Greater Bay Bancorp (Nasdaq:GBBK), a $7.3 billion in assets financial services holding company, today announced that its banking subsidiary, Greater Bay Bank, N.A., has received an �Outstanding� rating from the Office of the Comptroller of the Currency as a result of its recent examination of the Bank�s compliance with the Community Reinvestment Act (�CRA�). The examination evaluated the Bank�s record of performance in meeting the credit needs of its communities in the areas of service, investment, and lending. �Being consistently proactive in meeting the needs of the communities we serve is at the very heart of our business model as our long-term success is inexorably tied to the well-being of the people who work and live around us,� stated Byron A. Scordelis, President and Chief Executive Officer. �An �outstanding� CRA rating is a tangible affirmation of our success in that endeavor. We are both pleased and honored to have been recognized in this way,� he continued. About Greater Bay Bancorp Greater Bay Bancorp, a diversified financial services holding company, provides community banking services in the greater San Francisco Bay Area through the Greater Bay Bank, N.A. community banking organization, including Bank of Petaluma, Coast Commercial Bank, Golden Gate Bank, Mid-Peninsula Bank, Mt. Diablo National Bank, Peninsula Bank of Commerce and Santa Clara Valley National Bank. Nationally, Greater Bay Bancorp provides specialized leasing and loan services through its specialty finance group, which includes Matsco, CAPCO and Greater Bay Capital. ABD Insurance and Financial Services, the Company�s insurance brokerage subsidiary, provides commercial insurance brokerage, employee benefits consulting and risk management solutions to business clients throughout the United States. For additional information and press releases about Greater Bay Bancorp, visit the Company�s web site at http://www.gbbk.com. Safe Harbor This document may contain forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those projected. For a discussion of factors that could cause actual results to differ, please see the publicly available Securities and Exchange Commission filings of Greater Bay Bancorp, including its Annual Report on Form 10-K for the year ended December 31, 2005, and particularly the discussion of risk factors within such documents. Greater Bay Bancorp (Nasdaq:GBBK), a $7.3 billion in assets financial services holding company, today announced that its banking subsidiary, Greater Bay Bank, N.A., has received an "Outstanding" rating from the Office of the Comptroller of the Currency as a result of its recent examination of the Bank's compliance with the Community Reinvestment Act ("CRA"). The examination evaluated the Bank's record of performance in meeting the credit needs of its communities in the areas of service, investment, and lending. "Being consistently proactive in meeting the needs of the communities we serve is at the very heart of our business model as our long-term success is inexorably tied to the well-being of the people who work and live around us," stated Byron A. Scordelis, President and Chief Executive Officer. "An 'outstanding' CRA rating is a tangible affirmation of our success in that endeavor. We are both pleased and honored to have been recognized in this way," he continued. About Greater Bay Bancorp Greater Bay Bancorp, a diversified financial services holding company, provides community banking services in the greater San Francisco Bay Area through the Greater Bay Bank, N.A. community banking organization, including Bank of Petaluma, Coast Commercial Bank, Golden Gate Bank, Mid-Peninsula Bank, Mt. Diablo National Bank, Peninsula Bank of Commerce and Santa Clara Valley National Bank. Nationally, Greater Bay Bancorp provides specialized leasing and loan services through its specialty finance group, which includes Matsco, CAPCO and Greater Bay Capital. ABD Insurance and Financial Services, the Company's insurance brokerage subsidiary, provides commercial insurance brokerage, employee benefits consulting and risk management solutions to business clients throughout the United States. For additional information and press releases about Greater Bay Bancorp, visit the Company's web site at http://www.gbbk.com. Safe Harbor This document may contain forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those projected. For a discussion of factors that could cause actual results to differ, please see the publicly available Securities and Exchange Commission filings of Greater Bay Bancorp, including its Annual Report on Form 10-K for the year ended December 31, 2005, and particularly the discussion of risk factors within such documents.
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