Seacoast Commerce Banc Holdings and its wholly owned subsidiary Seacoast Commerce Bank announced the hiring of Scott R. Andrews as the executive vice president and chief administrative officer for both the company and the bank.
Andrews has more than 35 years of experience covering all aspects of banking, having worked in large, regional, and community banks. His responsibilities have ranged from retail and business banking management, where he managed over 200 branch locations, to managing business development teams, business lending operations, cash-management and treasury operations, marketing, corporate properties, and branch back-office operations.
Andrews also has extensive experience in forming de novo banks, opening branches, completing mergers and acquisitions, successfully integrating transactions, and completing capital raisings.
Andrews comes to Seacoast from Pacific Commerce Bank in Los Angeles, where he was president and chief executive officer until its merger with Vibra Bank on April 8. At Pacific Commerce, Andrews was responsible for the bank’s turn-around, improved credit quality, increased efficiencies, significant balance sheet growth, and returning the bank to profitability., Seacoast said.
Richard Sanborn, Seacoast’s president and chief executive officer, said, “We have absolute confidence Scott is the right person to lead our administrative functions which will include our branches and branch operations, deposit growth initiatives, treasury and cash management functions, as well as help with the evaluation and implementation of new growth opportunities within the company and the bank.”