Members of the Folsom community joined the Folsom Chamber of Commerce this evening to officially welcome Poppy Bank to the local business community with an official ribbon cutting.

Located inside the Bel Air Supermarket in the Broadstone shopping center at 260 East Bidwell Street, Poppy Bank is recognized as one of the strongest financial institutions in the nation, according to a company press release. 

Members of the Folsom Chamber of Commerce performed the official ribbon cutting at the event that was well attended with many leaders from region as well as the management of Poppy Bank.  

“Choose Folsom is thrilled to welcome Poppy Bank to our city,” said Shannon Robb, Vice President of Strategic Partnerships of Choose Folsom. “We look forward to supporting the community-focused bank as they grow in our community.”

Among the area leaders to recognize the new location were Congressman Kevin Kiley, Assemblyman Josh Hoover, Senator Roger Niello, Folsom Vice Mayor Sue Frost and Folsom Vice Mayor YK Chalamcherla. 

Poppy Bank, recently named the best business bank and recognized as one of the strongest financial institutions in the nation with assets nearing $6 billion, today announced the grand opening of its Folsom branch. The full-service banking facility is expected to encompass 30 branches throughout California before the end of the year and is conveniently located at 2760 E. Bidwell Street inside Bel Air grocery store.    

“We are very excited to open a new branch in Folsom as we continue our strategic initiative of opening branches throughout California,” said Poppy Bank President and CEO, Khalid Acheckzai. “At a time when many banks are closing branches, I am pleased that we are continuing to grow and expand. This is a testament to our strength, reliability, and sound risk management practices. We look forward to supporting the economic prosperity of this great community and deepening our relationships with our Sacramento area partners.”

Poppy Bank specializes in creating personal deposit portfolios with a full spectrum of competitive products and services including treasury management — and commercial, construction, and SBA/USDA lending. The bank is also one of few in the nation to offer C-PACE (Commercial Property Assessed Clean Energy) financing. Currently located in Roseville, Folsom, and Elk Grove, the Bank will be welcoming a 4th Sacramento location in Crocker Village later this year. 

The financial institution also has loan production offices in Northern and Southern California, as well as in Utah, Texas, and South Carolina.  The bank boasts a 5-star rating by BauerFinancial, the nation’s leading independent bank and credit union rating firm, and is recognized as one of the strongest financial institutions in the country.  For more information visit the bank’s website at www.poppybank.com or pay the new Folsom branch a visit. 

Photo: Sean Smith