Beach Cities Commercial Bank announced that President Jeffrey Redeker has separated from the Bank as of June 10, 2025. In addition, H. Kent Falk, Chief Executive Officer, resigned effective June 30, 2025.
Bank Board of Directors Chairman Frank Ford and Bank Board of Directors Vice Chair Angela Bienert assumed oversight of the Bank through the Executive Oversight Committee, taking over the daily responsibilities previously held by Mr. Redeker and Mr. Falk. Effective June 18, 2025, the Executive Oversight Committee is composed of Mrs. Bienert and Bank Board Director Jim Riskas. They will continue to oversee the Bank pending hiring of a new President and Chief Executive Officer.
Mrs. Bienert, Vice Chair of the Board of Directors, remarked, “Mr. Redeker and Mr. Falk have been instrumental in the Bank’s vision and journey, having served for nearly two years as its founding members. They played key roles in launching the Bank. We extend our best wishes to both as they embark on their future endeavors.”
Mrs. Bienert further stated that “Our highly skilled workforce and experienced management team are confident that Beach Cities Commercial Bank will continue to deliver on its reputation for meeting and exceeding our customers’ high standards for satisfying their loan, deposit, banking services and other financial needs. This team has delivered growth while continuing to invest in people, product development, and production capabilities, and the Bank is well positioned to further deliver value to its stakeholders. We are committed to providing our team with the resources they need to continue excelling and while we conduct a search for our next President and Chief Executive Officer.”
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