Vibra Bank Earns Highest Possible Five Star Rating By Bauer Financial

CHULA VISTA, Calif., Nov. 1, 2011 /PRNewswire/ -- Vibra Bank ("VBBK"-OTCBB) is proud to announce that it was awarded the distinguished 5-Star Superior rating from Bauer Financial, Inc.

The 5-Star rating is the highest rating attainable from Bauer Financial, the nation's trusted independent bank rating firm for over a quarter of a century. The rating is based on the overall financial condition of the bank and indicates that, for strength and stability, Vibra Bank is considered among the safest banks in the nation and joins a select group of banks so honored.

"We are very pleased by the recent Bauer Financial rating, as it affirms the strength of the bank by an impartial third party," said Vibra Bank CEO Scott Parker.  "Many individuals, companies, and public agencies rely on ratings by firms such as Bauer Financial for guidance in making banking decisions," he added.  

Bauer Financial rates financial institutions based upon a complex formula factoring in current and historical data. The first level of evaluation is the capital level of the institution followed by other relevant data including, but not limited to, profitability, historical trends, loan delinquencies, repossessed assets, reserves, regulatory compliance, proposed regulations and asset quality.  

Vibra Bank offers customers throughout San Diego County a wide range of deposit services to meet their  needs, including online banking and remote deposit capture. Vibra Bank's lending is focused on loans to businesses, business owners, and professionals, with a full range of loan products.  The bank is also a Preferred Lender for SBA loans, and was one of the top ten SBA lenders in San Diego County during the last year.

For more information on Bauer Financial, visit www.bauerfinancial.com.

For more information on Vibra Bank visit www.vibrabank.com.  

Certain statements in this press release, 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.

Media Contact:
Scott Parker
619-651-9411
[email protected]

SOURCE Vibra Bank