Beautifully engraved certificate from the Bay Area Bancshares issued in 1990. This historic document was printed by Security Columbian Banknote Company and has an ornate border around it with a vignette of the company's logo. This item is has the printed signatures of the company's Chairman and Secretary and is over 15 years old.
On January 27, 1999, Palo Alto-based Greater Bay Bancorp, the holding company for Cupertino National Bank, Mid Peninsula Bank and Peninsula Bank of Commerce, has agreed to acquire Redwood City-based Bay Area Bancshares for about $40 million in stock. The combined company had total assets of about $1.8 billion and equity of about $107 million.
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