Banner Central Finance Co. Adjourns Its 2001 Annual Meeting.

Business Editors

COMMERCE, Calif.--(BUSINESS WIRE)--July 16, 2001

Banner Central Finance Co. (OTCBB:BCFC) today announced that its Annual Shareholders Meeting had to be adjourned again due to its inability to obtain a quorum of voters present.

BCFN's Annual Meeting had originally been held on June 25, 2001, but was adjourned to July 16, 2001, to give the company an opportunity to obtain additional votes on its proposals. Gary Cypres, chairman of the board of BCFN, stated, "In view of the lack of interest by the company's stockholders, the company had made the decision to not reschedule the 2001 Annual Shareholders Meeting again."

Banner Central Finance Co. is a specialized consumer finance and service company that primarily serves the needs of the growing low-income Hispanic population in California.

Certain statements in this news release constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995 which involve risks and uncertainties. The company's actual results may differ significantly from the results discussed in such forward-looking statements. Factors that might cause such a difference include but are not limited to economic conditions, credit quality, fluctuations in interest rates, the company's relationship with its airlines, capital availability, technology, competition in the geographic and business areas in which the company conducts its operations and other factors discussed in the company's Annual Report on Form 10-KSB for the year ended Dec. 31, 2000.