Canyon National Bank Appoints Max Ross to Board of Directors.PALM SPRINGS, Calif. -- Stephen G. Hoffmann, 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. of Canyon National Bank (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CYBA), has announced the appointment of Max Ross as the newest member of the board of directors for the Bank and Canyon Bancorp. Max Ross, presently chief financial officer for the Agua Caliente Band of Cahuilla Indians, brings more than 16 years' experience in all aspects of financial and asset management. Ross has served as CFO See Chief Financial Officer. for ACBCI ACBCI Agua Caliente Band of Cahuilla Indians since 1999. His chief responsibilities include overseeing, directing and managing the financial affairs of the Tribe and the financial performance of its business units, financial holdings and assets. "We are delighted to welcome Max Ross to Canyon National Bank's stellar board of directors," said Hoffmann. "Mr. Ross' depth and breadth of knowledge and unique insight will add an important dimension to our board of directors." Bank Chairman Michael Harris concurred with Hoffmann and further stated, "Ross' addition to the Bank's board of directors will provide the Board with a wealth of experience that will assist Canyon as a community bank serving both the Coachella Valley and the Native American community in the pacific southwest." Founded in 1998, Canyon National Bank, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Canyon Bancorp, is the only locally owned and managed bank headquartered in Palm Springs. Canyon National Bank is a full-service commercial bank and member of the FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). . Palm Springs branch locations are at 1711 East Palm Canyon Drive at the Smoke Tree Village Shopping Center and 901 East Tahquitz Canyon Way; the Palm Desert branches are located at 74-150 Country Club Drive and 77-933 Las Montanas Road Suite 100. Shares of Canyon Bancorp's common stock are traded on the Over the Counter Bulletin Board-stock symbol CYBA. For more information visit: www.CanyonNational.com. |
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