BankIPO.com Client - Solera National Bank IO Nears Completion of Capital Raise Campaign

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Posted on: July 17th, 2007
Filed Under: [ Business ] [ Hispanic News ] [ Press Releases ]

“BankIPO.com announced today that its de novo client, Solera National Bank (In Organization), has reached 75% of its minimum capital requirement as prescribed by the offering circular, up 25% from their capital position three weeks ago.

Paul Ferguson, President and CEO stated, “The entire Solera organization continues to be very pleased by our progress towards raising our capital and I expect that the momentum we have achieved over the past several weeks will continue. We look forward to opening the Bank and providing outstanding customer service to all consumers and businesses in the Denver metro area.”

James Perez Foster, Chairman, “We are proud to be so close to realizing this dream. Solera National Bank (IO) will focus on long-term financial relationships with a full-service palette of commercial and consumer products and services. Our emphasis will be on the community, and integrating its resources to the diverse clientele we will aim to serve.”

Solera National Bank (IO) received permission to organize from the Office of the Comptroller of the Currency (OCC) on March 19, 2007. The bank, with its headquarters at 319 S. Sheridan Boulevard in Lakewood, will deliver high-quality, personal service to individuals, professionals and business clients, with a specialized focus on the Hispanic community.

For more information about Solera National Bank (IO) or to inquire about their ongoing offering, please visit www.bankipo.com and www.SoleraBank.com for more information. Investments into Solera National Bank (IO) can only be made by obtaining a printed copy of the Offering Circular, either by contacting the bank or its representatives, or downloading it from this site and following the investment guidelines stated therein. For purposes of making an investment, a Subscription Agreement must also be completed and can be obtained from bank personnel at 303-202-0935. Solera National Bank (IO) reserves the right to refuse investments they feel would remove control of the bank from the hands of the community it is chartered in.”

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