Business NewsMarketWire • San Diego Private Bank Announces Formation of New Holding Company and Receipt of Industry Recognition

San Diego Private Bank Announces Formation of New Holding Company and Receipt of Industry Recognition

San Diego Private Bank Announces Formation of New Holding Company and Receipt of Industry Recognition

CORONADO, CA--(Marketwired - Sep 30, 2015) - San Diego Private Bank (OTCQB: SDPB) shareholders voted today to form a new bank holding company. The new holding company, Private Bancorp of America, Inc. (PBOA) will mirror the SDPB ownership and management. The Directors and Management Team of SDPB will be the same for the Bank and The Holding Company.

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