Americas United Bank Reports Strong 1st Quarter Results.

Bank Continues to Build Momentum with Staffing and Product Roll Out Almost Complete

GLENDALE, Calif. -- Americas United Bank (OTCBB:AUNB) today announced its unaudited 2007 first quarter results. Bolstered by increased loans and deposits, the bank's assets grew to over $45.6 million, up from $34.4 million at year end, an increase of 32.6%. The bank reported more than $18.7 million in deposits, up from $6.9 million or a 171.0% increase from year-end. Quarterly revenue was approximately $507,000 in the quarter compared to $372,000 reported for the prior quarter or a 36.3% increase.

Having commenced operations on November 6, 2006, as California's first primarily Hispanic-owned bank to open in over thirty years, the bank continues its trend towards profitability. The bank's net loss for the 1st quarter of 2007 was $857,000, which included $201,000 of stock compensation expense. The bank's losses are reflective of its start-up status and consistent with other de novo banks.

"The bank has undergone a tremendous effort in building the infrastructure of the organization. This involved setting up all the technology for the bank, hiring a high quality staff, and developing an extensive suite of products and services," said Americas United Bank President and CEO Gilbert J. Dalmau.

"We continue to develop high-quality customer relationships mostly from within the greater Los Angeles area. Of importance to note, the growth has come primarily from the Hispanic business and professional communities, a primary target market for the bank. With staffing and full product roll-out almost complete, we expect our growth to continue as we execute our business plan," continued Dalmau.

"Lastly, the hiring of one of the top SBA loan producers in the country to head-up our SBA/Commercial Capital Division will not only provide a solid earnings stream, but will also greatly support the bank's efforts in providing capital to the small and mid sized business community, thus helping fulfill entrepreneurial dreams and supporting economic growth in the markets we serve," concluded Dalmau.

About Americas United Bank:

Americas United Bank (AUB) is the first primarily Hispanic-owned bank to open its doors in California in over thirty years. Founded by a group of respected and successful business leaders (primarily from the Hispanic community), AUB is a full service commercial bank that provides business and personal banking products and services, including business and commercial real estate loans, SBA loans, lines of credit, corporate debit and credit cards, merchant card processing, international trade solutions, and more. For more information on the Bank, please visit our website at www.aubank.com.

Certain statements in this press release, including statements regarding the anticipated development and expansion of the Bank's business, and the intent, belief or current expectations of the 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, the Bank's performance and implementation of its business plans, loan performance, interest rates, and regulatory matters.