Americas United Bank Completes Acquisition of the Lancaster Branch from
LANCASTER, Calif. -- March 31, 2014
As of March 31^st, 2014 Americas United Bank (OTCQB: AUNB) has completed its
previously announced acquisition of the Lancaster branch from Silvergate Bank,
a wholly-owned subsidiary of Silvergate Capital Corporation.
Adriana M. Boeka, President and Chief Executive Officer of Americas United
Bank, stated, “We are very pleased to announce our entry into the Lancaster
market with the branch located at 539 W Lancaster Blvd, Lancaster, CA 93534.
We welcome the employees and depositors of the Lancaster Regional Office to
the Americas United Bank family. At Americas United Bank, our vision is to
provide a full-range of business and personal banking services to
small-to-medium-sized businesses, professionals and entrepreneurs. We are
excited to serve the greater Lancaster area, as we believe it is a natural
complement to our other full service regional branches in Glendale and Downey,
The new Lancaster branch is located on Lancaster Blvd just north of the
Lancaster Metrolink Station as well as convenient access off Highway 14. The
branch is open from 9 a.m. to 5 p.m. Monday through Friday.
About Americas United Bank:
Americas United Bank operates as a full-service commercial bank that provides
business and personal banking products and services. For more information on
the Bank, please visit our website at www.aubank.com.
Forward Looking Statements: The numbers in this press release are unaudited.
Statements such as those regarding the anticipated development of the banks'
business, and the intent, belief or current expectations of the banks, their
directors, or their officers, are "forward looking" statements (as such term
is defined in the Private Securities Litigation Reform Act of 1995). Because
such statements are subject to risks and uncertainties, actual results may
differ materially from those expressed or implied by such forward looking
statements. These risks and uncertainties include, but are not limited to,
risks related to the local and national economy, the banks' performance,
including their ability to generate loan and deposit growth, changes in
interest rates, and regulatory matters.
Americas United Bank
Adriana M. Boeka, President and Chief Executive Officer
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