Community Bank Announces the Appointment of Ronald L. Samuelson as Pasadena Business Center Manager

PASADENA, Calif.--(BUSINESS WIRE)--Community Bank, with assets exceeding $2.5 billion, today announced the appointment of Ronald L. Samuelson to First Vice President and Business Center Manager of Community Bank’s Pasadena Business Center, effective November 16, 2009. To reach Ronald Samuelson please contact him at (626)568-2244 or via email at rsamuelson@cbank.com.

David Malone, President and Chief Executive Officer commented that “Ron’s solid understanding of the local marketplace and strong leadership skills are a natural fit for Community Bank’s Pasadena Office and our San Gabriel Valley outreach. I have no doubt he will be successful in cultivating the rich opportunities in the area and further developing the Bank’s existing community network.

It is always of great interest for me to identify and promote qualified internal candidates from within the organization and to provide them with the opportunity they deserve for career advancement.”

Community Bank founded in 1945 and headquartered in Pasadena, is a leading Southern California Business Bank, independently owned and operated for over six decades and provides Partnership Banking® services through a highly qualified team of professionals. The Bank has office locations in Anaheim, Burbank, Commerce, Corona, Fontana, Glendale, Irvine, Ontario, Pasadena, Redlands, Santa Clarita, Santa Fe Springs, South Bay and Yucaipa. For more information, visit the Community Bank Website at www.cbank.com.

This press release contains certain forward-looking statements, including certain plans, expectations, goals and projections, which are subject to numerous assumptions, risks and uncertainties. Actual results could differ materially from those contained in or implied by such statements for a variety of factors including: changes in economic conditions; movements in interest rates; competitive pressures on product pricing and services; success and timing of business strategies; the nature and extent of governmental actions and reforms; and rapidly changing technology and evolving banking industry standards.