What is Golden Pacific Bancorp?
Golden Pacific Bancorp (GPB) is a California corporation recently formed for the purpose of owning all of the stock of Golden Pacific Bank, to be located in Sacramento, California, and to acquire interests in other financial institutions. Its principal activity will initially be the ownership of all of the outstanding common stock of Golden Pacific Bank, a proposed federal savings bank regulated by the Office of Thrift Supervision. It will also be actively involved in fostering the formation of, and acquiring, other financial institutions.