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Commerce National Bank Names Dan Palmquist Senior VP, Business Development.


FULLERTON, Calif. -- Commerce National Bank (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CNBF), a community business bank, announced the appointment of Dan Palmquist as senior vice president, business development. Palmquist has been involved with developing new relationships with Orange County businesses, technology firms and real estate professionals for the past 15 years. Having worked with the Orange County offices of U.S. Bank and Wells Fargo Wells Fargo

armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147]

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Wells Fargo

company that handled express service to western states; often robbed. [Am. Hist.
 Bank, Palmquist knows the local business community well and understands the financial needs of the corporate depositor and borrower.

"Commerce National Bank is pleased to have Dan join our rapidly growing staff of experienced commercial bankers," stated Mark E. Simmons, president & 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. . "Dan is extremely qualified for the new position where he will be organizing the new Business Development Department, building new relationships, maintaining existing relationships and assisting the bank in developing new products and services."

Commerce National Bank is a full-service community business bank dedicated to providing personalized financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 to businesses and business professionals in Orange County. Commerce National Bank was founded in December 2003, with offices in Fullerton and in Irvine near the John Wayne Airport John Wayne Airport (IATA: SNA, ICAO: KSNA, FAA LID: SNA) is located at 18601 Airport Way, Santa Ana, CA 92707. Other nearby cities include Newport Beach, Costa Mesa, and Irvine. .

Forward-Looking Statement forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
:

This news release contains statements that are forward-looking statements within the meaning of 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. These statements are based on current expectations, estimates and projections about Commerce National Bank's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and the following: Commerce National Bank's ability to successfully integrate acquired businesses, Commerce National Bank's timely development of new products and services, technological changes, changes in consumer spending and savings habits and other risks discussed from time to time in Commerce National Bank's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry and market conditions and growth rates Growth Rates

The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures.

Notes:
Remember, historically high growth rates don't always mean a high rate of growth looking into the future.
, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made, and Commerce National Bank does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Aug 15, 2005
Words:382
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