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1st Pacific Bank of California Opens New Branch in El Cajon.


SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay.  -- To expand its reach with small- to medium-sized businesses in San Diego County, 1st Pacific Bank of California The Bank of California was founded in San Francisco, California on July 5, 1864 by William Chapman Ralston. It was the first commercial bank in the Western United States, the second-richest bank in the nation, and considered instrumental in developing the American Old West.  (1st Pacific Bank) (OCTBB:FPBS FPBS Florida Public Broadcasting Service
FPBS Federação Portuguesa de Basebol e Softbol
FPBS Florida Property and Business Solutions, LLC (Cocoa Beach, FL and West Sussex, UK) 
) President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  A. Vincent Siciliano Si`ci`li`a´no

n. 1. A Sicilian dance, resembling the pastorale, set to a rather slow and graceful melody in 12-8 or 6-8 measure; also, the music to the dance.
 is announcing the opening of an East County office, the bank's fifth regional office.

Mikalyn "Micki" Mellby, a veteran banker of 27 years, will head up the new office as senior vice president and regional manager. The East County office is located at 169 East Main St. in El Cajon El Cajon (ĕl kähōn`), city (1990 pop. 88,693), San Diego co., S Calif.; inc. 1912. Electronic equipment, aircraft parts, irrigation equipment, furniture, and men's suits are among its manufactures. .

"I have been working in the East County banking sector for close to 15 years, and this new branch will be a great extension for 1st Pacific Bank," said Mellby. "The site we've chosen for our office will create great visibility for the bank and build the bank's portfolio with East County clients."

Mellby said she prefers working for community banks because clients are actually names and faces, as opposed to bank accounts and numbers.

"1st Pacific Bank is very passionate about being a 'people' bank," said Mellby. "Our bankers invest time to develop lasting banking relationships and this is shown by how they truly know their customers and their banking needs."

Mellby adds she will ensure her new branch continues this 1st Pacific Bank tradition. To assist with the bank's expansion, Mellby has recruited Odie Goward, another well-established East County banker, to her team.

"With their East County banking experience, Micki and her team are a great asset to the bank and will be one for our new customers," said Siciliano. "In addition, the new office is a continuation of the bank's goal to strategically grow to meet the needs of our target customers -- small- to medium-sized businesses."

Mellby previously worked for several East County banks, including Cuyamaca Bank, Valle de Oro Bank and Bank of San Diego. She also spent 12 years at Union Bank of California Union Bank of California is one of the 30 largest commercial banks in the United States. It has 327 branches, the majority of which are in San Diego, Los Angeles and Orange Counties. .

About 1st Pacific Bank of California

1st Pacific Bank is a San Diego-based, locally owned and operated financial institution. The bank offers a full complement of business, personal and online banking products and services. Offices are located on Regents Road in the Golden Triangle Golden Triangle can refer to:
  • Geographical areas:
  • Golden Triangle (Southeast Asia), golden for its opium production
 area of La Jolla, on College Boulevard in the Tri-Cities area of Oceanside, on Rio San Diego Drive in Mission Valley, on Evening Creek Drive North in Inland North County, and its newest office on East Main Street in El Cajon. The bank also operates a loan production office serving the Inland Empire on Jefferson Avenue in Murrieta. The bank opened Nov. 17, 2000, after raising $11.5 million in an initial public offering. 1st Pacific Bank has steadily grown its assets to more than $266 million.

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2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 

Certain statements in this press release, including statements regarding the anticipated development and expansion of the Company's business, and the intent, belief or current expectations of the Company, its directors or its officers, are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  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.

PLEASE NOTE: This press release is distributed via BusinessWire, with direct distribution to local San Diego news media, including newspapers, other local, weekly and monthly publications, and television and radio broadcast news departments. It is concurrently distributed to national investor newswire and financial information reporting services.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 10, 2006
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