William C. Greenbeck, a resident of La Verne, California, is a Director and served as the Chairman of our Board through 2021. Mr. Greenbeck is the Managing General Partner of Downey Land Limited, a California Limited Partnership, which was established in 1975 and owns real property managed by the general partners. He is also a Managing General Partner of two other partnerships, Stewart & Gray #2 and GLG Investments, which own apartment projects.
Mr. Greenbeck was a director of Bank of Downey in 1976 and continued his directorship with S.C. Bancorp, the bank holding company for Southern California Bank (Bank of Downey’s successor in 1981), and then with Western Bancorp (which acquired S.C. Bancorp in 1997). He was a director of Western Bancorp until that bank’s merger with U.S. Bancorp in 2000. Overall, Mr. Greenbeck has over 35 years of bank directorship experience.
Mr. Greenbeck obtained his Bachelor of Science from California State Polytechnic University, Pomona, California in 1973. Mr. Greenbeck serves on the Compensation/HR, the Loan and the Asset/Liability Committees.