PFF Bank & Trust to Open Five New Branches

Inland Empire Business Journal, Jul 01, 2006

PFF Bancorp, Inc., the holding company for PFF Bank & Trust announced that the bank has signed lease agreements to open five new branches in the Inland Empire pending approval from the Office of Thrift Supervision (OTS).

Two of the new branches will be located in the High Desert region of San Bernardino County. The Hesperia branch, expected to open in spring '07, will be located at the comer of Main and Topaz Streets. Also slated to open in spring 2007, the Apple Valley branch will be located at the comer of Reata and Apple Valley Road.

The bank will open two new branches in Riverside County. The bank's second branch in the city of Riverside will be located at the comer of Van Buren Blvd. and Wood Road. The San Jacinto branch will be located at the corner of Romona Expressway and North State Street. The Riverside branch is expected to open in winter 2006/07 and the San Jacinto branch in autumn 2007.

Also planned for winter 2006/07 is a second branch facility in the city of Ontario, at the comer of Philadelphia Street and Grove Avenue.

President/CEO Kevin McCarthy commented, "We intend to further expand our branch footprint in the high growth areas of the Inland Empire where the levels of household and business formation provide us with tremendous opportunity to continue to grow both our loan and deposit frachises."