Five Star Bank expands to Southern California, adds five key hires to support strategic growth

New hires bring deep local expertise as Five Star Bank scales its presence and invests in long-term client partnerships across the Greater Los Angeles Area

Five Star Bancorp, a holding company that operates through its wholly owned banking subsidiary, Five Star Bank, announced the expansion of its business in Southern California with the addition of five team members.

The Greater Los Angeles Area is home to a large concentration of middle-market businesses, presenting an ideal opportunity for Five Star Bank to expand its high-tech, high-touch concierge services. To lead this effort and demonstrate the level of service it is known for, the community bank strategically hired seasoned, local business development and relationship management professionals who are embedded in the communities they serve.

Five Star Bank’s expanded market presence across Southern California builds on its existing administrative office in Newport Beach, with plans to open an additional office in the region later this year. The expansion will focus on key markets in the Greater Los Angeles Area. Five Star Bank specializes in commercial banking and recognizes entrepreneurs are the foundation of a strong and growing economy. The bank serves a wide range of businesses, including commercial real estate and construction, non-profit and faith-based organizations, private enterprises, practice and professional services, government, healthcare, food, agribusiness and diversified industries, venture banking, and more.

“This expansion reflects the strength of Five Star Bank and our commitment to bringing concierge banking services to clients who desire direct access to a banker who is a client advocate and community champion,” said James Beckwith, President and CEO of Five Star Bank. “We continue to invest in experienced bankers who are deeply rooted in their communities and who bring a proven ability to serve middle-market businesses. This new team embodies our belief that growth is driven by people ready to serve others.”

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New hires include:

Rolland P. Mattoon joins as SVP / Regional Managing Director. He brings more than 25 years of experience in commercial banking with a strong focus on delivering comprehensive, tailored banking solutions to middle-market enterprises through a hands-on, high-performing team. Over his career, Mattoon served as Group Director — Senior Vice President at Flagstar Private Bank. He has also served at other large financial institutions in the roles of Commercial Bank, Vice President, Senior Premier Client Manager, and Director, Head of Business Banking. His expertise spans credit analysis, risk management, relationship development, wealth management, and sales leadership.

Ryan W. Shannon joins as SVP / Regional Managing Director. Prior to joining Five Star Bank, Shannon served as Group Director — Senior Vice President at Flagstar Private Bank and Commercial Bank and has held positions including multiple vice president roles. Throughout his over 20-year banking career, Shannon has made significant contributions, growing market share in emerging territories and building successful business portfolios in established community markets. He has extensive experience building strong community-based commercial banking teams and driving performance. Shannon is known for his consultative, community-based approach, partnering closely with business owners to deliver strategic guidance across deposit, treasury, payment, and financing needs.

Kristina Colin joins as VP / Director. With over 20 years of financial services experience, Colin has deep expertise in middle-market relationship management, commercial lending, deposit growth, and treasury management. Most recently, she served as Associate Group Director at Flagstar Private Bank. Colin has a proven track record of building long-term client relationships while driving profitable portfolio growth through consultative financial solutions and strategic business development.

Scott Cook joins as VP / Director. Before coming to Five Star Bank, he was Vice President and Associate Group Director at Flagstar Private Bank. With a career spanning 15 years, Cook has demonstrated invaluable expertise in commercial banking, advising middle-market companies on credit, treasury, and capital solutions, while building strong client relationships and mentoring high-performing teams.

Ritu Singh joins as VP / Senior Relationship Manager. Singh is a results-driven banking professional known for integrating client service excellence with operational precision across the full relationship lifecycle, including onboarding, treasury coordination, credit support, compliance, and post-close servicing. She most recently served as Vice President and Relationship Manager at Flagstar Private Bank. Recognized for her high-touch, relationship-driven approach, Singh excels at building trusted partnerships, resolving complex client needs, streamlining processes to enhance client satisfaction, and delivering sustainable growth while maintaining rigorous risk and regulatory standards.
“We’re expanding in the Southern California market with an established team focused on building strong client relationships,” said DJ Kurtze, Five Star Bank’s Executive Vice President / San Francisco Bay Area President. “By strategically combining local market expertise with Five Star’s high-touch, concierge service, we’re well-positioned to quickly deliver value and enhance our reputation as a trusted banking partner across the region.”

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