Manufacturers Bank Announces the Opening of a New Branch Office in Glendale, California

LOS ANGELES--(BUSINESS WIRE)--Over fifty years ago Manufacturers Bank opened its doors to customers, serving the growing population in the city of Los Angeles, California. Today, the bank announces it is growing and expanding to accommodate the needs of our community and local business owners in the Tri-Cities community.

Open for business commencing February 11, 2013, our new branch, located at 520 N Brand Blvd., Glendale, CA 91203-4700 will enable the bank to provide its customers with superior customer service through Expert MB Bankers. It is the bank's vision to be a premier business bank in California that provides the expertise of a “big” bank with the “personal touch” of a smaller bank. Please join Manufacturers Bank for the Open House and Ribbon Cutting Celebration at the new Glendale location on March 27, 2013 from 11:00 AM to 2:00 PM.

A message from Manufacturers Bank Chairman and CEO:

Mitsugu Serizawa, Chairman and CEO, said: "We are excited with our recent purchase of a full service branch in Glendale. We are committed to be part of the Glendale Tri-Cities community, to be able to service our fellow neighbors and help the local business community to grow as we have done for over 50 years in Southern California. Our goal is to earn your business. We look forward to building a relationship with you for years to come as we have with our loyal customers. Additionally, we are looking forward to being a part of this exciting community by welcoming you at our new branch location.”

A message from Manufacturers Bank Glendale Office Vice President and Manager:

Leslie A. Lyons, Branch Manager and Vice President, said: “It is my pleasure to welcome you to the new Glendale office of Manufacturers Bank, serving the Tri-Cities community. Manufacturers Bank has been a leading financial institution in Los Angeles since its founding over fifty years ago. Our Glendale branch joins our ten other full service branches located in California – nine located throughout Southern California and one in Northern California.

“As a business banker, it has been my privilege to serve members of the Glendale community for the past eighteen years and I am excited to continue my banking career serving you in the new Glendale Branch of Manufacturers Bank. I look forward to providing you with superior financial products and customer service that will help open doors that others can’t.”

About Manufacturers Bank

Manufacturers Bank, a California commercial bank with total assets of $2.2 billion, is a wholly owned subsidiary of Sumitomo Mitsui Banking Corporation (SMBC), which in turn is a wholly owned subsidiary of Sumitomo Mitsui Financial Group (SMFG).

Established in 1962, Manufacturers Bank has been operating mainly in southern California consistently delivering tailored financial solutions that enhance the economic well-being of its middle market customers.

Manufacturers Bank is headquartered in Los Angeles and operates from branch offices in Downtown Los Angeles, Glendale, Little Tokyo, Beverly Hills, Encino, Warner Center, San Jose, City of Industry, Torrance, Newport Beach, and Ontario.

Bauer Financial Inc., an independent bank rating company has awarded its highest depository rating, Superior 5 Star, to Manufacturers Bank.

Member FDIC.

All statements in this release, except for historical fact, should be considered forward looking, including statements about the Bank’s plans, goals, and future expectations for growth. Such statements are subject to changes in the economic, legal and regulatory environment, changes in product delivery and technology that may affect the Bank’s operations and continued evolution in the financial services industry.