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OSBORN ELECTED NEW DIRECTOR OF PACIFIC WESTERN NATIONAL BANK

 PICO RIVERA, Calif., Sept. 23 /PRNewswire/ -- Dana Godfrey, president and chief executive officer of Pacific Western National Bank, announced today the election of Robert Osborn as a new member of the bank's board of directors. Osborn was elected to fill a vacancy when Willard Smith was elected to the position of Director Emeritus.
 Pacific Western National Bank, headquarters in the community of Pico Rivera, with additional offices in West Covina and Downey, Calif., was started in 1980 to provide local community-based service to small businesses and individuals. The bank, now with total assets of $74MM, has been consistently profitable since inception. Smith was one of the bank's original founding directors. Godfrey noted that "Mr. Smith was a very important factor in the bank's consistently profitable operations. Mr. Smith brought to the bank a strong sense of community and business expertise." In the capacity of Director Emeritus, Smith will continue to provide the bank with his counsel and support.
 Robert Osborn, 56, was born in Long Beach, Calif., and attended Whittier High School. Osborn graduated from Whittier College where he received his teaching credential and masters degree. Osborn taught at Los Altos High School and then advanced to teaching at California State University, Fullerton. In 1984, Osborn acquired Whittier Fertilizer Co., where he had been employed since 1972. Whittier Fertilizer processes and sells natural fertilizer products, soil amendments, and other landscape supplies to nurseries, gardeners, and landscapers throughout Southern California. "Mr. Osborn brings to Pacific Western National Bank a strong community foundation," stated Godfrey. "Mr. Osborn has served as the president of the Pico Rivera Chamber of Commerce and also serves on the governing board of the Southern California Golf Association's Golf Course Management Inc. and on its Course Rating Committee. Through his successful business background, community contacts, and high energy level," said Godfrey, "Mr. Osborn will provide the bank with a continuation of its successful and diverse board of directors."
 -0- 9/23/93
 /CONTACT: Dana Godfrey, president & CEO of Pacific Western National Bank, 310-948-3446/


CO: Pacific Western National Bank ST: California IN: FIN SU: PER

LM-LS -- LA032 -- 5228 09/23/93 19:15 EDT
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Publication:PR Newswire
Date:Sep 23, 1993
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