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  PRESS and NEWS

Fremont Bank Expands To Southern California To Provide Residents With Needed Traditional Prime Residential Mortgage Lending
Financial industry veteran, Brad Seibel, to lead the Bank's Residential Lending Center

ALISO VIEJO, California - November 19, 2009 - Fremont Bank, a leading full-service community bank based in Northern California, today announced its expansion into Southern California to offer traditional prime residential mortgage lending, with a mix of retail, bank-to-bank and targeted wholesale lending services. On December 1st, Fremont Bank will open its Residential Lending Center in Aliso Viejo, led by financial industry veteran Brad Seibel.

“With multiple Southern California community banks vanishing or being acquired by larger intuitions, Fremont Bank fills a much needed void to provide residents with sound, traditional prime mortgage lending,” says Seibel, Director of Specialty Lending-Sales. “Our approach to serve our existing and new Southern California clients will be consistent with what has made Fremont Bank a successful community bank for more than 45 years—excellent service coupled with a commitment to the client to ensure their success.”

Brad Seibel comes to Fremont Bank with more than 25 years of banking and lending experience. Prior to joining the Bank, Seibel led numerous financial institutions throughout the West Coast, including his tenure as senior vice president at Chevy Chase Bank. At Chevy Chase Bank, he expanded the mortgage loan origination platform throughout the West Coast and established the Western Division wholesale operation and national correspondent program from inception. Seibel received his MBA from Pepperdine University and B.S. of Science/Economics from the University of Wisconsin.

“Expanding into Southern California is a natural and logical step for Fremont Bank, as there is a noticeable need for a proven, trusted community bank to provide sound residential mortgage lending support,” says Fremont Bank’s Vice President of Residential Lending, Gary De Luca. “We are also fortunate to have such a talented banking professional as Brad Seibel, who will lead our Specialty Lending Group in Southern California.”

About Fremont Bank
Fremont Bank (www.fremontbank.com) is the leading full-service community bank in Northern California. Founded in 1964, Fremont Bank is one of the oldest independent family owned and managed banks in the region and focuses on personalized service for individuals and businesses. It serves communities through 23 branches and seven additional ATMs throughout the Greater Bay Area. Exceptional client service is the cornerstone of Fremont Bank's business. Accommodation of customer needs in a friendly, personal atmosphere characterizes the Bank's culture.

 
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