SOURCE: 1st Enterprise Bank

June 11, 2007 06:00 ET

In a Recent Interview 1st Enterprise Bank Announced Continued Strong Growth and the Planned Opening of an Orange County Office

LOS ANGELES, CA--(Marketwire - June 11, 2007) - 1st Enterprise Bank (the Bank) (OTCBB: FENB) today announced continued growth and the planned opening of its Orange County office.

During a recent interview with the online magazine CEOCFO, John C. Black, the Chief Executive Officer of 1st Enterprise Bank, discussed the continued strong growth of the Bank. He also noted that the Bank was already in the process of opening the Orange County office to better service its Orange County clientele.

The full text of the interview can be seen online at www.ceocfointerviews.com, or, by holding down the Control key while clicking on this link http://ceocfoworldwide.com/ you will connected directly to the article.

About 1st Enterprise Bank: 1st Enterprise Bank is a full service commercial banking institution, whose highly experienced bankers personally serve mid-sized Southern California entrepreneurial businesses. Headquartered in the Los Angeles financial district and founded in 2006, 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 their 1st Enterprise Relationship Banker, who understands the unique challenges of their industry and serves as a sounding board and an active participant in their success. For more information on 1st Enterprise Bank, please visit www.1stenterprisebank.com.

For further information, contact John Black, Chief Executive Officer at (213) 430-7070 or Reginald Prout, Chief Financial Officer at (213) 430-7040.

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

  • For further information, contact:

    John Black
    Chief Executive Officer
    (213) 430-7070

    Reginald Prout
    Chief Financial Officer
    (213) 430-7040