Temecula Valley Bancorp Announces Appointment of Philip Guldeman as Chief Financial Officer and Senior Executive Vice President

TEMECULA, Calif.--(Business Wire)--
Temecula Valley Bancorp Inc. (NASDAQ: TMCV), the holding company of Temecula
Valley Bank, announced at the annual meeting of shareholders on May 26, the
appointment of Philip Guldeman, CPA as Chief Financial Officer for the Bank and
the Company, and Senior Executive Vice President of the Bank.

Mr. Guldeman has approximately 30 years of experience with financial
institutions providing financial officer talent to organizations on a temporary
basis, including turnaround situations, through his company, CFO Services. His
clients have ranged from small independent institutions to one of the nation's
ten largest banks, where he designed a standard cost-based product profitability
reporting system. Mr. Guldeman served as EVP & CFO at Community West Bancshares,
Goleta, CA from 2001 to 2002, acting CFO at Southern California Savings & Loan
Association, Beverly Hills, CA in 1995 and EVP & CFO at Community Bank from 1993
to 1995. Before starting his own company in 1992, Mr. Guldeman held several
positions with KPMG, most recently as Western Regional Partner, Financial
Institutions Consulting. He holds a BA degree from Brown University, an MBA
degree in Finance from New York University and is a Certified Public Accountant
in California.

"We are very pleased to have such a well-qualified professional as Phil join our
management team and direct the financial operations of our Bank. He brings
significant industry experience and skill to assist us in accomplishing the
goals and strategies of our three year Strategic Action Plan that we are
continuing to aggressively implement," said Frank Basirico, Chief Executive
Officer.

About Temecula Valley Bank

Temecula Valley Bank was established in 1996 and operates eleven full service
banking offices in California, in the communities of Temecula, Murrieta, Corona,
Carlsbad, El Cajon, Escondido, Fallbrook, Rancho Bernardo, San Marcos, Solana
Beach and Ontario. The Bank is an SBA Preferred Lender. Temecula Valley Bancorp
Inc. was established in June 2002 and operates as a bank holding company for the
Bank. For more information about the Company, visit Temecula`s website at
www.temvalbank.com.

Statements concerning future performance, developments, or events concerning
expectations for growth and market forecasts, and any other guidance on future
periods, constitute forward-looking statements that are subject to a number of
risks and uncertainties. Actual results may differ materially from stated
expectations. Specific factors include, but are not limited to, the effect of
interest rate changes, the ability to control costs and expenses, the impact of
consolidation in the banking industry, financial policies of the U.S.
government, and general economic conditions. Additional information on these and
other factors that could affect financial results are included in the filings
made with the Securities and Exchange Commission by Temecula Valley Bancorp Inc.
The Company undertakes no obligation to update forward-looking statements,
whether as a result of new information, future events, or otherwise.

Photos/Multimedia Gallery Available:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5974495&lang=en

Temecula Valley Bancorp Inc.
Frank Basirico, CEO, 951-694-9940

Copyright Business Wire 2009