Temecula Valley Bank Announces the Appointment of Tim Moriarty, Vice President, Business...
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
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