CERRITOS, CALIFORNIA, Sept. 25, 2018 (GLOBE NEWSWIRE) -- (Nasdaq Capital Markets: FCBP) - First Choice Bancorp, the holding company for First Choice Bank (the “Bank” or “FCB”), announced that Sunny Han-Jeon has been named Senior Vice President, Regional Manager for the Greater Los Angeles Region. Joining her is Alineh Mouradian, who has been named Vice President, Relationship Manager. Sunny will be reporting to Chief Banking Officer, Nicole Swain.
Ms. Han-Jeon and Ms. Mouradian are seasoned commercial bankers, with 28 and 30 years of banking experience, respectively. The duo has built a reputation for establishing deep, personal relationships with clients while offering excellent service. They specialize in working with commercial customers, healthcare firms, law firms, nonprofit organizations, and real estate investors; providing specialty deposits for escrow and property management companies; financing aircrafts; and providing private banking for high-net-worth individuals and families.
“Sunny and Alineh have extensive sales and leadership experience in Greater Southern California, with relationships reaching as far as San Diego County. They will be a valuable asset in the continued success and expansion of First Choice Bank,” said Nicole Swain, Chief Banking Officer.
Robert Franko, the Bank’s President & CEO added, “We look forward to helping Sunny and Alineh to attract new relationships to the Bank. Our mission is to be First in Speed, Service and Solutions, and we know that Sunny and Alineh exude the same attitude and will provide the same attentive service to clients. First Choice Bank’s culture will be a natural fit for Sunny and Alineh. They will provide the best service and the best structured solutions for First Choice clients’ needs.”
Peter Hui, the Bank’s Founder and Chairman welcomed them saying, “Sunny and Alineh are very highly regarded in the Southern California business and non-profit communities. We are proud to welcome them to our First Choice family.”
Ms. Han-Jeon serves as a Board Member of C5LA, and Ms. Mouradian remains an active member of the Armenian American Chamber of Commerce. The two bring a collective fluency in five languages—English, Spanish, Korean, Armenian, and Farsi- allowing connections with a diverse clientele.
Ms. Han-Jeon and Ms. Mouradian are excited to bring their expertise and energy to First Choice Bank and look forward to attracting new clients to the Bank. “Alineh and I are thrilled to join the high-performing team at First Choice Bank and look forward to being a part of this dynamic financial institution,” said Ms. Han-Jeon.
About First Choice Bancorp
First Choice Bancorp is the registered bank holding company for First Choice Bank. First Choice Bank, headquartered in Cerritos, California is a community-focused financial institution, serving diverse consumers and commercial clients and specializing in loans to small businesses, private banking clients, commercial and industrial (C&I) loans, and commercial real estate loans with a niche in providing finance for the hospitality industry. First Choice Bank is a Preferred Small Business Administration (SBA) Lender. Founded in 2005, First Choice Bank has quickly become a leading provider of financial services that enable our customers to grow, maintain strength, and achieve their business objectives. We strive to surpass our clients’ expectations through our efficiency and professionalism and are committed to being “First in Speed, Service, and Solutions.” First Choice Bancorp stock is traded on the Nasdaq Capital Market under the ticker symbol “FCBP”.
First Choice Bank’s website is www.FirstChoiceBankCA.com.
FORWARD-LOOKING STATEMENTS
Except for the historical information in this news release, the matters described herein contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are subject to risks and uncertainties that could cause actual results to differ materially. Such risks and uncertainties include: the credit risks of lending activities, including changes in the level and trend of loan delinquencies and charge-offs, results of examinations by our banking regulators, our ability to maintain adequate levels of capital and liquidity, our ability to manage loan delinquency rates, our ability to price deposits to retain existing customers and achieve low-cost deposit growth, manage expenses and lower the efficiency ratio, expand or maintain the net interest margin, mitigate interest rate risk for changes in the interest rate environment, competitive pressures in the banking industry, access to available sources of credit to manage liquidity, the local and national economic environment, changes in interest rates, legislative/regulatory changes, monetary and fiscal policies of the United Sates government including policies of the United States Treasury and the Board of Governors of the Federal Reserve Bank, the quality and composition of the loan and securities portfolios, demand for loan products, deposit flows, demand for financial services in our market area, implementation of new technologies, our ability to develop and maintain secure and reliable electronic systems, changes in accounting principles, policies and guidelines, and other risks and uncertainties. Accordingly, undue reliance should not be placed on forward-looking statements. These forward-looking statements speak only as of the date of this release. First Choice Bank and First Choice Bancorp undertake no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.