Click here to close now.

Welcome!

News Feed Item

Maria S. Salinas Appointed as Chairwoman of the Board to Succeed Newly Sworn-in SBA Administrator Maria Contreras-Sweet

LOS ANGELES, CA -- (Marketwired) -- 04/22/14 -- ProAmérica Bank (OTCQB: PMRA) is proud to announce that Founding Organizer/Director Maria S. Salinas was appointed by her fellow Directors to lead the Board as Chairwoman. ProAmérica Bank has been fortunate to have a strong, qualified Board of Directors -- many of whom are founding organizers. Fellow Director Edward P. Roski, Chairman of Majestic Realty, shared, "Maria Salinas' strong financial acumen and experience as a CPA, combined with her commitment and leadership in the community, give her insights into our target market and provide her with the firsthand knowledge to build on the mission of ProAmérica Bank. The Directors look forward to her professional discipline and leadership on the Board."

Maria Salinas succeeds Founding Chairwoman Maria Contreras-Sweet who was sworn into office on April 7th by Vice President Joe Biden. President Obama kicked-off the ceremony with strong statements of support for the newest member of his economic advisory team, "She knows first-hand the challenges that small businesses go through...as Founder of ProAmérica Bank she supported Latino entrepreneurs throughout Los Angeles." Contreras-Sweet now joins President Obama's cabinet as the Administrator of the United States Small Business Administration (SBA). Vice President Biden, who conducted the official swearing in and oath of office confirmed her qualifications, "I have every confidence in the world that you'll do everything in your power to give all of America's small businesses and entrepreneurs the chance that they dream of."

President and CEO L. Bruce Mills, Jr. said, "The Directors and staff join me in wishing Founding Chairwoman Maria Contreras-Sweet success in driving our nation's efforts to support small business growth. In her new role, Maria Contreras-Sweet is required to relinquish her involvement in ProAmérica Bank and resign as Executive Chairwoman. However, we know that she will be championing all businesses across the nation, including the many we serve here at ProAmérica Bank. The Executive Management team and I share the highest regard for newly-appointed Chairwoman Maria Salinas and her commitment to the Bank's mission."

"I am honored to serve as Chairwoman of ProAmérica Bank and look forward to continuing to build on the strong corporate infrastructure, systems and programs that have been established. I believe wholeheartedly in the founding mission and will continue to work diligently with the Board and management to ensure that we effectively and professionally deliver access to capital and quality banking to the community," said Maria S. Salinas.

Maria Salinas is President and Founder of Salinas Consulting, LLC, a finance and accounting project management firm. Salinas is a Certified Public Accountant and experienced finance professional with expertise in leading organizations in financial planning & reporting, controls & compliance, and general accounting matters. Salinas Consulting finance professionals serve clients that include major corporations in Southern California. Prior to launching her business in 2006, Salinas held financial leadership roles at The Walt Disney Company for nearly 11 years. She also developed public accounting experience working with Ernst & Young, LLP. In addition to serving as Director of ProAmérica Bank since its inception, Salinas serves on the Board of Directors at Los Angeles Universal Preschool (LAUP) and at the National Council of La Raza (NCLR), and is a Regent at Loyola Marymount University.

About ProAmérica Bank

ProAmérica Bank provides a full range of financial services, including credit and deposit products, cash management, and internet banking for businesses and high net worth individuals from its headquarters office at 888 West Sixth Street, Second Floor, Los Angeles, CA 90017. Information on products and services may be obtained by calling (213) 613-5000 or visiting the Bank's website at www.proamericabank.com.

NOTE:
This news release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about ProAmérica Bank's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and the following: ProAmérica Bank's timely implementation of new products and services, technological changes, changes in consumer spending and savings habits and other risks discussed from time to time in ProAmérica Bank's reports and filings with banking regulatory agencies. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made, and ProAmérica Bank does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2573619

Contact:
ProAmérica Bank
L. Bruce Mills, Jr.
President & CEO
213.787.2803

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Countless business models have spawned from the IaaS industry. Resell Web hosting, blogs, public cloud, and on and on. With the overwhelming amount of tools available to us, it's sometimes easy to overlook that many of them are just new skins of resources we've had for a long time. In his General Session at 16th Cloud Expo, Phil Jackson, Lead Technology Evangelist at SoftLayer, broke down what we've got to work with and discuss the benefits and pitfalls to discover how we can best use them to d...
"We have seen the evolution of WebRTC right from the starting point to what it has become today, that people are using in real applications," noted Dr. Natasha Tamaskar, Vice President and Head of Cloud and Mobile Strategy and Ecosystem at GENBAND, in this SYS-CON.tv interview at WebRTC Summit, held June 9-11, 2015, at the Javits Center in New York City.
Enterprises are turning to the hybrid cloud to drive greater scalability and cost-effectiveness. But enterprises should beware as the definition of “policy” varies wildly. Some say it’s the ability to control the resources apps’ use or where the apps run. Others view policy as governing the permissions and delivering security. Policy is all of that and more. In his session at 16th Cloud Expo, Derek Collison, founder and CEO of Apcera, explained what policy is, he showed how policy should be arch...
The 3rd International WebRTC Summit, to be held Nov. 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 15th International Cloud Expo, 6th International Big Data Expo, 3rd International DevOps Summit and 2nd Internet of @ThingsExpo. WebRTC (Web-based Real-Time Com...
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society-changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his session at @ThingsExpo, Jason Mondanaro, Director, Product Management at Metanga, discussed how you can plan to cooperate, partner, and form lasting all-star teams to change the world...
Internet of Things (IoT) will be a hybrid ecosystem of diverse devices and sensors collaborating with operational and enterprise systems to create the next big application. In their session at @ThingsExpo, Bramh Gupta, founder and CEO of robomq.io, and Fred Yatzeck, principal architect leading product development at robomq.io, discussed how choosing the right middleware and integration strategy from the get-go will enable IoT solution developers to adapt and grow with the industry, while at th...
SYS-CON Events announced today that Harbinger Systems will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Harbinger Systems is a global company providing software technology services. Since 1990, Harbinger has developed a strong customer base worldwide. Its customers include software product companies ranging from hi-tech start-ups in Silicon Valley to leading product companies in the US a...
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than
The time is ripe for high speed resilient software defined storage solutions with unlimited scalability. ISS has been working with the leading open source projects and developed a commercial high performance solution that is able to grow forever without performance limitations. In his session at Cloud Expo, Alex Gorbachev, President of Intelligent Systems Services Inc., shared foundation principles of Ceph architecture, as well as the design to deliver this storage to traditional SAN storage co...
SYS-CON Events announced today that ProfitBricks, the provider of painless cloud infrastructure, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. ProfitBricks is the IaaS provider that offers a painless cloud experience for all IT users, with no learning curve. ProfitBricks boasts flexible cloud servers and networking, an integrated Data Center Designer tool for visual control over the...
"We got started as search consultants. On the services side of the business we have help organizations save time and save money when they hit issues that everyone more or less hits when their data grows," noted Otis Gospodnetić, Founder of Sematext, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
"CenturyLink brings a full suite of services to the table and that enables us to be an IT service provider," explained Jeff Katzen, Director of the Cloud Practice at CenturyLink, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises ar...
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
"In the IoT space we are helping customers, mostly enterprises and industry verticals where time-to-value is critical, and we help them with the ability to do faster insights and actions using our platform so they can transform their business operations," explained Venkat Eswara, VP of Marketing at Vitria, in this SYS-CON.tv interview at @ThingsExpo, held June 9-11, 2015, at the Javits Center in New York City.