American River Bank Appoints Two New Directors to Its Board
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Thu, 02 Jul 2009 13:15:20 GMT |
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American River Bankshares |
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SACRAMENTO, CA -- 07/02/09 --
The Board of Directors of American River
Bankshares (NASDAQ: AMRB) announced that it has appointed Amador S. Bustos
and Dorene C. Dominguez to the American River Bank Board and increased the
size of the Board from eight to ten members.
"Amador and Dorene both currently sit on our corporate board and so adding
their same insight to our bank board makes sense," said David Taber,
President and CEO of American River Bankshares. "They are each
well-respected leaders in their own industries and their business
experience will help guide our Company in building its reputation as the
premier business bank in the communities we serve."
Amador Bustos is Chairman and CEO of Bustos Media, LLC, a leading private
Spanish-language broadcasting company headquartered in Sacramento, with
broadcast properties in fast-growing mid-tier Hispanic markets in eight
western states.
Dorene Dominguez is President of Vanir Group of Companies Inc., which
includes Vanir Development Company Inc., Vanir Construction Management
Inc., Vanir Energy LLC, and the Vanir Foundation in Memory of H. Frank
Dominguez. Ms. Dominguez also formed Vanir Financial Services Inc., which
owns Vanir Securities Inc., a licensed broker-dealer.
About American River Bankshares
American River Bankshares (NASDAQ: AMRB) is the parent company of American
River Bank ("ARB"), a community business bank serving Sacramento, CA that
operates a family of financial services providers, including North Coast
Bank [a division of "ARB"] in Sonoma County and Bank of Amador [a division
of "ARB"] in Amador County. For more information, please call 916-851-0123
or visit www.amrb.com; www.americanriverbank.com; www.northcoastbank.com;
or www.bankofamador.com.
Forward-Looking Statement
Certain statements contained herein 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 and subject to the safe harbor
provisions of the of Private Securities Litigation Reform Act of 1995, that
involve risks and uncertainties. Actual results may differ materially from
the results in these forward-looking statements. Factors that might cause
such a difference include, among other matters, changes in interest rates,
economic conditions, governmental regulation and legislation, credit
quality, and competition affecting the Company's businesses generally; the
risk of natural disasters and future catastrophic events including
terrorist related incidents; and other factors discussed in the Company's
Annual Report on Form 10-K for the year ended December 31, 2008, and in
subsequent reports filed on Form 10-Q and Form 8-K. The Company does not
undertake any obligation to publicly update or revise any of these
forward-looking statements, whether to reflect new information, future
events or otherwise, except as required by law.
Media Contact:
Diana Walery
Corporate Communications
American River Bankshares
916-231-6717
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