Murphy Bank - Banks

About Murphy Bank

Murphy Bank is a bank headquartered in Fresno, California, established in 1984. It was founded as Sierra Thrift by Charles "Mike" Murphy, with the aim of providing honest banking services to customers in the Fresno area. Its primary regulator is the FDIC. The registry lists total assets of $357.18 million and total deposits of $296.93 million. The bank operates two branch offices, one at Fig Garden Village in Fresno and one in San Luis Obispo, which opened in October 2018. It is listed in the Directory of US Banks. The bank concentrates on specialty lending. Its published loan categories include mobile home loans for purchases, refinancing and improvements, farm equipment and machinery loans and leases, and financing for semi-trucks and commercial vehicles. Steve Jones has served as President and Chief Executive Officer since 2021. The bank also reports community involvement, including sponsorship of the Fresno Community Concert Band since 1993. Among banks in California, it is one of the institutions that serve the Central Valley and Central Coast.

Key Facts

Total Assets

$357.18M

Total Deposits

$296.93M

Branch Offices

2

Established

1984

Primary Regulator

FDIC