September 04, 2014: 07:57 PM ET
LOS ANGELES, Sept. 4, 2014 (GLOBE NEWSWIRE) -- 1st Century Bank, N.A. (the "Bank"), a wholly-owned subsidiary of 1st Century Bancshares, Inc. (Nasdaq:FCTY), today announced the expansion of its relationship management team with the addition of Neil McTiernan as Vice President, Relationship Manager.
"We are in a fortunate position to continue to invest in our organization as part of our efforts to gain market share," said Jason P. DiNapoli, Chief Executive Officer of the Bank. "Mr. McTiernan is a perfect fit to the 1st Century Bank Team. His banking expertise will allow us to strengthen our reach in the business communities of West Los Angeles."
Mr. McTiernan, a native of Culver City, has over ten years of experience in the financial services industry with an extensive background in commercial banking in the Southern California market. Most recently, Mr. McTiernan was a Business Development Officer responsible for developing new commercial relationships with various closely-held businesses in the San Fernando to Ventura County areas, with sales of up to $100 million and lending needs of up to $20 million per client. As Vice President, Relationship Manager of the Bank, Mr. McTiernan will be focused on catering to the commercial needs of middle-market companies and developing creative banking solutions for high net worth individuals.
About 1st Century Bancshares, Inc.
1st Century Bancshares, Inc. is a publicly owned company traded on the NASDAQ Capital Market under the symbol "FCTY." The Company's wholly-owned subsidiary, 1st Century Bank, N.A., is headquartered in the Century City area of Los Angeles, with a full service business bank in Century City, CA, and a relationship office in Santa Monica, CA. The Bank's primary focus is serving the specific banking needs of entrepreneurs, professionals and small businesses with the personal service of a traditional community bank, while offering the technologies of a big money center bank. The Company maintains a website at www.1cbank.com. By including the foregoing website address link, the Company does not intend to and shall not be deemed to incorporate by reference any material contained therein.
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