AccessBank Announces Agreement to Acquire the Matrix Capital Bank Branch in Sun City, Arizona
13 7월 2004 - 5:27AM
PR Newswire (US)
AccessBank Announces Agreement to Acquire the Matrix Capital Bank
Branch in Sun City, Arizona DENVER, July 12 /PRNewswire/ -- Access
Anytime BanCorp, Inc.'s (NASDAQ:AABC) wholly owned subsidiary
AccessBank and Matrix Bancorp, Inc.'s (NASDAQ:MTXC) wholly-owned
subsidiary Matrix Capital Bank today announced that AccessBank has
reached a definitive agreement to acquire the Sun City branch from
Matrix Capital Bank in Sun City, Arizona. The acquisition is
subject to regulatory approval and other customary conditions, and
is expected to be completed in about 90 days. Terms of the cash
transaction were not disclosed. Deposits of the Sun City branch to
be acquired totaled about $105 million and nominal loan balances
that would be transferred. The new branch will operate under the
name of AccessBank. Albuquerque- based Access Anytime BanCorp, Inc.
stock trades on the NASDAQ SmallCap tier under the symbol AABC and
Denver-based Matrix Bancorp, Inc. trades on the NASDAQ National
Market under the symbol MTXC. Statements contained in this news
release that are forward-looking are subject to various risks and
uncertainties. Such forward-looking statements are made pursuant to
the "safe-harbor" provisions of Private Securities Litigation
Reform Act of 1995 and are made based on management's current
expectations or beliefs as well as assumptions made by, and
information currently available to, management. A variety of
factors including changes in economic conditions in either
Company's market area, changes in policies or adverse decisions by
regulatory agencies, fluctuations in interest rates, demand for
loans in either Company's market area and competition could cause
actual results to differ materially from those anticipated in this
press release. Further discussion regarding the factors affecting
Access Anytime BanCorp, Inc. is contained in its Form 10-KSB and
Form 10-QSBs. DATASOURCE: Matrix Capital Bank CONTACT: N.R.
Corzine, Chairman/CEO of Access Anytime BanCorp, Inc.,
+1-505-299-0900; or Don Padgett, President/CEO of AcessBank,
+1-505-343-9310; or David W. Kloos, Chief Financial Officer of
Matrix Bancorp, Inc., +1-303-595-9898; or D. Mark Spencer,
President of Matrix Capital Bank, +1-720-956-6500
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