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Sunwest Bank Announces Steven R. Spangler as Senior Vice President, Market Area President

PHOENIX, AZ -- (Marketwired) -- 06/11/14 -- Sunwest Bank (SWBC) ("Sunwest" or "the Bank") is pleased to announce the appointment of Steven R. Spangler as Senior Vice President, Market Area President, for the Southern Arizona region. He will report directly to Chris Walsh, President and CEO of Sunwest Bank, and will be responsible for expanding the Bank's business and commercial client base in Maricopa County and the surrounding area.

Mr. Spangler has been active in the banking industry for over 25 years. Prior to joining Sunwest Bank, he served as Vice President, Commercial Banking Officer for Comerica Bank in Phoenix, Arizona.

"Steve's extensive banking experience, coupled with his connections in the Arizona business community, makes him ideally suited for this position," said Chris Walsh. "As we expand our operations throughout Southern Arizona, we look to Steve and his expertise to give us greater recognition and broader appeal within the local business community."

Deeply rooted in the community, Spangler is an Advisory Board Member for Everest College and serves on the boards of the Arizona Manufactures Council and Arizona Diabetes Foundation. A graduate of Babson College in Wellesley, Massachusetts, Mr. Spangler currently resides in Maricopa County with his wife and two children.

About Sunwest Bank
An established community bank, Sunwest Bank has offices in California, Arizona, Washington and Idaho. Sunwest Bank offers a wide range of financial products to individuals, professionals, homeowner associations, and small- to mid-sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with our clients. For more information about Sunwest Bank, visit the company's website at www.SunwestBank.com or call (800) 330-9890.

Forward-Looking Statements
This press release includes 'forward-looking' statements within the meaning of Section 27A of the Securities Act. All of the statements contained in this press release, other than statements of historical fact, should be considered forward-looking statements, including but not limited to, any statements which may concern (i) the Bank's strategies, objectives and plans for expansion of its operations, product and services, (ii) the Bank's beliefs and expectations regarding actions that may be taken by regulatory authorities having oversight of the Bank, and (iii) the Bank's beliefs and expectations of the future operating results. Such forward-looking statements may contain words or phrases including, but not limited, to: "believe," "expect," "intend," "anticipate," "estimate," "target," "plans," "may fluctuate," "may result in," "are projected," "may increase," and variations of those words and similar expressions. Although the Bank believes the expectation reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. All subsequent written and oral forward-looking statements by or attributable to the Bank or persons acting on its behalf are expressly qualified in their entirety by this qualification. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and are not intended to give any assurance as to future results. The Bank undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Sunwest Bank Member FDIC, Equal Housing Lender.

This news release is available at the www.SunwestBank.com website for no charge.

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