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Seacoast Commerce Bank Announces Appointment of New Director


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© Business Wire 2008
2008-07-24 23:45:25 -

www.sccombank.com - Seacoast Commerce Bank (OTCBB:SCCB) today announced the appointed Lisa M. Betyar to the Bank's Board of Directors.

Ms. Betyar is a partner with the firm Lindsay & Brownell, LLP, Certified Public Accountants, which is a tax consulting and compliance practice founded in 1992. Prior to Lindsay & Brownell, Ms. Betyar was a Tax Consultant with Deloitte & Touche. Ms. Betyar received both her B.A. in Accounting and M.S in Taxation from the University of San Diego, and serves on several non-profit Boards of Directors including the Coastal Community Foundation, St. Germaine's Auxiliary, and Children's Hospital Trusts and Estate Committee.

"We are extremely fortunate to have someone with the expertise and background that Lisa possesses, join our

Board," commented Allan W. Arendsee, Seacoast's Chairman. "Her expertise in financial matters and her unique perspective on other issues will be a great asset to our institution as we grow," he concluded.

Seacoast Commerce Bank was founded in June of 2003 and operates out of its Main Office in Chula Vista. For more information on the bank please visit our website at www.sccombank.com or contact Richard M. Sanborn, President and Chief Executive Officer, at 619-409-5762.

Certain statements in this press release, including statements regarding the anticipated development and expansion of the Bank's business, and the intent, belief or current expectations of the Bank, its directors or its officers, are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such "forward-looking" statements. These risks and uncertainties include, but are not limited to, risks related to the local and national economy, the Bank's performance and regulatory matters.

Seacoast Commerce Bank
Richard M. Sanborn, President and Chief Executive Officer
619-409-5762
www.sccombank.com


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