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New Resource Bank Expands into East Bay; Hires Winter Williams as VP, Regional Development Manager

SAN FRANCISCO, Aug. 28, 2017 (GLOBE NEWSWIRE) -- New Resource Bank (OTC Link LLC:NWBN) announced it has hired a new Regional Development Manager to expand the bank’s presence in the East Bay market.

Winter Williams has joined New Resource Bank as Vice President, Regional Development Manager. Williams brings a diverse set of skills and expertise in banking, sustainability and impact. Williams is an environmentalist with a passion for promoting social justice and sustainability with a degree in Ethnic Studies degree from UC Berkeley. She combines her passion with over 20 years of experience with business lending, retail banking, regulatory compliance and community development. She most recently managed the Bay Area Green Fund for Community Bank of the Bay and is currently a board member for The Flight Deck, credit committee member for Pacific Community Ventures, and advisor for both The Hidden Genius Project and East Bay Community Foundation.

“We are pleased with the breadth of experience Ms. Williams brings to the bank,” said Vince Siciliano, president and CEO of New Resource Bank. “I am confident that her skills and connections will be an asset to the bank as we continue to grow our impactful loans.”

New Resource Bank is a successful example of a different kind of bank that is committed to the triple bottom line of people, planet and prosperity. Through the types of companies the bank funds, New Resource Bank fights climate change, supports more sustainable food systems and better health, helps schools expand, sustains the vital work of nonprofits and grows socially and environmentally responsible small businesses that are providing living wage jobs. Banks have a major role to play in building a more sustainable economy as they have the power and capital to decide what projects and organizations receive financing. New Resource Bank is proud to use that power for good.

About New Resource Bank

New Resource Bank (https://www.newresourcebank.com/) is a triple-bottom-line bank serving values-driven businesses and nonprofits that are building a more sustainable world. We see money as an agent of positive social, environmental and economic change. We use banking to transform the economy into one that serves all people and the planet. We lend to organizations that benefit our communities and protect our planet by putting deposits to work for good.

This press release contains forward-looking statements such as statements about certain expectations and projections. Forward-looking statements are based on currently available information, are not guarantees of future performance and are subject to numerous risks and uncertainties. Such risks and uncertainties may include, but are not necessarily limited to, fluctuations in interest rates; fluctuations in asset prices, including real estate; inflation; changes in laws or government regulations or policies; general economic conditions, including the real estate market in California; the adequacy of the bank’s allowance for loan losses; and other factors beyond the bank’s control. Such risks and uncertainties could cause results for subsequent interim periods or for entire years to differ materially from those indicated. Readers should not place undue reliance on forward-looking statements, which reflect management’s view only as of the date of this press release. The bank undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.

Media contact: Vince Siciliano, President and CEO 415.995.8170 vsiciliano@newresourcebank.com

Source:New Resource Bank