Solera National Bancorp, Inc. Announces Executive Changes
July 23, 2021 at 06:17 pm EDT
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On July 22, 2021, Solera National Bancorp, Inc. terminated the employment of Martin P. May as President. On July 22, 2021, Messrs. Philip J. Randell and Richard M. Thorne members of the Board of Directors of the Company indicated that they will not stand for reelection as directors of the Company upon the expiration of their terms at the Company's 2021 Annual Meeting of Shareholders to be held on September 16, 2021. Additionally, Mr. May resigned from the Board of Directors of the Company on July 22, 2021.
Solera National Bancorp, Inc. is the holding company for Solera National Bank (Bank). The Bank is a business-focused bank located in the Denver metropolitan area. The Bank serves the needs of emerging businesses and real estate investors. The Bank offers a range of commercial and consumer banking services. The Bank aggregates loans into five portfolio segments: commercial real estate, residential real estate, commercial and industrial, construction and land development, and consumer. The Bank's personal banking services include checking accounts, savings accounts, certificates of deposits (CDs), other products and services, certificate of deposit account registry service (CDARS) and others. The Bank's business banking services include checking accounts, savings accounts, business loans, CDs, remote deposit, CDARS, telephone banking, loans, treasury management and additional business services.
SOLERA NATIONAL BANCORP, INC. 
