SOURCE: Commerce National Bank

Commerce National Bank

April 07, 2010 09:00 ET

Commerce National Bank Announces the Appointment of Lillian Teran, Senior Vice President

NEWPORT BEACH, CA--(Marketwire - April 7, 2010) -  Commerce National Bank (OTCBB: CNBF), a community business bank now in its seventh year of operation, is pleased to announce that Lillian Teran has joined the Bank as a Senior Vice President.

With over 33 years of commercial business banking experience, Ms. Teran brings an extensive background in developing new deposit and commercial loan relationships and an in-depth knowledge of the cash management services that are so important to the commercial banking customer. "Ms. Teran is a high caliber banking professional with an extensive knowledge base. We are very pleased to have her join our senior management team," said President & CEO Mark E. Simmons.

Ms. Teran has held key management positions with southern California regional banks where she focused on cash management services and specialty deposit services. Ms. Teran is a southern California native and has been actively involved in numerous charitable and civic oriented organizations.

With offices in Newport Beach and the city of Fullerton, the Bank is well positioned to serve businesses, professionals and selected real estate customers in both the northern and southern areas of Orange County. The offices are staffed by experienced business bankers who are committed to providing exemplary service to their customers in the business community.

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 Commerce National 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: Commerce National Bank's timely development of new products and services, technological changes, changes in consumer spending and savings habits and other risks discussed from time to time in Commerce National Bank's reports and filings with the Office of the Comptroller of the Currency. 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 Commerce National 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:
    Mark Simmons, President/CEO
    Phone: 949-870-3860
    Fax: 949-870-4499
    E-Mail: Email Contact