"This is one-stop shopping," says Sun American Bank President Michael Golden. "Bringing CDARS to our bank allows us to satisfy customer demand for safety and convenience. In effect, a risk free investment, it is a new, smart option to help customers manage their money."

In 1980, Congress set FDIC coverage limits at $100,000 per account and just recently increased the coverage limits to $250,000. Inflation over the past 28 years has eroded approximately half the value of that coverage.

How does CDARS work? Through a sophisticated computer network, Sun American Bank places customer funds among other FDIC-insured banks, allowing customers to manage all their funds through one portfolio at Sun American Bank. Customers benefit from the ease of working with only one institution and receiving only one statement.

Sun American Bank has been serving the greater South Florida area for more than 15 years. We continually strive to bring our community innovative banking solutions. For more information, visit www.sunamericanbank.com or call (561) 544-1908.

The Sun American Bank logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3686

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Sun American Bank

Sun American Bank
          William Ross
          (561) 544-1908
          wross@sunamericanbank.com

"Dave Gilman is a widely respected and distinguished professional in the banking industry," said Elouise Cobell, Co-Chair of NABNA's Board of Directors. "His 50-plus years of banking experience and extensive knowledge make him the ideal candidate to lead Native American Bank. The Board is unanimous in its decision that Dave is the right person to provide sound leadership to build on NAB's core strengths and manage NAB through the current environment. Dave will also help NAB fulfill its mission of providing Native American and Alaskan Native individuals, corporations and governments the financial resources they need to reach economic sovereignty and self-determination."

Mr. Gilman is a career banking executive, having held the positions of President and/or Chief Executive Officer at four regional community banks in the metropolitan Denver and Minneapolis markets -- First National Bank of Colorado (Denver), Marine Bank (Bloomington), Fidelity Bank Northeast (Minneapolis), and Fidelity Bank (Minneapolis). Mr. Gilman has also served on the respective Boards of each entity. His career has also included senior positions in multi-billion dollar regional and interstate banks. During a 10-year stint at First National Bank of Colorado, Mr. Gilman developed and implemented a comprehensive strategic plan, instituted a business development and sales program, oversaw an almost 300 percent increase in the bank's assets, and upgraded lending, accounting and operational staff. While at Weststar Bank, Mr. Gilman served as Executive Vice President and Chief Credit Officer and developed a new asset/liability management program, improved loan underwriting, monitoring and collection, designed a loan profitability analysis system, and designed a formal officer calling program.

Mr. Gilman said, "I am honored to have the opportunity to lead Native American Bank. Clearly there are challenges ahead, but I am encouraged by the quality of NAB's employees, and their dedication to the bank's mission. NAB is an institution with great strengths and potential. With the leadership of our Board, our management team is taking decisive actions to face this challenging environment head-on and I am excited to have an opportunity to build on our past progress. I look forward to our ability to better serve the needs of Indian Country through growth, profitability and service."

About Native American Bank N.A.

Native American Bank N.A. is a nationally chartered $110 million asset bank, headquartered in Denver, Colorado. It serves its customers through a combination of 5 branches and customer service offices and 11 ATMs located in Colorado, Montana, Idaho, Alaska, and South Dakota. NABNA also offers its customers a variety of products through the internet. NABNA is proud to be designated as a Community Development Financial Institution (CDFI) focused on pooling Indian economic resources and increasing Indian economic independence by fostering a climate of self-determination in investment, job creation and sustainable economic growth. Founded in 2001, NABNA is a minority-owned bank with ownership representing 26 federally recognized American Indian tribes and Alaska Native corporations and villages.

For more information, please visit our website at www.nabna.com.

SOURCE: Native American Bank, N.A.

Native American Bank, N.A. 
Ms. Elouise Cobell, 406-338-2992 
Co-Chair 
or 
Shareholder Relations, 720-963-5517