Mutual of Omaha Bank to Open Its First San Diego Community Bank Friday

Omaha, Neb. – (May 26, 2010) Mutual of Omaha Bank will expand its California presence with the opening of its first full service community bank in San Diego on Friday, May 28, California State President Dan Stewart announced.

Strategically located at 3580 Carmel Mountain Road, the new location will be Mutual of Omaha Bank's first full service community bank in San Diego and will offer a comprehensive suite of banking products and services for individuals and businesses.

"Opening our first full service community bank in San Diego is a significant milestone in our strategy to expand Mutual of Omaha Bank's presence in California," Stewart said. "With a respected brand, strong capital base and experienced local leadership, we are well positioned to meet the banking needs of the community, its businesses, their owners and employees. Under the leadership of veteran San Diego banker Butch Dorian, I'm confident Mutual of Omaha Bank will become a true banking leader in San Diego."

As San Diego Market President, Dorian brings many years of local banking experience and will oversee a team of San Diego bankers offering a full suite of business and personal products and services customized to meet the credit, cash management and investment needs of San Diego customers.

"Because of our financial stability, we're in a unique position to offer banking solutions that our customers are looking for, including a wide range of mortgage and commercial lending services," Dorian said. "We're really looking forward to serving the San Diego community from this great new community bank."

Lobby hours at the new Carmel Mountain location will be from 9 a.m.-5 p.m. Monday through Friday. The location also will feature 24-hour ATM access. Customers may contact the new location at (858) 369-3100.

Mutual of Omaha Bank is a full-service bank providing financial solutions to individuals and businesses in communities across the United States. With more than $4 billion in assets, Mutual of Omaha Bank operates a network of full-service community banks in Arizona, California, Colorado, Florida, Nebraska, Nevada and Texas, and has loan production offices in Iowa and Kansas. It is a subsidiary of Mutual of Omaha, a 100-year-old insurance and financial services company ranked among the Fortune 500 with more than $22 billion in total assets and high ratings from leading ratings agencies. For more information about Mutual of Omaha Bank, visit www.mutualofomahabank.com.

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