Vidya Sethuraman
India Post News Service
Poppy Bank, which is recognized as one of the strongest financial institutions in the country in terms of security, strength and reliability opened its door in the City of Fremont, California on Dec 6. Fremont branch is located at 39152 Paseo Padre Parkway. Named after the vibrant California state flower Poppy, the bank is rated 5-Stars by BauerFinancial.
“We thought it was time. I moved to Fremont from Afghanistan when I was 9 years old. I attended the American high school on Fremont Blvd. I always wanted a branch here. We always intended to go into the vibrant and multicultural Fremont,” said President and CEO Khalid Acheckzai. “We are very excited to open a new branch in Fremont as we continue our strategic initiative of opening branches throughout California,” he added in a statement. Fremont is closer to me and my family, my parents still live here to date and I visit them every week. Our principal focus and dedication remain on supporting the businesses and economic prosperity of the communities in which we live and work, added Khalid. We are recognized as one of the strongest financial institutions in the nation with branches throughout California.
Since opening the first branch in January 2005, Poppy Bank has grown to over $4 Billion in assets with branches across the San Francisco Bay Area, Roseville, and Southern California. Poppy Bank is a full-service bank. The Bank accepts deposits, makes loans and provides other services for the public. Poppy Bank specializes in business lending including commercial loans and lines of credit as well as commercial real estate, construction and U.S. Small Business Administration- and U.S. Department of Agriculture-generated loans.
Poppy Bank has also been ranked as one of the best-performing banks in the nation by the ICBA. The Bank is governed by a strong team of Executive Officers and a dedicated Board of Directors formed entirely by accomplished business leaders. Poppy Bank exists to meet the banking needs of clients and to make a positive difference in the communities served. For more information visit www.poppy.bank.
