After 37 years of service, Peter Jordano has retired from the Montecito Bank & Trust Board of Directors.

Jordano joined the board in December 1982 after an invitation from Montecito Bank & Trust’s late founder and owner Michael Towbes.

A life-long Santa Barbara resident, Jordano’s local knowledge and business sense contributed greatly to the bank’s long term success during his tenure on the board.

“Pete has been a champion of Montecito Bank & Trust as well as an integral part our growth to today’s nearly $1.8 billion in assets,” said Janet Garufis, chairman/CEO. “We are so grateful for his dedication to the bank’s success all these years. Mike and Pete built a lasting relationship over the years, and I know that Mike appreciated Pete’s many years of service and contributions to the bank’s success.

“The Board of Directors and our management team will miss Pete’s guidance and counsel and, perhaps most importantly, Pete’s unique sense of humor. We extend our thanks and best wishes to him for all his years of loyal service.”

Jordano is the chairman and CEO of Jordano’s Inc., the tri-counties largest supplier of food, beverages and restaurant equipment. He and his wife Gerd are involved in a number of local nonprofits and are known for their contributions of time, treasure and talent to a number of local organizations.

Montecito Bank & Trust is the oldest and largest locally owned community bank in Santa Barbara and Ventura counties. Founded in 1975, the bank celebrated its 45th anniversary this year and operates 11 branch offices in Santa Barbara, Goleta, Solvang, Montecito, Carpinteria, Ventura, Camarillo, and Westlake Village.