SOURCE: 1st Enterprise Bank

1st Enterprise Bank

April 05, 2012 17:10 ET

1st Enterprise Bank Adds Veteran Bankers to Growing Inland Empire Region

LOS ANGELES, CA--(Marketwire - Apr 5, 2012) - 1st Enterprise Bank ("the Bank") (OTCBB: FENB), a full-service commercial bank serving the Southern California business community, is pleased to announce the expansion of the Inland Empire Commercial Banking office and the addition of two new senior bankers to the staff.

Joining the Bank is Gerardo Perez, Assistant Vice President/Relationship Manager. Gerardo brings with him 15 years of experience serving a large number of successful business clients throughout the Inland Empire. "The support and encouragement I've received since joining 1st Enterprise Bank has been amazing; I am proud to be a part of this great organization," said Gerardo.

Also joining the team is Michael J. Clayton, Vice President/Senior Relationship Manager. Michael is a career commercial banker specializing in business banking and commercial real estate lending to small and medium size companies. Mike brings 30 years of local banking experience. Additionally, Michael enjoys being part of the local community and serves on several non-profit boards such as the San Gabriel Valley YMCA, Citrus College Foundation, and the EYE DAS Foundation.

The Inland Empire Regional office, located in Ontario, recently completed an expansion to accommodate the new team members and its significant customer growth. "The Inland Empire has finally begun to see some real signs of improvement in the local economy. With affordable real estate, both residential and commercial, an experienced and well trained talent pool of individuals, and local governmental agencies anxious to see the return of prosperity to the region, we are well staffed and fully prepared to do our part to help companies grow once again," said Keith R. Cerwinski, Regional Vice President.

About 1st Enterprise Bank
Founded in 2006, 1st Enterprise Bank is a full service commercial banking institution, whose highly experienced bankers personally serve Southern California entrepreneurial businesses, professional firms and nonprofit organizations, along with their owners and key managers. Headquartered in the Los Angeles financial district, with full service regional banking offices in Irvine and Ontario, 1st Enterprise Bank offers a full range of credit and depository services, with special emphasis on superior customer service, sophisticated cash management services and direct access to bank decision makers. Customers work directly with a dedicated Relationship Manager, a seasoned professional who understands their unique challenges serving as a sounding board and an active participant in their client's success. For more information on 1st Enterprise Bank, please visit www.1stenterprisebank.com.

Forward-Looking Statement:
This news release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about 1st Enterprise Bank's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and the following: 1st Enterprise Bank's timely implementation of new products and services, technological changes, changes in consumer spending and savings habits and other risks discussed from time to time in 1st Enterprise Bank's reports and filings with banking regulatory agencies. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made, and 1st Enterprise Bank does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

Contact Information

  • Contact:
    John C. Black
    CEO
    213-430-7000