Banker Reunion
Banker Reunion: Harvey Ferguson, a 37-year banking veteran, has rejoined old colleagues by taking on the posts of president and chief executive of the Bank of Orange County.
Ferguson, who started at the Fountain Valley bank on Monday, replaced David Hoffman, who expects to be appointed president soon of another Southern California bank in a neighboring county.
Ferguson, 56, was reunited with a top management team that helped him stabilize a somewhat troubled California City Bank in Orange and build it into a stronger institution, which was sold in 1989 to CommerceBank in Newport Beach.
Among his former colleagues is Philip J. Rocco, a director and largest single shareholder of Bank of Orange County’s parent company, Orange Bancorp. Rocco, owner of Rocco’s Truck, Van & Four-Wheel-Drive Wrecking in Santa Ana, was a director at California City.
After a stint as an executive at CommerceBank, Ferguson joined Eldorado Bank in Tustin as chief administrative officer as that institution restructured its operation. He left in March to work as a consultant with the Findley family of financial consulting firms in Anaheim. His primary consulting job was at Ventura County National Bank in Oxnard.
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