S.C. COUNTY BANK EXPANDS vs

SANTA CRUZ COUNTY'S ONLY LOCALLY OWNED BANK IS EXPANDING TO SCOTTS VALLEY. THE SCOTTS VALLEY BRANCH OF THE SANTA CRUZ COUNTY BANK WILL OPEN IN ABOUT A MONTH AT 4604 SCOTTS VALLEY DRIVE. THE BANK (WITH ASSETS OF ABOUT $41 MILLION) INTENDS TO ALSO OPEN A BRANCH IN WATSONVILLE, NEXT YEAR. SANTA CRUZ COUNTY BANK HAS ITS HEAD OFFICE AT 325 SOQUEL AVENUE IN SANTA CRUZ AND HAS TOTAL DEPOSITS OF $30 MILLION.