California Bank & Trust is opening its first Santa Clarita Valley branch.

The San Diego-based bank has more than 70 branches throughout the state of California and will inaugurate its entry into the local market with a grand opening ceremony June 12 from 5:30-7 p.m.

The SCV Chamber of Commerce is participating in the grand opening’s ribbon cutting ceremony.

California Bank & Trust is located at 25420 The Old Road, Valencia.