The Board of Directors of American Riviera Bank (OTCBB:ARBV) is pleased to announce today the appointment of Jeff DeVine as President and Chief Executive Officer. Jeff DeVine joins American Riviera Bank with over 20 years of banking experience, having spent the last 14 years in the Santa Barbara banking community. DeVine has held senior management positions at Rabobank, N.A. and Mid-State Bank & Trust. Most recently, DeVine was Statewide Division Manager of commercial real estate and was previously Regional President for the Greater Santa Barbara and Santa Ynez Valley Region. He has held senior officer positions in a range of banking firms, serving roles in commercial, real estate, private and investment banking during his 20 year career. �Jeff brings a wealth of knowledge and his broad, in depth experience in virtually all facets of banking will be a huge asset to our clients and shareholders,� said American Riviera Bank�s Chairman of the Board, Lawrence Koppelman. �With demonstrated success in business leadership, community outreach, revenue growth and client satisfaction, Jeff adds to the talent already on the American Riviera Bank employee team. Jeff is well known and respected in the Santa Barbara community and we welcome him as the bank continues to grow and deliver exceptional banking service.� �I am excited to join a true community bank, locally owned and managed, where quick and thoughtful decisions and highly personalized and responsive client service is the consistent focus,� said DeVine. �American Riviera Bank offers a competitively priced, comprehensive range of deposit accounts, loan products, and financial services matched with best in class technology. Banking is a relationship business and I look forward to leading this team of experienced and empowered bankers who know the local market and community well.� �David Duarte has done an outstanding job serving as our Acting President and CEO since January 2008 and we are grateful for his leadership,� said Chairman Koppelman. �Our Executive team of David Duarte, Laurie Leighty, SVP Operations, and Michelle Martinich, SVP Chief Financial Officer, has done a great job and we are excited to have DeVine join this team.� Visit our website at www.americanrivierabank.com for the full Press Release. Statements concerning future performance, developments or events concerning expectations for growth and market forecasts, and any other guidance on future periods, constitute forward-looking statements that are subject to a number of risks and uncertainties. Actual results may differ materially from stated expectations. Specific factors include, but are not limited to, the effect of interest rate changes, the ability to control costs and expenses, the impact of consolidation in the banking industry, financial policies of the United States government, and general economic conditions.
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