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Patriot Bank Opens Flagship California Location in Beverly Hills

July 01, 2026, 07:14 AM
Filed Under: Company Announcements
Related: Patriot Bank

Patriot Bank N.A., the wholly owned subsidiary of Patriot National Bancorp Inc., announced the opening of its flagship California location in Beverly Hills with more than $100 million in deposits from high-net-worth families, entrepreneurs and business leaders throughout Southern California. This milestone marks a significant achievement for Patriot Bank.

Richard Smith and Jeff Seabold are leading Patriot’s expansion into Beverly Hills and the greater Southern California market. Rebecca Shah leads the Beverly Hills office, while Dana Caprio manages its Founders Club. The Beverly Hills team also includes Christina Beltran, Arsen Gaboyen and Patricia Lira.

Beverly Hills is one of the nation’s premier markets for high-net-worth banking and is a natural fit for Patriot Bank's relationship-driven, concierge-level banking platform.

“Our Beverly Hills location, together with Patriot Bank’s recent expansion in Greenwich CT and Palm Beach, FL, reflects our strategic focus on serving high-net-worth clients in markets where demand for personalized banking remains underserved. Patriot’s early success gathering over $100 million in deposits from clients served by our Beverly Hills office confirms the strength of both the market opportunity and Patriot Bank's position as the premier private banking alternative for successful individuals and businesses,” said Steven Sugarman, President and CEO of Patriot Bank.

“Beverly Hills is a natural next step for Patriot Bank, and it is especially meaningful to be serving this community again,” said Seabold. “This market is driven by entrepreneurs and business leaders who value trust, responsiveness, and strong personal relationships. We look forward to reconnecting with longstanding clients while continuing to deliver the personalized banking experience that defines Patriot Bank.”







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