Solera National Bancorp, Inc. Announces the Resignation of John P. Carmichael from Board of Directors
October 10, 2014 at 01:10 am IST
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On October 3, 2014, John P. Carmichael notified Robert J. Fenton, President and Chief Executive Officer of Solera National Bancorp, Inc. that he was resigning from the board of directors of the company, effective as of that date. Mr. Carmichael did not serve on any committees of the board of directors of the company at the time of his resignation. Mr. Carmichael indicated that he was resigning as a result of disagreements with Mr. Fenton regarding operations of the company.
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. 
