PHOENIX, Nov. 22, 2017 /PRNewswire/ -- Metro Phoenix Bank (OTCPink: MPHX)("Bank") announced the addition of Eric J. Grubelich, CFA to its Board of Directors. Stephen P. Haggard, President and Chief Executive Officer stated that "Mr. Grubelich's significant banking and capital markets expertise will be a great asset for the Bank as we embark on our next chapter of growth."
Mr. Grubelich has 30 years of experience in the banking sector and is a Chartered Financial Analyst (CFA). As a professional bank investor, he specializes in the analysis and due diligence of regional and community banks. Most of his prior professional background focused on equity and debt bank research and sales for Keefe, Bruyette & Woods, Inc. He also served as a senior advisor to a financial sector investment fund (Highlander Bank Holdings, LLC). Mr. Grubelich received a Bachelor's of Science degree from Lehigh University's College of Business and Economics.
Metro Phoenix Bank has celebrated an important milestone, serving our business community for 10 years. Mr. Haggard commented that "we have championed through one of the most severe recessions in decades and never wavered from our mission of providing sincere customer service, practical market knowledge and entrepreneurial spirit, always striving to become Phoenix's premier provider of consistent, predictable and meaningful commercial bank services. Over the last decade, Metro Phoenix Bank has been a constant source of capital for small- to mid-sized businesses and real estate professionals."
Looking ahead, Mr. Haggard indicates that the Bank's next chapter will continue to include a heavy emphasis in commercial banking services, a dedicated HOA deposit platform, Treasury Management services, and SBA lending. The Bank continues to be a leader in Arizona small business lending and operates with the highest SBA designation known as the Preferred Lender Program (PLP).
About the Company
Metro Phoenix Bank (MPB), Inc., headquartered in Phoenix, Arizona, is a full-service community Bank that caters to small-to mid-sized businesses and real estate professionals. MPB offers deposit and loan product services as well as convenient on-line banking. The Bank was established in 2007 and operates out of a single corporate office. The company is traded over-the-counter as MPHX. For further information, please visit the website: www.metrophoenixbank.com.
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SOURCE Metro Phoenix Bank