Temecula Valley Bank Announces the Appointment of Tim Moriarty, Vice President, Business Development Officer, SBA Division
TEMECULA, Calif.--(Business Wire)--
Temecula Valley Bank, the principal subsidiary of Temecula Valley
Bancorp Inc. (NASDAQ: TMCV) announced today that Tim Moriarty has
joined the Bank's SBA Division as Vice President and Business
Development Officer (BDO). With over 18 years experience in sales and
origination of SBA and commercial real estate loans, most recently
with Lehman Brothers Small Business Finance, Inc., Mr. Moriarty is
responsible for developing new business in the Bellevue, Washington
market and surrounding areas.
"Tim is an outstanding addition to our SBA team of lending
professionals who are committed to providing small business owners
with personalized service and competitive financing options," said
Stephen H. Wacknitz, Chairman of the Board, President and CEO.
"Our strategy is to provide owner/user real estate financing to
small business owners. Our success is driven by providing fast and
consistent turn around in a professional manner. This is accomplished
by our expertise in our 'back office' but is driven by experienced and
professional BDOs. Tim is an accomplished SBA BDO who will continue to
be very successful in the Washington market," added David H. Bartram,
President of the SBA Division.
Temecula Valley Bank has grown to be one of the nation's leading
producers of Small Business Administration (SBA) loans funding over
$1.6 billion in the past five years. As a leading SBA Preferred
Lender, the Bank has a network of SBA loan production offices in
primarily in the western United States. The Bank was established in
1996 and operates full service offices in California through eleven
full-service banking offices in Temecula, Murrieta, Corona, Carlsbad,
El Cajon, Escondido, Fallbrook, Rancho Bernardo, San Marcos, Solana
Beach and Ontario. Regional loan production centers originate real
estate and construction loans throughout the state of California.
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.
Temecula Valley Bank
Stephen H. Wacknitz, 951-694-9940
Copyright Business Wire 2008
