Cuyamaca Bank Brings the Best of Relationship Banking to North County.

Business Editors

SANTEE, Calif.--(BUSINESS WIRE)--Aug. 21, 2002

Bruce Ives, president and CEO of Cuyamaca Bank, N.A. (the Bank) (OTCBB:CUYA) announced the grand opening of the new Encinitas office.

Ives said, "We are very excited about the opportunity to expand our products and services into the North County market and look forward to servicing this community with the same high quality service that has made us successful in the East County." Ives added, "We are well aware of the opportunities within the North County Market, and this is one more step towards achieving our objective of becoming the premier independent bank in San Diego County."

The manager of the new office is Ken Baker, senior vice president, formerly of Scripps Bank, Encinitas office. In continuing the emphasis on hiring quality, experienced bankers to support the Bank's growth objectives, Baker brings significant management and relationship banking experience to Cuyamaca Bank. His 20 year banking career started with First Interstate Bank, where he managed the bank's corporate banking training department and later served as relationship manager and commercial loan officer. He joined Scripps Bank in 1996, where he served as senior commercial loan officer and then manager of the Encinitas office. Baker has spent the majority of his career in North County, working in both Carlsbad and Encinitas for the past 15 years, and is an Encinitas resident.

Founded in 1983, Cuyamaca Bank is an FDIC insured institution and offers local ownership, responsive management and personalized service. Cuyamaca Bank serves the San Diego County through offices in Santee, La Mesa, El Cajon, Encinitas and its SBA Department in La Mesa.

Cuyamaca Bank is traded under the symbol "CUYA" on the Over-the-Counter Bulletin Board.