LAS VEGAS, NV--(Marketwire - October 8, 2010) - Plaza Bank (
The position was created in response to significant anticipated increases in business loan volume and activity initiated by the recently signed Small Business Jobs Act (HR 5297). Plaza has announced the goal to fund $100 million in new commercial loans during the next 12 months, and this position is allocated to meet those needs.
"This is the right time to help our community from a lending standpoint," states Ali Rizvi, Chief Banking Officer at Plaza Bank, Las Vegas. "The SBA estimates that a new job is created with every $35,000 loan, hence we are in a position to substantially impact the regional job market."
Schumacher will be responsible for originating lending opportunities for the Bank's small to medium-size traditional businesses and professional firms. With over 17 years of experience in business lending within the Las Vegas valley, Schumacher has served as Vice President for Business Development at Nevada Commerce Bank, Silver State Bank and Bank of the West. His efforts have consistently led to institutions being named among the leading SBA producers in the state. Schumacher received his bachelor's degree in economics from CSU Long Beach and the University of Southern California.
The Las Vegas branch of Plaza Bank is located at 4043 South Eastern Avenue, and can be reached at (702) 853-4700. To contact Brian Schumacher, email bschumacher@swusabank.com or call (702) 853-4736.
About Plaza Bank
Plaza Bank is a full-service business bank headquartered in Irvine, California with an additional full service branch location in Las Vegas, Nevada.
The Bank is dedicated to meeting the financial needs of the small business customer with innovative diverse products and personalized service. For additional information, visit the Plaza Bank website at www.plazabank.net.
Forward-Looking Statements
Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are subject to the safe harbors created by that Act. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements describe future plans, strategies and expectations. Forward-looking statements are based on currently available information, expectations, assumptions, projections, and management's judgment about the Bank, the banking industry and general economic conditions. These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Future events are difficult to predict, and the expectations described above are necessarily subject to risk and uncertainty that may cause actual results to differ materially and adversely.
Contact Information:
Media Contacts:
Gene Galloway
President
Plaza Bank
702-277-2221 or 949-502-4309