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ABNS SEC Admin Proceeding:
http://www.sec.gov/litigation/admin/2012/34-67463.pdf
NEWS- Monday, September 26 2011 10:53 AM, EST California Bank & Trust Appoints Betty Rengifo Uribe Executive Vice President and Head of Its Business and Personal Banking Division Marketwire "Press Releases"
SAN DIEGO, CA -- (MARKET WIRE) -- 09/26/11 -- California Bank & Trust (CB&T) (www.calbanktrust.com) is pleased to announce the appointment of Betty Rengifo Uribe to the position of executive vice president and head of its business and personal banking division, reporting to CB&T's CEO David Blackford . With 25 years of experience in the financial services industry, Uribe has held senior level positions in retail banking, business banking and strategic planning. At CB&T Uribe will lead a division comprised of 66 branches and multiple business lending teams in the San Francisco , East Bay , Sacramento , Central Valley , Greater Los Angeles , Orange County , Antelope Valley , and Inland Empire areas.
Before joining California Bank & Trust, Uribe served as Comerica Bank's EVP, western market manager, where she successfully transformed the California and Arizona markets into the company's strongest region. Before joining Comerica in May 2007 , Uribe held several senior level positions at Wells Fargo Bank , where she led the bank's number one merchant payment solutions team in its footprint; she also served as national director of sales integration & market development and was strategy director for 300 branches in Southern California , the largest market in the company. She brings significant understanding of entrepreneurship to California Bank & Trust as well, having owned businesses including Lewis Engineering, Legacy Custom Furniture, Inc. and Big-O-Tires franchises in the past.
"We are looking forward to Betty joining our executive management team and leading one of our largest divisions," said David Blackford , President and chief executive officer of CB&T. "She not only brings a with her a proven track record of success, but she also embraces CB&T's commitment to making connections and building relationships with the customers and communities we serve."
Uribe earned her bachelor's degree in psychology, with an emphasis in business from San Diego State University . She received her Executive MBA from Pepperdine University in finance and strategy. She is also a graduate of the Consumer Bankers Association Graduate School of Retail Bank Management at the University of Virginia and a graduate of the Bankcard Management School . Furthermore, Uribe is set to graduate from Pepperdine University in May of 2012 with her doctorate in organizational leadership.
"I am very honored to join the executive management team of CB&T and to lead the Business and Personal Banking Division," said Uribe. "The expertise that exists at the Bank among the management team and the associates in business lending, cash management services, international banking, and other financial areas of interests to business leaders is impressive. The level of care that is exhibited for the customers and employees throughout the organization is exceptional. I have been a great admirer of CB&T. It is a company with a great vision and I am excited to be part of what it brings to the financial services industry."
Uribe moved to the United States from Colombia , South America at the age of 12 and speaks fluent Spanish. She brings a unique bilingual and bicultural understanding to her profession. She is involved in a host of community organizations, including: the Hispanic Outreach Taskforce (president), Junior Achievement , the Anna Maria Arias Foundation Board and its National Latina Business Series Program, the California Hispanic Chamber and The Professional Network Group (founder) and the Parents Step Ahead Foundation . In 2010, Uribe received special recognition from a host of community organizations and media outlets. Among them, she was named one of the Most Prominent Latinas in L.A. by Univision and one of the Top 25 Corporate Elite by Hispanic Business Magazine . A mother of three, she resides in Chino Hills, California with her husband and her family.
About California Bank & Trust California Bank & Trust is the largest community headquartered bank in San Diego with over $10 billion in assets and more than 100 branches statewide. CB&T provides a full array of financial solutions for businesses and individuals, including commercial lending, small business lending, SBA financing, cash management, international banking and wealth management. The professional bankers at CB&T are backed by major resources, yet maintain local decision-making authority and regional market and industry expertise. They are committed to providing clients with valuable business and economic insights and to connecting them with the beneficial business relationships they need to succeed. CB&T, as part of Zions Bancorporation, is a proud recipient of 14 Greenwich Associates 2010 Excellence Awards in banking and is the winner of the San Diego Union Tribune's award for the Best Bank in 2010.
Member FDIC .
For more information contact: Shana Starr / Tiffany Massey LFPR (for California Bank & Trust) 949.502.7750 x 209/218 Email Contact / Email Contact
Source: California Bank & Trust
I'm hoping ABNS will be forward split into one of the parent banks holdings.
Still checking to see the complete picture here.
So I could be incorrect.
ABNS owner California Bank and Trust update...
http://www.calbanktrust.com/uploads/images/files/About%20CBT%20/2010%203%20Qtr%20Financial%20Results%20AND%20CEO%20Ltr%20to%20Customers%20combo%2020101103.pdf
Parent company release....fairly current
http://www.calbanktrust.com/uploads/images/files/101019_Zions%20Earnings%20Release_2010_Q3.pdf
If not up to date, this is what happened last year:
www.calbanktrust.com/allbankwelcome/
Alliance itself was obsorbed by Cal.
ABNS. Low authorised and outstanding.
This could be picked up by another bank group.
This bank is been closed since Feb. 6, 2009. Somebody is still buying this bank shares, something most be in the works behind the scenes and somebody is been buying quietly before the big news. This stock was $70.00 and everyday I have seen more buying. Soon we will know for sure. Are you ready?
;)
ABNS MM's line up getting exciting! This thing is going to explode pretty soon!
;)
Company Officers
Curtis S. Reis, Chairman , President
Daniel L. Erickson, CFO, President
Daniel T. Jackson, Chief Credit Officer, President
On Friday, February 6, 2009, Alliance Bank, Culver City, CA was closed by the California Department of Financial Institutions. Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed.
All deposit accounts have been transferred to California Bank & Trust, San Diego, CA. For more information on California Bank & Trust, visit us at www.calbanktrust.com.
The FDIC has assembled useful information regarding your relationship with Alliance Bank. Besides a checking account, you may have Certificates of Deposit, a business checking account, a Social Security direct deposit, and other relationships with the institution.
Estimated Market Cap
$43,246 as of Feb 27, 2009
Outstanding Shares
6,177,979 as of Jul 31, 2008
Authorized Shares
20,000,000 as of Dec 31, 2004
Number of Share Holders of Record
294 as of Mar 31, 2008
Contact info...Alliance Bancshares California
100 Corporate Pointe
Suite 110
Culver City, CA 90230
http://www.allbank.com
Phone: (310) 410-9281
Fax: 310-216-2669
Alliance Bancshares Sees Going-Concern DoubtLast update: 11/20/2008 11:53:35 AMDOW JONES NEWSWIRES Alliance Bancshares California (ABNS) said Thursday that it has been hurt by the "continuing deterioration" in the Southern California real estate market, creating an uncertainty about its ability to continue as a going concern. The Culver City, Calif., company said that, for the nine months ended Sept. 30, it incurred a net loss of $28.6 million. Excluding redeemable preferred stock, shareholders' equity has decreased to $8.6 million at Sept. 30 from $37.8 million at Dec. 31, 2007. Further, Alliance Bancshares' financial condition has adversely affected funding sources during the past quarter and caused substantial withdrawals of uninsured deposits, according to a filing with the Securities and Exchange Commission. "As a result of the losses, the Company is deemed to be under capitalized as of September 30, 2008," the filing said. The company said it has taken steps "in an effort to continue with safe and sound banking practices," including the hiring of a firm to assist in seeking additional capital and increasing the borrowing line at the Federal Reserve Bank's discount window for up to $117 million. -By Brian Kalish, Dow Jones Newswires; 202-862-1350; brian.kalish@dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/al?rnd=ZeJWYD76SSUIrDh7xN%2BBbg%3D%3D. You can use this link on the day this article is published and the following day. (END) Dow Jones NewswiresNovember 20, 2008 11:53 ET (16:53 GMT)
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Update 11-16-2010 Recent to Old chronology.
~~~~~~~~~~~~~~~ Alliance Bancshares California ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~`
ABNS has been owned/acquired by CB&T since Feb 6th, 2009. CB&T is itself a subsidiary of Zions Bancorp:
California Bank & Trust is a subsidiary of Utah-based Zions Bancorporation with assets of over $50 billion, whose stock is listed on the NASDAQ National Market (ZION). The bank is a member of the STAR System, MasterCard, VISA/PLUSTM, AMEX and Discover ATM networks.
ABNS is a wholly owned trading subsidy of CB&T
Friday, February 6, 2009 - Alliance Bank is now California Bank & Trust
-- On Friday, February 6, 2009, California Bank & Trust (CB&T) acquired the deposits and loans of Alliance Bank of Culver City, CA.
http://www.calbanktrust.com/allbankwelcome/ (older link which will redirect)
updated 11-19-2010 8:50PM
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