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Angela L. Rivers Returns to Premier Service Bank as Executive Vice President and Chief Credit Officer


Press Release

Source: Premier Service Bank On Thursday June 3, 2010, 6:50 pm



RIVERSIDE, Calif.--(BUSINESS WIRE)--Kerry L. Pendergast, President and CEO of Premier Service Bank (OTCBB:PSBK - News), a California state-chartered bank headquartered in Riverside, California, announced today that Angela L. Rivers had returned to the Bank as Executive Vice President and Chief Credit Officer. Ms. Rivers left the Bank on October 9, 2009 to accept the same position at a larger bank in Orange County, California. She returned to the Bank on June 1, 2010 and will again supervise all aspects of the bank’s lending function.


“We are very pleased to have Ms. Rivers return to her position at Premier Service Bank,” said President and CEO Kerry L. Pendergast. “She is familiar with our loan portfolio and our loan officers, and understands our lending practices and procedures, many of which she established during her prior tenure with the Bank. We are pleased that she has returned to our executive management team and look forward to her participation in the long-term success of the bank.”


Premier Service Bank is a full service bank with offices in Riverside and Corona and is well positioned to meet the varying needs of today’s business clients; in an environment where service and a focus on the client always come first!


Forward-looking Statements

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 Premier Service 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 in the following: Premier Service Bank’s ability to continue to increase its assets, deposits and total loans, control expenses, retain critical personnel, manage interest rate risk, manage technological changes, address regulatory requirements, and other risks discussed from time to time in Premier Service Bank’s filings and reports with the Federal Deposit Insurance Corporation. 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 Premier Service Bank does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.




Premier Service Bank
Kerry L. Pendergast, President and CEO



















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