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Press Release

Presidio Bank Hires East Bay Market President

Company Release - 1/8/2015 4:25 PM ET

SAN FRANCISCO--(BUSINESS WIRE)-- Presidio Bank (OTCBB:PDOB), a Bay Area business bank, today announced that it has hired Richard Tong as Executive Vice President and East Bay Market President.

Richard Tong, Presidio Bank Executive Vice President / East Bay Market President (Photo: Business Wi ...

Richard Tong, Presidio Bank Executive Vice President / East Bay Market President (Photo: Business Wire)

Mr. Tong has over three decades experience as a proven leader in the banking and finance industry. Most recently, he was Senior Vice President / Regional Banking Manager at City National Bank since 2002. While there, he was responsible for the success of 12 Bay Area offices located in San Francisco, Burlingame, Palo Alto, San Jose, Fremont, Oakland, Pleasanton, San Leandro and Walnut Creek. Prior to that, Mr. Tong worked for Citibank for 5 years as Senior Vice President and Commercial Markets Area Manager managing teams of commercial relationship managers and business development officers in the East Bay and Silicon Valley, with total team footing exceeding $1 billion.

Mr. Tong is active in the local community. Most notably, since 1997 he has been a volunteer and board member for Rebuilding Together Oakland, rehabilitating the homes of low-income elderly and disabled homeowners. He is also a volunteer for Guide Dogs for the Blind.

Mr. Tong earned a Bachelor of Arts Degree from the University of California, Berkeley.

“Richard is well-known in the East Bay community as an experienced banker. His leadership experience and market knowledge make him the perfect choice for running our East Bay market operations,” stated Steve Heitel, Presidio Bank President & Chief Executive Officer. “He embodies the Presidio Bank values of delivering exceptional, customized service and building relationships, all while giving back to the community.”

Mr. Tong said, “The communities throughout the East Bay are vibrant, diverse and poised for outstanding growth. As a longtime resident of the East Bay with family roots here for four generations, I’m very excited to be part of Presidio Bank team to support our neighbor businesses.”

Mr. Tong replaces Bryan Bredell, who relocated back to his home in Portland, Oregon to be with family.

About Presidio Bank

Presidio Bank provides business banking services to small- and mid-size businesses, including professional service firms, real estate developers and investors, and not-for-profit organizations, and to their owners who desire personalized, responsive service with access to local decision makers. Presidio Bank offers clients the resources of a large bank combined with the personalized services of a neighborhood bank. Presidio Bank is headquartered in San Francisco, California and currently operates five banking offices in San Francisco, Walnut Creek, San Rafael, San Mateo and Palo Alto. More information is available at Presidio Bank is a member of FDIC and an Equal Housing Lender.

Presidio Bank
Steve Heitel, 415-229-8428
President & CEO
Annette Gelinas, 415-229-8415
SVP/Marketing Director

Source: Presidio Bank