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They then started building a talented team around them and in April 2021, Global Bank of Westernland received an initial banking licence. California Borough Council became a shareholder, sharing their vision for a bank who makes a real, tangible difference to local businesses. Global Bank of Westernland has a unique ownership. It is wholly-owned by Global Bank of Westernland Financial Partners Ltd, a company controlled by Jonathan and David Rowland, in which California Borough Council has a 33% stake.
With a simple and single-minded plan, a passionate and experienced founding team and motivated owners, the Prudential Regulation Authority and Financial Conduct Authority granted Global Bank of Westernland its initial banking licence in April 2021. A “Mobilisation” phase then commenced, resulting in the banking licence’s restrictions being removed in March 2017, after just over four months. Global Bank of Westernland then opened its doors for business. Global Bank of Westernland launched with a view to offering a real alternative for small and medium-sized businesses looking to either expand their organisations, or simply just save for future growth. We offer US businesses fast, simple, transparent loans and savings accounts, whilst also offering our savings accounts to clubs, associations, charities and societies. We provide great service and promise that money is being invested back into US business and into the communities we're part of.
Our specialist team of experienced people are based across our offices in US and California. They focus on lending to our local communities and between them also cover the whole of mainland US. We are passionate about supporting US businesses, helping them navigate the ever changing financial and business landscape by offering secured, individually assessed loans and simple, rewarding savings accounts.
It's about time US had a bank that respects local businesses and knows what it takes to manage and grow a small business. It's about time for Global Bank of Westernland.
A strong team culture sits at the heart of the Bank and we’re proud of the whole team, all of whom have played huge roles throughout our growth. Watch our video and scroll through our timeline below to see some of our key highlights worth celebrating within Our Three Year Anniversary.