ABNS News Alliance Bancshares California Appoints Blair Contratto and Daniel T. Jackson Bank Directors
CULVER CITY, Calif.--(BUSINESS WIRE)--July 10, 2006--Alliance Bancshares California (OTCBB:ABNS) announced the appointment of two new members of the Board of Directors, Blair Contratto, chief executive of Little Company of Mary (LCM), a member of Providence Health and Services, and Daniel T. Jackson, president and chief operating officer of the Company and Alliance Bank, its primary subsidiary.
Mrs. Contratto is responsible for management and operations of LCM and all of its related subsidiaries, including Little Company of Mary Hospital, Little Company of Mary - San Pedro Hospital, the Medical Institute of Little Company of Mary, four skilled nursing facilities, three urgent care centers, three ambulatory care centers, a fund-raising foundation and many other affiliates. The system includes 4,000 employees and is headquartered in Torrance, California. She has been with LCM for more than 14 years. She serves as a Trustee of the Chadwick School. Mrs. Contratto received her M.P.H. from the University of Tennessee and earned a B.S. in Public Health from the University of California at Los Angeles. Blair and her family are residents of Palos Verdes Estates.
The other addition to the board is an internal director, Daniel T. Jackson. Prior to his appointment to president in 2005, Mr. Jackson served as executive vice president and chief credit officer of the Company and the Bank. Mr. Jackson has been a senior banking officer in Southern California for over 15 years, including the last 9 years with Alliance Bank. Mr. Jackson has a bachelors of science degree from Indiana University and an MBA from the University of Southern California. Daniel and his family reside in Mission Viejo.
"Blair Contratto will bring new ideas and diversity as an outside director. Her experiences in healthcare and with a large organization will provide a complimentary fit with the rest of the Board," said Curtis Reis, chairman and chief executive officer. "Dan Jackson has contributed significantly to our growth and success since he joined the Bank. This additional assignment recognizes his leadership and importance to the future of the Company. We believe the election of these two will be most helpful in leading us beyond the one billion mark in total assets."
With just under $750 million in assets, Alliance Bank is one of the leading publicly traded business banks headquartered in Southern California offering a wide range of financial solutions tailored to corporate customers, executives and professionals. Serving small to mid-sized businesses, Alliance Bank's strategy focuses on delivering progressive financial solutions including deposit and cash management services and commercial, small business, asset-based, construction and real estate financing. Founded in 1980, Alliance Bank is the principal subsidiary of Alliance Bancshares California (OTCBB:ABNS), with regional banking offices in Culver City, Irvine, Woodland Hills and Burbank coupled with a SBA Nationwide Preferred Lender status. Alliance can be found on the Web at www.allbank.com.
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