed its name to Sunwest Bank, a name that emphasized its growing horizons as an institution.
The most pivotal moment in Sunwest’s history came during the financial crisis. Due to our strong balance sheet and history of conservative underwriting, we were able to purchase five failed banks from the FDIC. From June of 2009 to January of 2014, we acquired Metro Pacific Bank and Pacific Coast National Bank in California, First State Bank in Arizona, Westside Community Bank in Washington, and Syringa Bank in Idaho.
Sunwest had officially grown from a small local real estate bank into a regional bank serving the entire West Coast in just five short years. Sunwest Bank has recently moved its headquarters to Sandy, UT, in the Salt Lake City metropolitan area.
From our founding all the way up until now, we have always been a bank that focuses on two things: helping entrepreneurs achieve their American dream, and giving back to our community. Sunwest specializes in working with small-medium businesses, privately held corporations, family offices, and real estate developers and investors.
We are the bank built by entrepreneurs for entrepreneurs.
Built For Entrepreneurs By Entrepreneurs
Sunwest Bank is an entrepreneurial business bank built for entrepreneurs by entrepreneurs. Sunwest Bank was founded in 1969 in Tustin, CA. Sunwest Bank recently moved its headquarters to Sandy, UT, Salt Lake City metropolitan area.