Redwood Capital Bancorp plans loan production office in Redding, California

Reuters2026/09/01 22:12

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Redwood Capital Bancorp plans to open a non-branch loan production office in Redding, California.
The expansion targets commercial lending growth in Redding, extending coverage across Shasta County.
Jamie Robertson joined Redwood Capital Bank as commercial relationship manager to lead business development in the new market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Redwood Capital Bancorp published the original content used to generate this news brief on September 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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As of this Tuesday (September 1), the yield on the 30-year U.S. Treasury reached 5.27%, exactly returning to the level before Besant announced the expansion on August 19. Meanwhile, the yield on the 10-year U.S. Treasury, which serves as a key benchmark for various loan rates, has risen by more than 10 basis points compared to that time, hovering around 4.8%.

智通财经•2026/09/01 23:11