SOURCE: BofI Federal Bank

BofI Federal Bank

October 02, 2013 09:00 ET

BofI Federal Bank Strengthens Its Business Banking Leadership

SAN DIEGO, CA--(Marketwired - Oct 2, 2013) - BofI Federal Bank, a subsidiary of BofI Holding, Inc. (NASDAQ: BOFI), announced today that Robert Armstrong joins the Bank's leadership as Senior Vice President of its Business Banking division. Mr. Armstrong's role is to expand the Bank's small-to-medium business offerings nationwide. 

"BofI is an innovative bank with a unique value proposition. It took something special to bring me back to the industry," stated Robert Armstrong. Mr. Armstrong brings over two decades of experience leading profitable growth in new markets. His background includes senior positions with Bank of America, Market President of U.S. Bank and CEO of San Diego Private Bank. "Mr. Armstrong brings a depth of banking and general business leadership. We look forward to his impact on profitable growth in this segment," commented Greg Garrabrants, President and Chief Executive Officer of BofI Federal Bank and BofI Holding, Inc.

About BofI Holding
BofI Holding, Inc. (NASDAQ: BOFI) is the holding company for BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables. With over $3.1 billion in assets, BofI Federal Bank provides consumer and business banking products through its low-cost distribution channels and affinity partners. BofI Holding, Inc.'s common stock is listed on the NASDAQ Global Select Market under the symbol "BOFI" and is a component of the Russell 3000 Index and the S&P SmallCap 600® Index. For more information on BofI Federal Bank, please visit

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