Vibra Bank Announces New Staff And Lifting Of Order

CHULA VISTA, Calif., May 13, 2014 /PRNewswire/ -- Vibra Bank ("VBBK"-OTCBB), today announced the hiring of veteran banker, Gail Jensen-Bigknife as Executive Vice President and Chief Credit Officer.  Gail was chief credit officer for San Diego based Security Business Bank from its founding in 2002 until it sold in July 2012.  More recently, she served as chief credit officer for the Bank of Santa Barbara.  Ms. Bigknife replaces Gary Housman who left Vibra Bank to set up a new commercial loan division for another local bank.

President and Chief Executive Officer, Frank Mercardante said, "It is with regret and gratitude that we say goodbye to Gary Housman, who has been instrumental in the Bank's past success.  We wish him the very best in his new assignment.  At the same token, we are very pleased to welcome Gail to the Vibra team.  She is an excellent and well respected local banker who will help us achieve our future goals."

The Bank also reported that the joint State and FDIC regulatory Order has recently been lifted.

Vibra Bank is a full-service community bank offering a wide variety of deposit and loan services to meet their customers' needs.  Deposit offerings include, among others, state-of-the-art online banking and remote deposit capture.  As an SBA Preferred Lender, Vibra's lending is focused on loans to small businesses and professionals, commercial real estate, and high net-worth individuals.  Please visit our website at www.vibrabank.com for more information, or call us at (619) 422-5300.  SE HABLA ESPAÑOL

Certain statements in this press release, including statements regarding the anticipated development and expansion of Vibra Bank's business, and the intent, belief or current expectations of Vibra Bank, its directors or its officers, are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995).  Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.  These risks and uncertainties include, but are not limited to, risks related to the local and national economy, Vibra Bank's performance and implementation of its business plans, loan performance, interest rates, and regulatory matters.

Media Contact:
Frank J. Mercardante
(619) 422-5300
[email protected]

SOURCE Vibra Bank