Folsom Lake Bank


Folsom Lake Bank opened its doors for the first time on April 3, 2007. The Bank was founded and capitalized with the enthusiastic financial support of hundreds of investors… local residents who wanted true independent banking for business and consumers… people who recognized that widespread, local ownership meant the creation of a bank truly committed to the communities surrounding Folsom Lake.

The bank is led by Robert Flautt, President  & CEO. Mr. Flautt has over a 40 year career in banking, including senior management positions and senior credit positions with commercial banks located in the Sacramento area. David J. West is Chairman of the Board and has over 40 years as a banking veteran. West was the founding Chair of the Folsom Economic Development Corporation as well as a former president of the Folsom Chamber of Commerce.

The organizing group for the bank was formed in May of 2006. An application for a state banking charter and FDIC insurance was submitted on August 31, 2006 and the bank received conditional approval to organize on November 2, 2006. The bank raised $15.9 million in capital, spread across 406 shareholders primarily from the Folsom, El Dorado Hills, Granite Bay and the surrounding communities.

Folsom Lake Bank is a full service commercial bank offering a complete range of services to consumers and businesses. The bank focuses on small business clients, professionals and individuals in the communities surrounding Folsom Lake. The bank occupies 5,376 square feet of new ground floor space at the corner of Sutter and Decatur Streets in historic downtown Folsom. The Sutter Court building is the first of several new buildings planned for Folsom’s railroad block, and is the first mixed use building in Folsom. The building has first floor retail, including the Bank, and on the second floor commercial office space and residential lofts. The building has a historic Folsom motif in brick, granite and iron.

The bank has a full service ATM located in the courtyard along with a merchant depository for after hours deposits. Folsom Lake Bank also offers online banking and bill pay completely free of charge. Because the bank is new, it utilizes the most current products and the latest technology.

Banks do differ. Experience it at Folsom Lake Bank where we started unique!