SOURCE: Focus Business Bank

August 04, 2008 17:00 ET

Catherine M. Gorbach Joins Focus Business Bank

SAN JOSE, CA--(Marketwire - August 4, 2008) - Focus Business Bank (OTCBB: FCSB) announced that Catherine M. Gorbach has joined the Bank as Senor Vice President Banking Services. Catherine will assist the bank with its development of cash management products for closely held businesses and not-for-profit corporations in Santa Clara County.

Ms. Gorbach is a Bay Area native with a long career in the banking industry. Most recently she was a Senior Vice President with Bridge Bank, N.A. and previously worked for Heritage Bank of Commerce, Burlingame Bank and Trust and the Pacific Bank. Catherine's forte is developing creative solutions to banking issues encountered by high balance and high activity commercial clients.

President and Chief Executive Officer Richard Conniff stated, "We are very pleased that Catherine has joined our team. We recognize that cash management is mission critical for many of our clients. While we have done an excellent job serving the needs of our cash management clients, as our business grows we need to continue adding resources and making investments to assure that our products and services meet and exceed the needs of our business customers. Catherine's technical expertise, commitment to customer service and knowledge of the local market make her an outstanding addition to our organization."

Ms Gorbach stated, "I am very happy to join Focus Business Bank. The Bank's commitment to closely held businesses in Santa Clara County aligns perfectly with my desire to continue serving clients in this market. Focus has an infectious entrepreneurial spirit that aligns with my interest in helping to build a great organization."

Focus Business Bank opened on January 16, 2007 and specializes in meeting the banking needs of closely held businesses and entrepreneurs in Santa Clara County. The Bank provides its customers with a full range of business banking services including deposit accounts, cash management services and loans, including interim construction and SBA loans. The Bank has one office located in downtown San Jose, California.

This release may contain forward-looking statements that are subject to risks and uncertainties. Such risks and uncertainties may include but are not necessarily limited to fluctuations in interest rates, inflation, government regulations and general economic conditions, including the real estate market in California and other factors beyond the Bank's control. Such risks and uncertainties could cause results for subsequent interim periods or for the entire year to differ materially from those indicated. Readers should not place undue reliance on the forward-looking statements, which reflect management's view only as of the date hereof. The Bank undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.

Contact Information

  • Contact:
    Richard L. Conniff
    President and Chief Executive Officer
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