This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

AltaPacific Bancorp Board Appoints Two New Directors

AltaPacific Bancorp (OTCBB: ABNK), the parent company of AltaPacific Bank, today announced that its Board of Directors unanimously approved the appointment of Frank Basirico and Gary W. Deems as new members of the Board of Directors of AltaPacific Bancorp and AltaPacific Bank.

Frank Basirico (age 59) joined the company in 2009 and has been serving as Executive Vice President, Mergers & Acquisitions for AltaPacific Bancorp and President, Southern California Region for AltaPacific Bank. Frank has over 36 years of experience in the financial services industry where he served in various executive positions. He is a resident of Southern California and will continue to focus on business acquisitions and expansion projects throughout the entire state of California.

Gary Deems (age 67) previously served as President and Chief Executive Officer and director of Mission Oaks Bancorp and Mission Oaks National Bank, which merged with AltaPacific on May 2, 2014. Following the merger, Gary was retained by AltaPacific Bank and is now serving as Riverside County Market President. Gary has over 40 years of experience in the financial services industry, having previously served as a director and Chairman of the Board of multiple institutions. Gary is a graduate of Cornell University and has a Master’s Degree from the University of Oregon.

“Frank Basirico has been a tremendous addition to our organization,” stated Tim Jorstad, Chairman of the Board of AltaPacific Bancorp. “His professional experience will continue to assist our company reach its strategic growth objectives.” Regarding the appointment of Gary Deems to the board, Chairman Jorstad stated, “Gary will further enhance our strength in the Southern California Region. Having previously served as a director and Chairman of the Board as well as President and Chief Executive Officer of other financial institutions certainly enhances the experience level and expertise of our Board and Executive Management Team.”

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7870 -13.6380 -0.30%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs