Plaza Bank Hires Phil Mulder as Vice President and Business Development Officer, SBA and Commercial Lending

IRVINE, CA--(Marketwired - Aug 16, 2016) - Plaza Bank (OTCBB: PLZZ) (the "Bank") is pleased to announce it has hired Phil Mulder as Vice President and Business Development Officer, SBA and Commercial Lending. In this new role, Mr. Mulder will focus on growing Plaza Bank's portfolio by developing its new commercial loan business.

Mr. Mulder joined Plaza Bank on July 18, 2016, and is based in the Inland Empire. He brings a wealth of SBA lending expertise to the Bank, with more than 20 years of experience specifically in SBA Certified Development Company (CDC)/504 lending.

Prior to joining Plaza Bank, Mr. Mulder was Senior Commercial Loan Officer for CDC Small Business Finance, the number one SBA CDC/504 lender in the U.S. While there, Mr. Mulder served the financing needs of small business primarily throughout Southern California with fixed-rate, low down payment, commercial real estate loans for the purchase of office and industrial buildings. Before that, he spent three years as Business Banking Officer at Wells Fargo Bank.

"We are thrilled to have Phil join the Plaza Bank family," said Gene Galloway, President and CEO of Plaza Bank. "His hiring further underscores our focus on adding specific talent and expertise to serve the needs of our clients. We see significant growth potential with SBA CDC/504 lending, and we look forward to Phil's leadership and execution in helping to grow this business at Plaza Bank."

"Plaza Bank has a strong foundation in SBA and commercial lending, with competitive rates and the ability to structure deals for clients' unique requirements," Mr. Mulder said. "I'm excited to work with Plaza Bank's talented team in providing financing that helps clients grow their companies, particularly the many small businesses who can benefit from SBA CDC/504 lending."

Mr. Mulder earned his B.A. degree in Business Administration from Dordt College in Iowa, and currently serves on the Endowment Committee of Redlands Christian School.

About Plaza Bank
Plaza Bank is full service community bank serving the business and professional communities in Southern California and Las Vegas, Nevada. The Bank is committed to meeting the financial needs of small to middle market businesses and professional firms with loans for working capital, equipment and owner-occupied commercial real estate financing and a full array of cash management services. Our bankers are experienced, professional and knowledgeable. For more information, visit www.plazabank.com.

Forward-Looking Statements
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