Baranowski Joins Southwest Community Bank.CARLSBAD, Calif. -- Southwest Community Bancorp (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :SWCB SWCB Southwestern Corn Borer SWCB Software Control Board SWCB Shanghai Water Conservation Bureau SWCB Second Winds Community Band (McMinville, OR) SWCB Sequoia Winds Community Band (Visalia, CA) ), parent company of Southwest Community Bank, today announced that banking veteran and community leader Fred Baranowski has joined the Bank as Executive Vice President and 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. Regional Manager. Frank J. Mercardante, Chief Executive Officer, said, "Fred brings 26 years of local banking experience, and five years of executive leadership in the non-profit sector The nonprofit sector, also called the third sector, civic sector or voluntary sector, is a third area of an economy, distinct from the public sector and the private sector. It is made up of all of the non-profit organizations in the economy. , to the Southwest Community Bank team. His wide reach in the San Diego County area will help us expand our market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" in the region." Prior to joining SWCB, Baranowski served for three years as the President/CEO of United Way of San Diego County, helping raise nearly $75 million in that period for local health and human service needs. He also served as President of the Downtown San Diego Partnership from 2000-2002, helping promote the downtown region during a period of unprecedented growth. His banking career includes 23 years with Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. and three years with City National Bank. Baranowski's many and varied community activities include Mayor Susan Golding's Ballpark Task Forces, and board positions on the San Diego Symphony The San Diego Symphony is an American symphony orchestra, based in San Diego, California. On 6 December 1910, it gave its first concert as the San Diego Civic Orchestra. Currently, the Symphony performs over 100 concerts each season. , San Diego Rotary Club, San Diego Convention and Visitors' Bureau, San Diego Regional Economic Development Corporation, and Non-Profit Management Solutions, among others. Shares of Southwest Community Bancorp's common stock are traded on NASDAQ under the symbol SWCB. The Company operates Southwest Community Bank, a San Diego County headquartered community bank with eight full-service offices in Carlsbad, Encinitas, San Diego, Escondido, 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. , Murrieta, Anaheim and San Bernardino, all in California and loan production offices in Glendale and Fullerton, California, Lincolnshire, Illinois and Ashburn, Virginia. For more information, visit our web site at www.swcbank.com. Forward-Looking Comments: Statements concerning future performance, developments or events, expectations for growth and income forecasts, and any other guidance on future periods, constitute forward-looking statements that are subject to a number of risks and uncertainties. Actual results may differ materially from stated expectations. Specific factors include, but are not limited to, loan production, balance sheet management, expanded net interest margin, the ability to control costs and expenses, interest rate changes and financial policies of the United States government, and general economic conditions. The Company disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any forward-looking statements contained in this release to reflect future events or developments. |
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