ROBERT MCGILL NAMED PRESIDENT AND CEO OF NEIGHBORHOOD NATIONAL BANK
SAN DIEGO, CA — April 14, 2007 — Neighborhood National Bank (NNB) announced today that Bob McGill will become the financial institution’s interim president and CEO. After five years of service, Bob Adkins has stepped down to accept an exciting new career opportunity.
"Mr. Adkins has helped NNB further its mission to serve as San Diego’s only community development financial institution. He initiated many efforts that have proved beneficial to community banks and the San Diego region at large. He has done a great job for NNB and we wish him well on his future undertaking," stated Mark Riedy, Chairman of Neighborhood Bancorp, the holding company for Neighborhood National Bank.
Veteran San Diego banker Robert McGill will resume his position as bank head upon Adkins departure. As founder of the bank, McGill served as NNB’s president and CEO for 5 years prior to Adkins’ tenure. Still serving as Chairman of the Board, McGill will don yet another hat until a qualified candidate is selected.
"Under Adkins’ leadership, the bank reached an important milestone of $100 million in assets and has a strong staff with a record of sustained profitability,” said McGill. “We are indebted to Bob and look forward to a continued relationship with him."
About Neighborhood National Bank
Designated as the first Community Development Financial Institution (CDFI) in the nation to receive a national bank charter from the U.S. Department of Treasury, Neighborhood National Bank opened to the public in September 1997 to bring more financial services to San Diego’s under-served communities. As a CDFI, NNB’s commitment and aim is to rebuild and generate growth in underserved San Diego neighborhoods by providing commercial real estate loans, commercial business loans, consumer loans, lines of credit and other banking services— particularly services to businesses that are woman and minority-owned. NNB is a full-service bank with assets exceeding $100 million.
Neighborhood National Bank operates from three banking locations, one in San Diego, one in National City, and the newest location in East County. In addition, NNB maintains standalone ATM sites in Paradise Valley and Mission Hills. For more banking information, please call 619-789-4400 or visit: www.mynnb.com.
####
|