Community Bancorp Appoints New Chief Credit Officer.LAS VEGAS -- 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 : CBON) Chairman, President, and Chief Executive Officer, Edward Jamison is pleased to announce that Robert McAuslan has been appointed Executive Vice President and Chief Credit Officer of Community Bancorp. "Robert brings tremendous knowledge and experience to Community Bancorp and we look forward to the new perspectives that he will bring to the table. His great understanding of credit administration and the risk management process will prove to be an essential part of the continued strength and sustainability of the company," said Mr. Jamison. Mr. McAuslan brings more than 35 years of financial industry experience, primarily in credit policy, risk management, and lending to middle market real estate and commercial and industrial borrowers. Most recently, Mr. McAuslan served as Executive Vice President and Senior Credit Officer at Compass Bank in Phoenix, Arizona. While at Compass Bank, he was responsible for directing the underwriting and loan approval processes for new credit originations, managing the risk of a diversified $3 billion portfolio in three states, and overseeing the special assets/REO functions for the Western region. Prior to that, Mr. McAuslan was Executive Vice President and Chief Credit Officer for Home Savings of America, a $50 billion California based thrift. Mr. McAuslan also spent 16 years in a variety of lending and risk management functions for Citibank/Citicorp in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Phoenix. Mr. McAuslan earned his Master of Business Administration from the Wharton Graduate Division of the University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli. http://upenn.edu/. Address: Philadelphia, PA, USA. and his Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies from Northeastern University's College of Business Administration. About Community Bancorp Community Bancorp is a bank holding company headquartered in Las Vegas, Nevada, with two operating bank subsidiaries: 1) Community Bank of Nevada, and 2) Community Bank of Arizona. Community Bank of Nevada is a Nevada state chartered bank Chartered Bank A financial institution whose primary roles are to accept and safeguard monetary deposits from individuals and organizations, and to lend money out. The details vary from country to country, but usually a chartered bank in operation has obtained government permission providing a full range of commercial and consumer bank products through thirteen branches located in the greater Las Vegas area. Community Bank of Arizona is an Arizona state chartered bank, which operates through three full-service branches in the greater Phoenix area. The banks provide commercial banking services, including real estate, construction and commercial loans and SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government loans, to small- and medium-sized businesses. For more information about Community Bancorp, visit our website at www.community-bancorp.com. Member FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). , Equal Housing Lender The terms Equal Housing Lender and Equal Opportunity Lender are synonymous and refer to all FDIC insured banks in the United States. Such banks are prohibited from discriminating on the basis of race, color, religion, national origin, sex, handicap, or familial status. , SBA Preferred Lender |
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