August 2010             "Moving You Forward"

(619) 422-5300
topDear VIBRA family and friends,

Welcome to our latest edition of "VIBRA Buzz" developed to keep you connected to everything going on at VIBRA Bank: news about our services and products, upcoming events, your success stories, meet VIBRA's Team and the members of VIBRA Winners Circle!  You will also see how VIBRA Bank is working with the community and learn how you too can get involved.  Look for "VIBRA Buzz" every two months, and stay VIBRAntly connected!

VIBRA's Corner

Message from the CEO

Scott Parker

Dear Vibra Bank Friends,


This July VIBRA Bank celebrated its second anniversary.  Hard to believe, right?  These past two years have been very successful and I want to start by expressing my gratitude to everyone who has helped us achieve this success. 


VIBRA Bank's second anniversary is marked by growth.  As I write this, we are completing the reporting and accounting for the second quarter 2010, and we continue to show strong results and positive trends.  Recently, there has been a lot of media about credit being tight, but Vibra Bank is a community bank that is actively lending, and the results speak for themselves. 


As of June 30, 2010 our loan portfolio grew to about $50 million.  That is $50 million that has been put to work in our market, providing economic stimulus, creating jobs, and funding investments vital to the economy.   Virtually every dollar of deposits we manage is put back to work in the form of loans.  Not every bank can say that.  So if you are banking with Vibra Bank, you can tell people that your bank is not part of the problem, but part of the solution.


That brings me to our customers whom I wish to thank for choosing VIBRA Bank as their financial partner.  Many of them are achieving success and growth themselves, and it is a privilege to be part of that.


My appreciation also extends to our excellent and dedicated staff, and our committed Board of Directors, all of whom share the vision of Vibra Bank and contribute to the value of what we are building.    Finally, to our shareholders, who saw the potential of Vibra Bank before there was a VIBRA Bank, and who now are some of our strongest ambassadors in the community.


We will continue to work hard for all of our stakeholders, and we are excited about our future.  If you know someone who isn't enjoying their banking relationship, tell them about Vibra Bank...they'll thank you for it.


Scott Parker
VIBRA Team - Nizar Elie Dahdouh, VP Business Development Officer
Nizar Elie Dahdouh
Nizar Elie Dahdouh comes to Vibra Bank with more than 15 years of banking experience.  He joins our team after serving as VP Business Development Officer, first with Citi Capital for Southern California, and then with San Marcos-based Discovery Bank. 
Prior to graduating from college he joined "KPMG International" as senior auditor and consultant for the banking industry. Nizar earned his Masters of Business Administration in Finance from the University of Chicoutimi Quebec, Canada. 

Nizar was born in Lebanon and speaks four languages: English, Spanish, French and Lebanese.    He has a passion for business and keeps his connection to the financial community by being an active member of the French American Chamber of Commerce, The Asian Business Association, BNI International Networking and The Neighborhood Market Association. 
His primary focus at Vibra Bank is to help customers decide what products and services fit their needs best for business and personal financial success.  Nizar has extensive experience in the lending area in commercial & industrial loans, and SBA government guaranteed loans.
Nizar believes all lasting business is built on friendship.  On his free time he likes to play tennis, golf and racquetball and he is a Padres and Chargers fan!   

If you have questions about Vibra Bank's services and products, or are interested in making us your banking partner, please call or stop by the branch. Nizar is here to help you! 
You may contact him at (619) 957-7322 or via email at  ndahdouh@vibrabank.com 
Back to BUZZ Contents

Winners Circle

VIBRA Bank wants you to get to know our family!   Every month, we will showcase the stories of people in our bank community, the business community, and the community at large who are moving forward and making a difference.  We are a diverse group of customers, shareholders, colleagues and friends.  If you want to nominate someone to be featured in our Winners Circle, email us at VIBRAbuzz@VIBRAbank.com Get acquainted and find out how you too can be part of  VIBRA Bank Winners Circle.
VIBRA Customer Showcase- Josie Calderon
 JLC Consultant Services
Josie CalderonWith unemployment rates climbing into the double digits and the economy plummeting into an all time low, small business owner Josie Calderon, brainstormed on how she and other small businesses could weather the economic storm.  "The private sector work had come to a screeching halt and government contract opportunities were limited.  Always the optimist, I looked for the silver lining and to me that came in the form of stimulus federal infrastructure dollars earmarked for San Diego," says Calderon.


Calderon believes San Diegans did not fare well by an earlier stimulus package that bailed out large banks to the exclusion of the neighborhood banks that were helping sustain our small businesses.  So she saw the need to advocate for community banks.  She asked for legislative support so stimulus infrastructure funds could be allocated to create contract opportunities for small businesses.  Her efforts were fueled by the leadership of Congressman Bob Filner, who formed the 51st congressional small business roundtable that served to champion for small business.  This leadership has now mushroomed into a series of discussions and initiatives that promote technical assistance and contract opportunities for small and local businesses throughout all levels of government work. 


Josie logoAs President of the Mexican American Business and Professional Association she organizes and chairs monthly lunch programs that feature high profile speakers on issues important to the community.   She currently serves on the Statewide and District 11 Caltrans Small Business Council, Community Housing Works Board, Chula Vista Nature Center Board, the South County Economic Development Council Policy and Infrastructure Committees, 78th Assembly District Community Advisory Council, among others.  

You and your colleagues and friends can be part of VIBRA's Winners Circle too! Email us your "Winners Circle" nomination to VIBRAbuzz@VIBRAbank.com. Please make sure to include your name and contact information so we can reach you too.

VIBRA Community Corner

Giving Back, Getting Involved

Being a community bank is not something we say, it's something we do.  VIBRA Bank, its Board of Directors and its employees choose to serve our community in ways that go beyond the branch location.  In the past year, VIBRA Bank or a VIBRA Team individual acting on a personal level, have supported a number of organizations and events, not only monetarily but also with our time, as leaders and volunteers. Below are some examples of our latest involvement.

Bike to Work Day 2010

Bike To Work Day
Thank you for joining us on National Bike to Work Day!
Vibra Bank friends went "green" for their morning commute to work and school. Vibra Bank provided energizing drinks and snacks and contributed to our communities' environmental health.
Participants  Bike to Work Day Participants

VIBRA Bank supports the Non-Profit Finance Symposium hosted by the San Diego Treasurer-Tax Collector

Scott Parker and Dan McAlister
     Scott - nonprofit symposium
     Vibra Bank CEO Scott Parker &       
     Michael Conboy, Comerica Bank
Honorable Dan McAllister
Treasurer-Tax Collector
County of SD, Vibra Bank CEO
Scott Parker  
            Non-Profit executives receiving tips for financial success
Business Networking Corner

If you are a VIBRA customer and want to reach other VIBRA Bank clients, shareholders, colleagues and friends, join our Business Networking Corner.  In VIBRA Buzz e-newsletter each month we will select several VIBRA Bank customers and showcase their business and special promotions.  It's a great opportunity exclusively created for VIBRA Bank Clients to reach a new audience.   Email us at VIBRAbuzz@VIBRAbank.com  Make sure to include your contact information, the name of your business and one or two sentences describing your business.  And keep checking VIBRA Buzz for your feature!
Thank you for being part of a year of continuous growth and active lending!
BUZZ Contents
Message from the CEO
Winners Circle
VIBRA Community Corner


in the News


>> "Big jump in small-business loans"- Aug 17,
...the company obtained a $1.6 million loan through Vibra Bank to renovate a vacant home-furnishings store into a restaurant and bowling alley in the Eastlake Design District more
>> "Weak sales hurt loans to small businesses"- July 18,  CDC was able to persuade Vibra Bank of Chula Vista to give the pair a $150,000 SBA-guaranteed loan more 


Vibra Bank Celebrates
2 Years with a
2 Year CD Special
1.56 APY*

*Annual Percentage Yield (APY) advertised is valid as of 08/24/2010 and subject to change without notice and is not guaranteed until account is opened. A penalty may be charged for early CD withdrawal. CD will automatically renew at the interest rate and APY in effect for CD's of such term at the time.  Current rate applicable to initial term only. Minimum deposit $2,500. Rate restrictions may apply on balances over $250,000. Member FDIC


Permanent Increase of Deposit Insurance Coverage to $250,000
President Barack Obama signed a new law which permanently raises the current standard maximum deposit insurance amount to $250,000.

With this permanent increase of deposit insurance coverage to $250,000, depositors with CDs above $100,000,but below $250,000, will no longer have to worry about losing coverage on those CDs maturing beyond 2013.


The FDIC insurance coverage limit applies per depositor, per insured depository institution for each account ownership category.


If you have any questions about your insurance coverage please contact Vibra Bank at (619) 422-5300.


VIBRA Tips Banking "Green"
Practicing "green" habits can make a difference in helping protect the environment.  Vibra Bank supports "Going Green" by offering convenient ways to save energy.
Online banking allows you to monitor your accounts, transfer balances and pay your bills from the convenience of your home or office. You'll save time and gas money by not having to drive to a branch.
Bill Pay helps you pay your bills electronically - saving you the cost and waste of envelopes, checks and postage.
Direct Deposit is an environmentally friendly resource that not only gives you faster access to your funds, but saves paper by eliminating a written check.
E-statements  allow you to receive electronic statements instead of receiving paper statements, helping to "save a tree."  


Switching Made Easy!
If you think it's going to be a hassle and headache to switch from your current bank to VIBRA Bank, think again! We are making it easy for business owners to change their checking accounts and bill pay to our bank.  We do it all for you! 
Call us today at (619) 422-5300 or e-mail us at VIBRAbuzz@vibrabank.com and make an appointment for us to come to you.  We'll come to your place of business and get everything taken care of. How's that for easy?
Certain statements in this newsletter, including statements regarding the anticipated development and expansion of Vibra Bank's business, and the intent, belief or current expectations of Vibra 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, Vibra Bank's performance and implementation of its business plans, loan performance, interest rates, and regulatory matters.