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The first meeting of the Board of Directors was held December 2, 1903.
Savings Bank opened its doors for banking business on December 11, 1903 in the Redemeyer Building at the corner of State and Perkins in Ukiah.
Due to growing business the Bank moved in 1909 to larger quarters on School Street, into what was later known as the Republican Press Building.
In 1914 Judge James M. Mannon succeeded Mr.
In 1915 the property at the corner of School and Standley in Ukiah was purchased and construction of a new bank building soon began.
The Main Office moved to a temporary location at 107 South State Street in Ukiah as the downtown Ukiah site, its home since 1917, fell to the wrecking ball to make way for a new bank building.
In 1923 Savings Bank celebrated its first 20 years.
The Bank of Hopland was purchased in 1927, making this the first branch of Savings Bank of Mendocino County.
In 1931, while the Great Depression was at its height, Savings Bank bought the assets of First National Bank of Ukiah.
On March 10, 1933 Savings Bank of Mendocino County, being determined financially sound, reopened its doors for banking business.
Charles Shimmin had been employed with Savings Bank since 1935, working many positions within the Bank.
In 1952, Savings Bank purchased the Christian Church property on School Street, giving the Bank a 140 square foot lot for expansion.
In 1953 the Bank celebrated 50 years of service with assets of $10,494,851 and a staff of 24.
By 1956 the addition and remodeling of Savings Bank’s main office on School Street was completed.
William Bromley acquired the position of Savings Bank President with the passing of Charles M. Mannon in 1957.
In 1963 the Barker Warehouse property (E.C. Kraft Building) was purchased.
Bromley was President until his retirement in 1964, when he then became the Chairman of the Board, holding this position for five years.
In 1964 Frank Branson acquired the position of Savings Bank President following Mr.
November 11, 1966 Savings Bank opened its second branch in Ukiah at 1200 South State Street with William Cherry as Branch Manager.
In 1969 the Van Allen property at the corner of Oak and Smith streets was purchased.
In 1969 a local educator, W.A. Chessell acquired the position of Savings Bank Chairman of the Board.
On February 16, 1970, the Fort Bragg Branch of Savings Bank of Mendocino County opened its doors at a temporary location at 205 South Main Street.
In the Fall of 1970, Charles Shimmin was elected Chairman of the Board to replace Mr.
September 1971 Savings Bank purchased the property at the corner of Franklin and Chestnut streets, Fort Bragg.
On December 6, 1972 the Fort Bragg Branch opened its doors at the new property.
In 1972 the Fraga Building property at the corner of Oak and Standley streets in Ukiah was purchased, making the entire square block bordered by Standley, School, Smith and Oak streets Savings Bank property.
October 1974 the North Ukiah Branch opened for business at the corner of State Street and Low Gap Road.
Charles B. Mannon was named Savings Bank President on January 1, 1976 following the retirement of Frank Branson.
April 1976 the Redwood Valley Branch opened its doors with Patricia Simerson as Branch Manager.
The Mendocino Branch opened in October 1977 in the historic Masonic Lodge Building.
December 1978 the Bank celebrated 75 years serving its communities in the best tradition of banking with seven offices and 118 employees.
Later that year the Pear Tree Branch opened on December 21, 1981 in the new Ukiah Pear Tree Shopping Center.
In 1985 Savings Bank installed Automated Teller Machines (ATM'S) at the Pear Tree and Fort Bragg offices.
In 1993 Savings Bank celebrated 90 years of service with assets of $360 million and more than 160 employees.
In July 1994 Savings Bank moved its headquarters back to the familiar location, its historic North School Street site.
Stacy began her career with Savings Bank in 1994.
In 1995 Savings Bank instituted a new computerized telephone access system, TeleBank, enabling customers to access automated deposit account information.
Moving forward with offering the convenience of electronic banking services to customers, Savings Bank introduced the debit card in 2000 and had their sights on launching internet banking in the coming year.
By 2002 banking online began to become a popular and convenient way for Savings Bank customers to conduct banking business with the introduction of Online Banking and BillPay services.
In 2003 Savings Bank celebrated a century of service and relocated the South Ukiah Branch to the newly constructed building at the Redwood Business Park on the corner of Airport Park Boulevard and Talmage Road.
At the end of the year in 2003, after serving more than 34 years as Chairman of the Board, Charles Shimmin resigned his post.
In 2005 Savings Bank expanded beyond the Mendocino County line, into Lake County with an office in Lakeport with Susie Robinson as Branch Manager.
In 2009 Savings Bank expanded its electronic banking services to include Mobile Banking to provide customers with a convenient and secure way to access their accounts from their mobile device to meet their on-the-go lifestyle.
On July 6, 2010 the two branches of the Bank of Willits, one in Laytonville and the other in Willits, opened their doors as Savings Bank of Mendocino County.
Scott Yandell, an experienced banker from Wyoming was hired as President and CEO in June 2011, replacing Charles B. Mannon.
December 5, 2011 the Lakeport Branch moved to its newly constructed office on South Main Street which offers the convenience and extended hours of drive-up banking.
In October 2016 customers began making “Deposits in a Snap” using the new mobile check deposit feature of the SBMC Mobile Banking App.
The machines were dubbed Savings Bank’s new “Instant Teller”. By 2016 even fewer customers were coming into a branch to do their banking due to the advancement of technology.
Savings Bank expanded its electronic banking services in November 2017 with the MobiMoney App.
Stacy Starkey was promoted to President and Chief Executive Officer on July 2, 2021, replacing Scott Yandell at the time of his retirement.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Community Savings Bank | 1910 | $30.1M | 100 | 65 |
| Hancock County Savings Bank | 1899 | $20.0M | 99 | - |
| Fulton Savings Bank | 1871 | $17.9M | 100 | - |
| PILGRIM BANK | - | $10.0M | 10 | - |
| MSB Financial Corp | 1911 | $13.2M | 53 | - |
| County Bancorp | 1994 | - | 170 | 8 |
| City of Yazoo City | - | $5.4M | 75 | - |
| Arizona State Retirement System | 1953 | $31.0M | 222 | - |
| Farm Bureau Financial Services | 1939 | $732.3M | 5,600 | 110 |
| Bridge City, Texas | - | $6.8M | 30 | - |
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