Valley Bancorp Names Two New Directors
22 Avril 2006 - 1:10AM
Business Wire
Mickael A. Flaa, CPA and Alvin R. Garraway, CPA have been appointed
as directors of Valley Bank and its holding company, Valley Bancorp
(NASDAQ:VLLY). Flaa, a resident of Las Vegas, is consultant and
currently the chief financial officer and a member of the board of
directors of Cardio Vascular BioTherapeutics Inc., the chief
financial officer of Phage Biotechnology Corp., the chief financial
officer of Cardio Phage International, and is a member of the board
of directors of Gestalt, LLC. Prior to this, Flaa was the chief
financial officer of Breakaway Solutions Inc., a member of the
board of directors of UniCapital Inc. and chief financial officer
and a member of the board of directors of Sunbelt Integrated Trade
Services Inc. He began his career with KMPG retiring as a partner
after 22 years with the firm. He is currently a member of the board
of directors for the Boulder Dam Area Council of Boy Scouts of
America and is a member of the Turnaround Management Association
and the American Institute of Certified Public Accountants.
Garraway, a licensed Certified Public Accountant, has been a
resident of Las Vegas since 1960. For 15 years he was an audit
partner with Laventhol and Horwath in Las Vegas. Garraway currently
owns and operates an accounting and consulting practice. He also
currently serves as the chief financial officer for two privately
owned companies that provide materials to the construction
industry. He also previously served as a vice president and
controller of Oasis Residential, a NYSE-listed real estate
investment trust. He is a member of the Nevada Society of CPAs and
the American Institute of Certified Public Accountants. It is
anticipated that both individuals will be appointed to the
company's audit committee. "We are fortunate to have these two
individuals with their long-time financial and business experience
in Southern Nevada join our board," said Tom Krob, chairman of the
board of directors. About Valley Bancorp Headquartered in Las
Vegas, Valley Bancorp is the holding company for Valley Bank, with
branches in Las Vegas, Henderson and Pahrump, Nev. This press
release includes forwarded looking statements relating to the
company's beliefs and goals. Forward-looking statements are subject
to a number of risks and uncertainties; including, but not limited
to, the company's inability to generate increased earning assets,
sustain credit losses, maintain adequate net interest margin,
control fluctuations in operating results, maintain liquidity to
fund assets, and retain key personnel. Additional risk factors that
could cause material differences are detailed from time to time in
the Valley Bancorp's reports and other filings made with the SEC,
certain of which are available on the company's Web site
www.valleybancorp.com.
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