Plaza Bank Announces Ali Rizvi as Chief Banking Officer in Las Vegas


IRVINE, CA--(Marketwire - August 13, 2010) -  Plaza Bank (OTCBB: PLZB) welcomes Ali Rizvi as the Chief Banking Officer of the bank's newly acquired Las Vegas office. Ali will be based out of the company's Las Vegas, Nevada office located at 4043 South Eastern Avenue.

Prior to joining the Plaza Bank team, Ali accumulated 22 years of experience in the financial industry, with much of his experience occurring in the Las Vegas, Nevada market. For eight years, Ali acted as President of Cardinal Health Financial Shared Services, Nevada, a wholly owned subsidiary of a worldwide health care company, where he effectively led and expanded 23 operating companies generating over $550M in annual revenue. His responsibilities included financial services, information technology, document management, process improvement, sales and service.

Ali gained additional experience in several roles at Bank of America, including VP/Branch Manager of a lead branch, VP/District Sales Manager and VP/District Financial Relationship Manager for high value net worth individuals. Ali has also developed numerous business development programs for multiple bank branches.

"We are pleased to have such an experienced and successful leader on our team," stated Gene Galloway, President of Plaza Bank. "Ali has a track record of driving dynamic and profitable business enterprises with worldwide scope, yet he is extremely familiar with the Las Vegas market. His ability to develop personalized enterprise solutions will greatly benefit local businesses."

Ali is a resident of Las Vegas and is actively involved in the Las Vegas Chamber of Commerce, Nevada Development Authority and the Nevada Bankers Association.

To reach Ali, call him at (702) 523-1143 or email him at arizvi@swusabank.com.

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 www.plazabank.net.

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