CST: 27/09/2016 03:38:04   

Plaza Bank Investing in the Montebello Community

222 Days ago

IRVINE, CA--(Marketwired - Feb 17, 2016) - Demonstrating ongoing commitment and investment in the communities where it operates and serves, Plaza Bank has embarked on a $750,000 remodel of the historical building in Montebello that it currently occupies. Built in 1955 and located at 2417 W. Whittier Boulevard along one of Montebello's busiest streets, the building has been home to several prominent businesses over the past half-century, most notably the former Garfield Bank. In conjunction with the remodel, Plaza Bank is further reinvesting in the Montebello community by creating a significant number of new jobs at the branch, which now also houses the bank's state-of-the-art Client Services Center (relocated from Irvine). Plaza Bank, which moved into the building in 2015 as part of its merger with Bank of Manhattan, anticipates the remodel will be complete in early May of 2016 and will remain open to clients throughout the renovation.

Plaza Bank Client Services Center
In 2016, Plaza Bank moved its state-of-the-art Client Services Center (CSC) from Irvine to Montebello, remaining one of the few community banks in the U.S. to offer this exceptional level of dedicated service. With the move, Plaza Bank has established an experienced team of professionals in Montebello to assist clients with their banking needs, from treasury and deposit support to product and service inquiries. The CSC team is well-versed in the nuances of every day banking with Plaza Bank, providing clients with responsiveness, expertise, and resolution for their specific needs -- with a focus on personal relationships that defines Plaza Bank. As Plaza continues to expand its business throughout Southern California and Southern Nevada, the CSC team remains instrumental in providing clients a superior, positive banking experience.

About Plaza Bancorp
Plaza Bancorp is the holding company of Plaza Bank. Plaza Bank is a full service community bank serving the business and professional communities in Southern California and Southern Nevada. The Bank is committed to meeting the financial needs of small to middle market businesses and professional firms with loans for working capital, equipment and owner-occupied commercial real estate financing and a full array of cash management services. Plaza Bank meets its customers' needs through its eight regional offices located in the cities of El Segundo, Glendale, Irvine, Las Vegas, Manhattan Beach, Montebello, Pasadena and San Diego. For more information, visit www.plazabank.com or call President and CEO Gene Galloway at (949) 502-4309 or (702) 277-2221.

Forward-Looking Statements
Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are subject to the safe harbors created by that Act. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements are based on currently available information, expectations, assumptions, projections, and management's judgment about the Company, the Bank, the banking industry and general economic conditions. These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Future events are difficult to predict, and the expectations described above are necessarily subject to risk and uncertainty that may cause actual results to differ materially and adversely.

Forward-looking statements involve significant risks and uncertainties and actual results may differ materially from those presented, either expressed or implied, in this press release. Factors that might cause such differences include, but are not limited to: the Bank's ability to successfully execute its business plans and achieve its objectives; changes in general economic, real estate and financial market conditions, either nationally or locally in areas in which the Bank conducts its operations; changes in interest rates; new litigation or claims or changes in existing litigation or claims; future credit loss experience; increased competitive challenges and expanding product and pricing pressures among financial institutions; legislation or regulatory changes which adversely affect the Bank's operations or business; loss of key personnel; changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies; and the ability to satisfy requirements related to the Sarbanes-Oxley Act and other regulation on internal control.

Media Contacts:
Gene Galloway
President and Chief Executive Officer
(702) 277-2221 or (949) 502-4309
Email Contact

Erich Bollinger
Executive Vice President and Chief Banking Officer
(949) 225-3704
Email Contact