SOURCE: Plaza Bank

Plaza Bank

September 14, 2011 18:05 ET

Plaza Bank Promotes Todd Massas to SVP/Commercial Lending Sales Manager

IRVINE, CA--(Marketwire - Sep 14, 2011) - Plaza Bank (OTCBB: PLZB), headquartered in Irvine, California, announces that Todd Massas has been promoted to Senior Vice President and Commercial Lending Sales Manager. This will be a co-management role for both Mr. Massas and Adam Seery, who was also just named to the same role.

"This is a new concept in the banking world," stated Gene Galloway, President & CEO of Plaza Bank. "These aren't roles where we divide up territories and manage separate sets of sales people. Plaza Bank provides multiple lending opportunities to help small business owners expand in this economy, which, in turn, helps job growth in Southern California and Southern Nevada."

With 24 years in the industry, Massas has closed over $2 billion in loans and has seen almost everything that can happen in a market. That experience makes him well equipped to help clients directly, as well as guide his sales team to manage a variety of situations and discover innovative ways to provide solutions. Massas was a top loan producer in government lending products every year at Bank of America. He was recruited to CNL in 2000 to produce small balance commercial real-estate loans. Massas remained a top producer with Lehman Brothers, until he left in 2006 to gain experience in the mortgage banking world. He was then recruited to develop commercial lending at Plaza Bank prior to this recent promotion.

"Our focus will be on product development and process enhancement. It's not just about implementing the same thing," explained Massas. "We must come up with new ideas to better serve our clients through more diverse and creative product offerings, by either developing a new solution or enhancing an existing product that fits the needs of the customer."

Plaza Bank is located at 19900 MacArthur Boulevard, Suite 190 in Irvine, CA. To reach Todd Massas directly, email tmassas@plazabank.net or call (760) 452-2214.

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. Member FDIC. Equal Housing Lender.

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 & CEO
    Plaza Bank
    (702) 277-2221 or (949) 502-4309
    Email Contact

    Tyler Massas
    VP - Marketing
    (760) 889-4455
    Email Contact