1st Century Bank Announces Expansion to San Fernando Valley

LOS ANGELES, Oct. 24, 2018 /PRNewswire/ -- 1st Century Bank, a division of MidFirst Bank, today announced the addition of Arpy Zakarian and Gil Mor as first vice presidents of its new San Fernando Valley office. Longtime 1st Century Executive Vice President Bonnie Rubin will manage the office and team. Zakarian and Mor bring more than 50 years of combined experience in helping clients in the San Fernando Valley market.

"Arpy and Gil are a talented team that will provide the personal attention to detail, experienced guidance, and extraordinary dedication to the Valley," said Jason P. DiNapoli, president and CEO of 1st Century Bank.

The San Fernando Valley location provides 1st Century the ability to serve clients who reside or have businesses in the Valley. Zakarian and Mor will leverage their expertise helping clients develop custom, personalized solutions to maximize their banking needs.

In 2016, 1st Century Bank merged with MidFirst Bank, one of the nation's largest privately held financial institutions. This combination of private ownership, a strong capital base, and local market focus and expertise, allows 1st Century Bank to provide greater scale and opportunity for its clientele. 1st Century Bank's exceptional service model provides flexible, local decision-making that has distinguished the bank in Los Angeles and contiguous markets.

With more than $15 billion in assets, Oklahoma City-based MidFirst Bank is one of the largest privately owned banks in the country. MidFirst Bank has banking centers in Oklahoma, Arizona, California, Colorado, and Texas, and provides commercial lending, wealth management, private banking and mortgage lending nationally.

SOURCE 1st Century Bank