LAKEWOOD, Colo., July 8 /PRNewswire-FirstCall/ -- Solera National Bank, a
wholly-owned subsidiary of Solera National Bancorp, Inc.
(OTC Bulletin Board: SLRK), announced today that it has launched Solera
DepositXpress, a Remote Deposit Capture service that enables commercial
customers to scan checks at their desktops and electronically send check
images and deposit information directly to the bank. The basic requirements to
participate in the service include a personal computer, an internet connection
and a check scanner.
Paul Ferguson, Solera National Bank CEO commented, "Solera DepositXpress
is tailored to meet the needs of our commercial customers. Deposits can be
made online in a safe and secure environment. By using this service, our
customers are able to save on transportation costs while improving their funds
availability. The implementation process is straightforward and the service is
easy to use. Importantly, Solera DepositXpress should enable us to compete
aggressively for commercial customers outside of our immediate branch trade
area."
Solera National Bank is a traditional, community commercial bank with a
core-competency in servicing and understanding the culturally diverse and
dynamic Hispanic market.
For more information, please contact:
Mr. Paul M. Ferguson
Tel: 303-202-0934
Email: PFerguson@SoleraBank.com
Cautions Concerning Forward-Looking Statements
All information in this news release consists of forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. The statements contained in this release, which are not historical
facts and that relate to future plans or projected results of Solera National
Bancorp, Inc. ("Company") and its wholly-owned subsidiary, Solera National
Bank ("Bank"), are forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. These forward-looking statements are subject to risks and
uncertainties that could cause actual results to differ materially from those
projected, anticipated or implied. These risks and uncertainties can include
the risks associated with the ability to grow the Bank and the services it
provides, the ability to successfully integrate new business lines and expand
into new markets, competition in the marketplace, general economic conditions
and many other risks described in the Company's Securities and Exchange
Commission filings. The most significant of these uncertainties are described
in our 2007 Annual Report on Form 10-K all of which any reader of this release
is encouraged to study (including all amendments to those reports) and
exhibits to those reports, and include (but are not limited to) the following:
the Company has a very limited operating history upon which to base an
estimate of its future financial performance; the Company expects to incur
losses during its initial years of operations; the Bank's failure to implement
its business strategies may adversely affect the Company's financial
performance; the departures of key personnel or directors may impair the
Bank's operations; and general economic and market conditions. We undertake no
obligation to update or revise any forward-looking statement. Readers of this
release are cautioned not to put undue reliance on forward-looking statements.
SOURCE Solera National Bank
Paul M. Ferguson of Solera National Bank, +1-303-202-0934,
PFerguson@SoleraBank.com
