Western Sierra Bancorp. (WSBA.NASDAQ)
Interview with: Gary Gall, President and CEO
Business News, Financial News, Stocks, Money & Investment Ideas, CEO Interview
and Information on their 33 branches and loan production
facilities in the counties of El Dorado, Placer, Sacramento, Lake, Stanislaus, San
Joaquin, Calaveras, Amador, Contra Costa, Tuolumne, and Butte, CA. |
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Western Sierra Bancorp is in position
to continue its successful strategy of opening new branches and making acquisitions in
high growth areas
Financial
Regional
(WSBA.NASDAQ)
Western Sierra Bancorp.
Gary Gall
President and CEO
Interview conducted by:
Lynn Fosse, Senior Editor
CEOCFOinterviews.com
April 7, 2005
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"In
the Sacramento region, we have been fortunate over the last ten years. We have had an
average of over 2.5% population growth rate and over 3% per year employment growth rate.
Amazingly, we have had retail sales of over nine percent a year. There is still a demand
for housing in Sacramento and it is still affordable. We find that companies from the east
bay still want to bring their business out here because of the lower rents and employment
is so much cheaper than trying to hire somebody in the bay area. One other nice thing
about the area is there is still a lot of land, so there is still potential for growth.
Rocklin, Folsom, Elk Grove, North Natomas, Yuba City, Modesto, Merced, and Turlock are all
areas of strong growth." - Gary Gall |
