WOODLAND HILLS, CA, Jun 24 (MARKET WIRE) —
Carl W. Raggio, III President of Western Commercial Bank and WCB Holdings
Inc. (OTCBB: WCBH) resigned as CEO of the Bank and Holding Company,
effective June 22nd 2010. Mr. Raggio was a founding member of the
company, which opened in 2006. His leadership as CEO helped the bank to
grow to its present size with over one hundred million dollars in total
assets. The Board of Directors has begun the search process to find a
replacement.
Contact:
Tommy Woo
EVP & Chief Financial Officer
(818) 449-7700
WCB Holdings, Inc.
21550 Oxnard Street, Suite 100
Woodland Hills, CA 91367
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