Beacon Business Bank, privately owned and founded in 1984, officially opened its new branch in the Borel Office Building, 1700 S. El Camino Real, Suite 108, in San Mateo, just off State Route 92.

Beacon Bank president Bob Lussier had recently announced a name change for the bank, which was formerly known as Trans Pacific National Bank.  The San Mateo branch is in the former location of the San Mateo Chamber of Commerce, which has moved to a new location in the building, and replaces a location in Millbrae.

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