News

Affinity Bank
FOR IMMEDIATE RELEASE
August 1, 2002

Affinity Bank Awards $47,500 to Non-Profit Corporations

Ventura, CA - In its ongoing commitment to support non-profit community groups providing affordable housing and related services to low/moderate income people, Affinity Bank contributed $47,500 funding to local organizations in July 2002.

Affinity Bank president and CEO, Michael R. McGuire, said, "Affinity Bank is pleased to be able to contribute to these organizations and assist them as they strive to provide important services to members of our communities who are in need. We greatly appreciate the efforts of those who give so much of their time and energy to helping people and we are proud to do our part."

Mr. McGuire said checks were delivered to representatives from Ventura County organizations including Operation Hope, Livingston Memorial Visiting Nurse Association, Assistance League of Ventura County and Westside Community Council.

Affinity Bank also delivered a check to the residential shelter program of A Safe Place in Oakland, California. A Safe Place, an Alameda County non-profit organization, provides battered woman and their children with transitional and support services to enable them to break the cycle of violence and regain a sense of self-esteem and personal power. A Safe Place also strives to create change in behavior and beliefs in an effort to end domestic violence.

Affinity Bank's community investment policy provides for a portion of the Bank's pre-tax earnings to be invested supporting affordable housing for low/moderate income people, providing economic development opportunities to its communities, and targeting community services for Special Needs Populations.

About Affinity Bank. Affinity Bank is headquartered in Ventura, California. The rapidly growing bank, which specializes in high-yield savings products as well as commercial, multifamily and residential real estate lending ,has branch offices in Irvine, San Francisco, Pacific Palisades and Ventura. Real estate loan offices are located in San Diego, Costa Mesa, Irvine, San Francisco, Ventura and Denver, Colorado.

To learn more about Affinity Bank, log onto www.affinitybank.com or call the home office toll free at 1-800-489-2194 between 6 A.M. and 6 P.M. Monday through Friday (PST).

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