North Dallas Bank Launches New Mortgage Division DALLAS, June 1 /PRNewswire-FirstCall/ -- North Dallas Bank & Trust Co. (OTC:NODB) (BULLETIN BOARD: NODB) announced the launch of a new Mortgage Division today. While some consider the recent refinance boom over and the current climate unsuitable for starting a mortgage Division, North Dallas Bank has done just that. Anticipating continued demand from the bank customers for these services, especially as a complement to the bank's construction lending activities, NDB has hired Jim Ludman as Senior Vice President to handle the operational demands of the new division. Ludman is a seasoned industry professional with over 40 years of lending experience on the Dallas area. "The launch of our Mortgage Division is an important addition to our business strategy, which continues to emphasize highly personalized financial relationships," said Mike Shipman, Chief Executive Officer for North Dallas Bank. "These types of products and services are an opportunity to create added value to our shareholders and strengthen long-term relationships with our customers." The bank plans to offer home mortgage financing, including fixed and adjustable rate products. North Dallas Bank & Trust Co., established in 1961, has more than $912 million in assets and is a locally owned bank with five banking centers in the Dallas area. Media Relations Contact Michael Linck Assistant Vice President (972) 716-7121 DATASOURCE: North Dallas Bank & Trust Co. CONTACT: Michael Linck, Assistant Vice President of North Dallas Bank & Trust Co., +1-972-716-7121, or Web site: http://www.ndbt.com/

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