Regal Financial In the News

REGAL MEDIA
NEWSROOM: www.regal-bank.com

FOR IMMEDIATE RELEASE

SEATTLE, 13 January 2004 – Jesse T. Tam, President & CEO of Regal Financial Bank is pleased to announce the addition of several key members to Regal’s growing team of bankers and financial professionals.

Ms. Barbara Kubesh has become the Manager of Regal’s new Financial Services division. Ms. Kubesh provides independent insurance and securities brokerage services that are tailored to meet clients’ needs.

Mr. James Beckman is a veteran commercial lending officer with experience throughout Washington State. Mr. Beckman joins the Regal Team as Vice President, Senior Relationship Officer.

Mr. Morgan Collins has joined the bank as Regal’s Asset Based Lending Officer, specializing in cash flow management for small and medium sized businesses.

Ms. Connie Yenne comes to Regal Financial Bank as Controller. Ms. Yenne has extensive experience in all facets of community banking, most recently providing IT and financial consulting to numerous banks throughout the area.

Regal Financial Bank is also pleased to announce that Ms. Jennifer Wahlsten has been elevated to the position of Assistant Vice President, Executive Administration.

Regal Financial Bank is a community bank located in the heart of downtown Seattle’s Financial District. Regal has seen significant growth, attaining year-end profitability after being in business less than two years. The Bank’s success comes in providing long-term banking relationships to small and mid-sized businesses, business owners, and professionals. Regal offers its clients, both local and international, a full range of business and personal banking services, and also assists with other financial needs such as investments and insurance. Regal Financial Bank is a Washington State chartered community bank with FDIC approval and is located in the new IDX Tower in downtown Seattle’s Financial District and on the web at www.regal-bank.com.