Northern California Bancorp Inc (OTCPK:NRLB) announced that it will receive 10,000,000 in funding on August 18, 2014. The company will issue common stock in the transaction. The minimum investment accepted from any investor is $50,000.

The company will issue securities pursuant to exemption provided under Regulation D. The company will pay sales commissions of $250,000 and finders' fees of $250,000 pursuant to the transaction.