BankIPO.com Client Receives Permission to Organize, Concurrent FDIC Approval

“BankIPO.com announced today that its de novo client, Solera National Bank In Organization, received permission to organize from the Office of the Comptroller of the Currency OCC on March 19th, 2007. The Organizers are now approved to formally organize their federally chartered bank, which will be headquartered at 319 S. Sheridan Boulevard in Lakewood. Additionally, Solera National Bank IO received preliminary approval from the FDIC for federal deposit insurance on March 22nd, 2007.

According to Paul M. Ferguson, President & CEO, “The Solera National Bank IO Organizers, Board of Directors and employees are very pleased we have been granted permission to formally organize as a national bank. Our company will remain true to its founding corporate core values of exceeding customer expectation, fostering employee commitment and satisfaction, investing in our community and delivering value to our shareholder”

James Perez Foster, Founder & Chairman of Solera National Bank (IO) said, “We are excited to have our conditional approvals and are thankful for the wide-reaching community support we have received through this process. As a traditional community bank, our goal will be to meet the diverse financial needs of Colorado’s expanding markets. We will operate the bank in a safe and sound manner, with the objective of delivering exceptional, consultative service to our clients.”

Solera National Bank (IO) will be a traditional community bank owned by the community it serves. The Organizers intend to deliver high-quality, personal service to individuals, professionals and business clients in the Denver Metropolitan area, with a specialized focus on the Hispanic business and consumer markets. Their goal is to provide outstanding quality service while striving to meet the financial needs of the community through a full line of commercial and consumer banking services.

The organizing group, which numbers twenty-four individuals includes:

Mrs. Norma Akers, Retired from Lucent Technologies;

Mr. Rob L. Alvarado, Executive Vice President of Palo Alto, Inc;

Mrs. Maria G. Arias, Vice President of Operations at Comcast Cable-West Division;

Mr. Phil Champagne, Director of Public Information and Community Service for the Denver Fire Department;

Mr. Tony Costa, Chairman and CEO of Empire State Bank;

Mr. Doug Crichfield, Principal of The Crichfield Group;

Mr. Bob Fenton, co-founder, EVP, Chief Financial Officer / Chief Operating Officer of Solera National Bank (IO);

Mr. Paul M. Ferguson, President and CEO of Solera National Bank (IO);

Mr. James Perez Foster, Founder and Chairman of the Board of Solera National Bank (IO);

Mr. Robert Gallegos, Principal with The Gallegos Corporation;

Mr. Steve Gutterman, Managing Director of MBH Enterprises, Inc;

Mrs. Christine Johnson, Ph.D., President of the Community College of Denver;

Ms. Marta Loachamin, Broker Associate with Century 21 Humpal, Inc.;

Mr. Mark Martinez, Regional President and Senior Lending Officer of Solera National Bank (IO);

Mr. Ron Montoya, CEO of Plasticomm Industries and Vice Chairman of Solera National Bank (IO);

Mr. Ray Nash, CPA - Former Chief Financial Officer of Vectra Bank;

Mr. James A. Perea, President of RAC Transport Co, Inc.;

Mr. Jamie Propp, Managing Partner of Sang A. Inc, and President of As Is Entertainment, Inc.;

Mr. Joel Rosenstein, Partner with Senn, Visciano, Kirschenbaum, PC;

Mr. Basil Sabbah, CEO of Sabbro LLC;

Mr. Stan Sena, President of Snap! Staffing Services;

Mr. Mark Smith, Former Regional President of US Bank Colorado;

Mr. Larry Trujillo, Chief of Department of the Denver Fire Department;

Mr. K.C. Veio, Chairman of Klein, Alvarado, Veio, PC.

Bank President & CEO, Paul M. Ferguson said construction on the main office is nearing completion.

The 6,200 square-foot facility, located on the south-west corner of Alameda Avenue and Sheridan Boulevard, will be home to fourteen employees at bank open.

For more information about Solera National Bank (IO), or to inquire about their upcoming offering, please visit www.bankipo.com. Investments into Solera National Bancorp, Inc. (proposed Holding Company for Solera National Bank (IO)) can be made only by obtaining a printed copy of the Offering Circular by contacting the Bank or its representatives, or downloading the offering Circular and following the investment guidelines stated therein. “

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