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Pacific City Financial Corporation Announces New Board Member

2015-07-01 18:28 ET - News Release


Company Website: https://www.paccity.net/
LOS ANGELES -- (Business Wire)

Pacific City Financial Corporation (the “Company”) (OTCBB: PFCF), the holding company of Pacific City Bank, today announced the appointment of Daniel Park to the company’s Board of Directors effective immediately. A Certified Public Accountant, Daniel Park, age 56, is a Partner of Choi, Kim & Park, LLP (“CKP”). Mr. Park has over 29 years of professional experience in both private and public companies including serving as a Director at Deloitte.

“Mr. Park is a highly regarded accounting professional in our community, and his broad knowledge and reputation in the Korean-American communities will benefit our institution,” said Kwang Jin Chung, Chairman of the Board. “We welcome Mr. Park to our Board and look forward to his valuable contributions as we continue to expand our business in our marketplace.”

Mr. Park is a member of American Institute of Certified Public Accountants (“AICPA”) and a member of California CPA Society. Mr. Park earned his B.A. in Economics/Business from University of California Los Angeles.

About Pacific City Financial Corporation

Headquartered in Los Angeles, California, Pacific City Financial Corporation is the parent company of Pacific City Bank, a full-service commercial bank with nine branch offices and six loan production offices in Lynwood and Bellevue, Washington; Chicago, Illinois; Annandale, Virginia;, Atlanta, Georgia; and Palisades Park, New Jersey. Pacific City Bank specializes in commercial banking for small to medium-size businesses by providing commercial real estate loans, small business loans and line of credit, trade finance loans, auto loans, residential mortgage loans, and SBA loans. Pacific City Bank serves a diverse customer base through its branches in the Greater Los Angeles Area and its Loan Production Offices in six States.

Safe Harbor Statement

This press release may contain forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from the projected, including descriptions of plans or objectives of its management for future operations, products or services, and forecasts of its revenues, earnings or other measures of economic performance. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” or words of similar meaning, or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.”

Contacts:

Pacific City Financial Corporation
Timothy Chang, 213-210-2000
Senior Vice President & Chief Financial Officer

Source: Pacific City Financial Corporation

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