Recruited by Prime Trust Chief Executive Officer to develop a sound business plan and facilitate the Nevada Trust Charter application approval process. Recruited a high-profile key Director (Member) and received regulatory approval from the Commissioner, Nevada Financial Institution’s Division on January 28th, 2017. Prime Trust is the leading tech-driven trust company with a focus on private securities, bonds, cash, exchange traded funds, and real estate. It also provides escrow services, SPV alternative models, custody of accounts, and custom trust needs. Products and services will be offered to Nevada residents and accessible to other jurisdictions. The proposed operation will provide specific tech-driven trust services to the public with a soft launch and soon to be announced website and product launch. In addition, Prime Trust will prospectively fulfill an important role in connection with enabling certain small businesses access to capital.

Federal Reserve, FDIC Insured, State Chartered Bank publicly traded (LIBC); closely held by family ownership.Recruited to fix and redirect this 30 year old Bank with $235 million in assets and four branches. Addressed and resolved significant risks and deficiencies identified by the Federal Reserve Bank of San Francisco and the State of California Department of Business Oversight, Banking Division that were outlined in the public enforcement actions contained in the10/25/2011 Written Agreement. Challenged and resolved enforcement concerns by implementing an aggressive strategy to divest of the seriously under- and non-performing assets, reduce expenses, including a branch closure, all leading to a Bank-wide reorganization. • Improved loan portfolio quality by reducing the Bank’s capital-to-criticized-loan ratio to below 10% from more than 100%.• Increased net loans outstanding by 23% to $156.3MM from $127.5MM.• Redeployed the Bank’s excess liquidity to improve core profitability through expense reduction, a branch closure, increased new loan production, and improved net interest loan margins.• FRB-SF and CA-DBO Safety and Soundness October 25, 2011 enforcement orders were pubically terminated on April 25, 2014.

FDIC Insured, State Chartered denovo Bank, only locally owned minority designated bank; sold to Royal Business Bank, CA.Recruited to join Board of an underperforming, undercapitalized de novo Bank as an independent director with experience resolving regulatory enforcement orders. Appointed President and CEO two months later and tasked with leading an aggressive turnaround in the face of severe regulatory enforcement actions and national and local economic crisis. • Resolved regulatory liquidity, Bank management, high risk loans, and expense control concerns.• FDIC Consumer Compliance April 9, 2010 Consent Order terminated on November 10, 2010; upgrade to “Satisfactory”.• Unable to raise capital; led the sale and conversion to Royal Business Bank, a Calif. minority-owned bank, in July 2011.

Given the lengthy nature of the regulatory application process, I have provided consulting services to financial institutions and their boards over the past 20 years. Projects include:►Working with IEG Holdings in 2008-09 to obtain regulatory approvals to open a National Bank. Assisted in the development of business plan, financial projections, development of policies and procedures, sourcing of senior management and director candidates, and building third-party service provider relationships. Ended consulting relationship when primary investor decided to open a payday lending operation instead (Mr. Amazing Loans).►Elected to Board of Statewide Bank, LA, to help correct noted regulatory deficiencies; improve corporate governance, internal controls, and risk management policies and practices. -- Received FDIC and State regulatory examination ratings upgrade to Satisfactory. -- Assisted in the bank's reopening immediately after Hurricane Katrina and provided financial services to the area within three days despite finding that its Business Continuity Plan (BCP) was inadequate for the severity of the disaster. Following restoration of services, assisted management to develop, expand, and implement a new, more robust BCP.►Provided consulting services and served on boards at a number of financial institutions and industry associations, including Algiers Bancorp, Security National Master Holding Corporation, California Independent Bankers Association, CHELA, CyberLoan.com, and SN Servicing Corporation.

Holding company for both Fifth Street Bank (which it capitalized with $14.3MM) and Security State Savings Bank (a de novo ILC). Some overlap in positions due to scope and requirements of roles, including:►Supervise all start-up activities for Fifth Street Bank (ILC).►File the regulatory applications to open Security State Savings Bank in Las Vegas and serve as its President and CEO.►Serve as Executive Vice President of Capital Markets for holding company.

Supervised all start-up activities, including creation of a business plan and filing of regulatory applications for a State-chartered, FDIC-insured industrial loan company (ILC).CHALLENGES:►Launch a de novo Industrial Loan Company (ILC) shortly after the end of a six-month FDIC moratorium on new ILC charters.►Wind down operations after the investor decided to close in the face of economic uncertainties.RESULTS:►Received FDIC Board approval in March 2007 to open the bank less than three months after the end of the ILC moratorium.►Launched operations in May 2007 with full P&L responsibility and $14.2MM in capital.►Grew assets to $47MM within four months through the purchase and management of wholesale mortgages, commercial real estate loans, and capital market investment securities purchases.►Kept start-up efficiency ratios below 90% through tight expense controls and vendor cost optimization. ►Received Satisfactory ratings on three high-profile quarterly safety/soundness visitations. ►Retained board, management and staff throughout application, opening, plan implementation, and liquidation. ►Contained media, regulatory, operational, and consumer risks throughout voluntary liquidation and transition process. ►Received noteworthy regulatory praise for identifying and containing all identified risks including, no consumer losses or complaints, and no State or FDIC issues throughout voluntary closing process.

►Active Duty: July 1970 through October 1974.(Viet Nam Era Veteran)►U.S. Army Reserves: October 1974 through October 2007.

Wholly-owned subsidiary of FirstWeb Bancorp, a global virtual banking network. FDIC-insured, state-chartered ILC.CHALLENGES►Develop a strategic business plan focused on purchasing wholesale mortgage and commercial real estate loans and launch a de novo state-chartered ILC with $4 million in capital.RESULTS:►Attained monthly profitability within 13 months and sustained that profitability for 40 consecutive months through expense controls, timely loan acquisitions and loan sales.►Grew assets to $54MM within 13 months with market conditions that allowed the bank to turn over the loan assets four times in four and a half years. ►Received rare “Outstanding” public rating from FDIC on CRA and Consumer Compliance examinations.►Built and retained top-flight management team and recruited and retained board members from top financial institutions in the marketplace.►Sold bank to Stampede Capital LLC at a 1.5% premium to book value; sale closed September 31, 2004.

RESULTS:►Structured mortgage and commercial real estate-backed securities.►Worked with rating agencies and investment bankers to sell investment-grade tranches.

Formerly Consumer Finance Subsidiary of BankAmerica. Sold to Citigroup.CHALLENGE:►Initiate project to enhance competitive marketing positioning, increase cross-sell performance, reduce staffing requirements, and automate the entire consumer credit decision and documentation process. RESULTS:►Delivered $500,000 savings in research and project implementation costs.►Conducted cost/risk analysis for “buy versus build” and provided recommendations for project development, beta testing, and national deployment.

CHALLENGE: Lead a $125MM+ thrift through an aggressive turnaround, reorganization, and market repositioning during the savings and loan crisis and intense regulatory scrutiny.RESULTS:►Developed and implemented strategy to divest of under- and non-performing assets, restructure liabilities, and diversify funding sources.►Increased retail and wholesale mortgage loan production and improved SBA 504 and 7(a) loan originations to achieve inclusion in the Top 10 national program originators.►Sold mortgage servicing rights for significant premium.►Increased book value 23.5% through the sale of unguaranteed SBA loans (with an 18+% servicing premium).►Reduced staffing expense by 53% by downsizing 150-person staff and closing seven loan offices.►Added sufficient capital through organizational changes and asset sales to achieve regulatory examination upgrade to Satisfactory (June 1995), and position it for sale or change to a bank charter.Tracy Federal Bank's Board chose to sell the bank to a Colorado Bank Holding Company.

CHALLENGE: Expand and diversify Fannie Mae’s corporate customer base by developing programs that were focused on the credit union industry, community banks, and small-to-midsized savings and loans.RESULTS:►Improved active account ratio to 60.6% in 1992 from 50% in 1990. ►Led production of two national award-winning secondary mortgage market publications for credit unions and community banks.

CHALLENGE: Lead launch of Capital Markets fixed-income trading venture for a $12B diversified savings and loan holding company, identifying opportunities to structure and sell asset-based securities to mid-tier financial institutions.RESULTS: Sold securities tranches in $200MM Senior Leveraged Bond Obligation (LBO) debt portfolio and sold a $180MM Collateralized Bond Obligation (CBO).

►Vice President/Western Region Manager (1984-1986)►Division Executive -- Corporate Finance and Institutional Business Development (1986-1988)CHALLENGE: Launch nationwide Mortgage Finance business for Investment Banking division.RESULTS:►Increased secondary whole loan originations and mortgage-backed securities private placements by 350%.►Exceeded origination and profit goals by 200%+ in each of first three years.►Generated first-year fee income of $400,000 through the origination and sale of $30MM of home builder financed real estate loan assets.►Generated $5MM+ in fee income through the origination and closing of $500MM in asset-backed transactions.

Joined BoA's operations training program directly after graduation from UC-Davis. Went on active military service; U.S. Army in July 1970 and returned to BoA in October 1974, and was assigned to a Credit and Loan Officer training program.Held a variety of increasingly responsible positions including Regional Consumer Credit Administrator with responsibilities for $500MM+ mortgage, SBA,consumer direct and indirect dealer credit extensions, and consumer loan/lease/credit card portfolio across 120 branches in the Oakland, CA East-North Bay Region.