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While many financial institutions are trimming their physical retail presence, Poppy Bank is planning to open about 12 branches in California this year, including locations in Corona del Mar and Brea.

Poppy Bank, which opened its first branch in January 2005, manages $6 billion in assets. Susan Wood covers agriculture, law, cannabis, production, transportation as well as banking and finance.

Poppy Bank has 12 branch locations in Northern California and two in Southern California, with a total of 14 branch locations. We will be opening a new branch in Pleasanton next month.

Poppy Bank opened a Pasadena branch earlier this month, bank officials announced. “As we continue to expand our reach in Southern California, we are thrilled to establish a branch in the city of ...

Poppy Bank operates nine branches in the North Bay. “A lot of banks are closing branches because, frankly, they can’t afford to keep them open. We’re opening 13,” he said.