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Mohave State Bank Appoints Carolyn M. Bruce

LAKE HAVASU CITY, Ariz., Aug 13, 2009 (GlobeNewswire via COMTEX) -- By Staff

Company: State Bank Corp (SBAZ)

Mohave State Bank ("Bank"), a subsidiary of State Bank Corp. (OTCBB:SBAZ) ("Company"), today announced the appointment of Carolyn M. Bruce to serve as a member of its Lake Havasu City Community Board. After a successful home health care career in Illinois, Ms. Bruce moved to Lake Havasu City in 1994 to establish Xanadu Management, a real estate management firm. Today, Ms. Bruce manages over 50 residential properties through her various companies.

Ms. Bruce holds a Bachelors of Science in Education from Indiana University and a Masters in Health Care Administration from Central Michigan University.

"We are delighted to welcome Carolyn Bruce to the Lake Havasu Community Board. Carolyn has been a passionate advocate for both Mohave State Bank and the City of Lake Havasu. Her leadership within the community is an example for us all," stated Brian M. Riley, Chief Executive Officer.

Over the past 15 years, Ms. Bruce has been active in the local business community holding several leadership positions in Lake Havasu. Currently, Ms. Bruce serves as Vice Chairman of the Lake Havasu Convention and Visitors Bureau, Secretary of Havasu Foundation for Higher Education and Treasurer of Lake Havasu City Referrals Club. Ms. Bruce served on the Lake Havasu City Council from 2003 to 2004.

The Lake Havasu City Community Board is an advisory group of business professionals who serve as ambassadors for Mohave State Bank within the community and provide insights to help the Bank better serve customers within the local market.

About the Company

State Bank Corp., headquartered in Lake Havasu City, Arizona, is the parent company of Mohave State Bank, the largest locally-owned bank in Mohave County. Mohave State Bank is a full-service bank providing deposit and loan products, and convenient on-line banking to individuals, businesses and professionals. The Bank was established in October 1991, and the holding company was formed in 2004. The Bank has six full-service branches: two in Lake Havasu City, two in Kingman, one in Bullhead City, and one in Yuma, Arizona. The Company is traded over-the-counter as SBAZ. For further information, please visit the web site: www.mohavestbank.com.

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

SOURCE: State Bank Corp. 

Mohave State Bank
Brian M. Riley, Chief Executive Officer
Brad D. Payne, President
(928) 855-0000

Copyright (C) 2009 GlobeNewswire. All rights reserved

News Provided by COMTEX

Company: State Bank Corp (SBAZ)


Related terms: arizona, bank, banking, business, career, ceo, community, education, foundation, health, illinois, indiana, market, products, real estate, residential, science, university

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