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Sunwest Bank Announces The Appointment Of John F. Tellenbach As Executive Vice President, Chief Banking Officer

IRVINE, Calif. (May 20, 2014) – Sunwest Bank (SWBC) (“Sunwest” or “the Bank”) announces the appointment of John Tellenbach as Executive Vice President, Chief Banking Officer to Sunwest’s commercial banking team in Irvine, California. Mr. Tellenbach will be responsible for managing the commercial banking group and expanding the Bank’s commercial client base in California, Arizona and Washington.

John Tellenbach has been actively lending in the Southern California region for over 24 years and has extensive executive management experience. During his career John has also served in many philanthropic roles, including 10 years as a Regional Council Member of the American Cancer Society. Mr. Tellenbach is a graduate of the University of California, San Diego, as well as the Pacific Coast Banking School in Seattle, Washington. Raised in the San Gabriel Valley, he currently resides in Rancho Palos Verdes with his wife and two children.

“John has demonstrated not only strong commercial banking acumen, but an impressive ability to lead over the years. We are excited to have someone of John’s caliber as our Chief Banking Officer,” said Christopher Walsh, President and CEO of Sunwest Bank. “He brings a tremendous amount of experience and leadership credentials.  His business intuition is a valuable asset to our bank and the communities we serve.”

About Sunwest Bank

An established community bank, Sunwest Bank has offices in California, Arizona, Washington and Idaho. Sunwest Bank offers a wide range of financial products to individuals, professionals, homeowner associations, and small- to mid-sized businesses. The Bank’s solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with our clients. For more information about Sunwest Bank, visit the company’s website at www.SunwestBank.com or call (800) 330-9890.

Forward-Looking Statements

This press release includes ‘forward-looking’ statements within the meaning of Section 27A of the Securities Act. All of the statements contained in this press release, other than statements of historical fact, should be considered forward-looking statements, including but not limited to, any statements which may concern (i) the Bank’s strategies, objectives and plans for expansion of its operations, product and services, (ii) the Bank’s beliefs and expectations regarding actions that may be taken by regulatory authorities having oversight of the Bank, and (iii) the Bank’s beliefs and expectations of the future operating results. Such forward-looking statements may contain words or phrases including, but not limited, to: "believe," "expect," "intend," "anticipate," "estimate," "target," "plans," "may fluctuate," "may result in," "are projected," "may increase," and variations of those words and similar expressions. Although the Bank believes the expectation reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. All subsequent written and oral forward-looking statements by or attributable to the Bank or persons acting on its behalf are expressly qualified in their entirety by this qualification. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and are not intended to give any assurance as to future results. The Bank undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

 

For further information, please contact:

Nicole Smith

Sunwest Bank

714-730-4491