LAS VEGAS, NV--(Marketwire - October 18, 2010) -  Plaza Bank (OTCBB: PLZB) announces the appointment of Lori Anderson to the position of Senior Vice President, Special Assets Manager at its Las Vegas branch.

Anderson will be responsible for working with commercial borrowers to manage special asset sales, recovery, restructuring and collection efforts of non-performing commercial loans. In her role, she will also develop and implement strategies to minimize loan losses for the Bank.

Anderson has over thirty years experience in the banking industry, with particular focus in the areas of credit risk and credit administration management. Within the region, she has successfully managed loan risk and operations units at Nevada State Bank and has held executive leadership roles at the Arroyo Grande, CA institutions: Rabobank, N.A. and Mid-State Bank and Trust. Anderson graduated from Graduate School of Banking at Colorado in Boulder and received her certificate in agricultural lending from the Western Agricultural Credit School. She and her family live in Las Vegas.

Anderson can be reached at the Las Vegas branch at (702) 853-4705.

About Plaza Bank

Plaza Bank is a full-service business bank headquartered in Irvine, California with an additional full service branch location in Las Vegas, Nevada. 

The Bank is dedicated to meeting the financial needs of the small business customer with innovative diverse products and personalized service. For additional information, visit the Plaza Bank website at

Forward-Looking Statements

Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are subject to the safe harbors created by that Act. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements describe future plans, strategies and expectations. Forward-looking statements are based on currently available information, expectations, assumptions, projections, and management's judgment about the Bank, the banking industry and general economic conditions. These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Future events are difficult to predict, and the expectations described above are necessarily subject to risk and uncertainty that may cause actual results to differ materially and adversely.

Contact Information:

Media Contacts:
Gene Galloway
President - Plaza Bank
702-277-2221 or 949-502-4309