SOURCE: Commerce National Bank

Commerce National Bank

November 28, 2011 14:24 ET

Commerce National Bank Announces the Promotion of Tracy Wessman to Senior Vice President, Cash Management Department

NEWPORT BEACH, CA--(Marketwire - Nov 28, 2011) - Commerce National Bank (OTCBB: CNBF), a community business bank in its eighth year of operation, is pleased to announce that Tracy Wessman has been promoted to the position of Senior Vice President of the Cash Management Department.

With over thirty years of experience in commercial deposit and cash management sales and service, Internet banking and electronic banking products, with a heavy emphasis on serving business customers, Ms. Wessman continues to provide the bank's business and professional customers with the most up-to-date versions of current bank deposit technology. "Ms. Wessman is a high caliber business banking professional with a proven record of providing our business banking deposit customers consistent access to all of their deposit activity from multiple access points. We are very pleased to have Ms. Wessman as a member of our senior management team," said President and Chief Executive Officer Mark E. Simmons.

For the past six years Ms. Wessman has directed the Cash Management Department at Commerce National Bank. Prior to joining our bank, Ms. Wessman held key positions with Western Financial Bank, California Bank & Trust and City National Bank.

Headquartered in Newport Beach, Commerce National Bank is well positioned to serve businesses, professionals and selected real estate professionals in Orange County. The bank is staffed with 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
    Phone: 949-870-3860
    Fax: 949-870-4499