Press Release

Jeff Halverson Joins Solera National Bank as Vice President, Commercial Banking

Company Release - 11/17/2011 11:15 AM ET

LAKEWOOD, Colo., Nov. 17, 2011 (GLOBE NEWSWIRE) -- Solera National Bancorp, Inc.(OTCBB:SLRK), the holding company for Solera National Bank, today announced that Jeffrey B. Halverson has joined Solera National Bank as Vice President of Commercial Banking.

"We are delighted to welcome Jeff to Solera National Bank," said Doug Crichfield, President and Chief Executive Officer. "With over 17 years in commercial lending, he brings a wealth of financial experience and will be an outstanding addition to our growing team of commercial lending professionals. His high energy, leadership abilities, and proven expertise in team building and business development will be of great value to our institution as we continue to position ourselves for future success." 

Formerly with Safe Harbor, LLC in Milwaukee, Halverson served as Chief Operations Officer overseeing market development and commercial lending. He previously held several senior management positions with community commercial banks in Colorado, and PDS Financial Corporation. Halverson will be responsible for developing new business in the Denver Metro area and Colorado. 

"I am very happy to be joining Solera National Bank, and look forward to bringing the bank's committed customer service to businesses throughout the Denver Metro area and Colorado," said Halverson.

Halverson is active in the community and serves on several board positions for charitable organizations. After earning his graduate degree in business administration from Moorhead State University, Halverson enhanced his education with a series 7 insurance license.

About Solera National Bancorp, Inc. 

Solera National Bancorp, Inc. was incorporated in 2006 to organize and serve as the holding Company for Solera National Bank which opened for business on September 10, 2007. Solera National Bank is a traditional, community, commercial bank with a specialized focus serving the Hispanic market. Solera National Bank offers a full spectrum of commercial loans. It prides itself in delivering personalized customer service — welcoming, inclusive and respectful — combined with leading-edge banking capabilities. The Bank is also actively involved in the community in which it serves. For more information, visit http://www.solerabank.com.

CONTACT: SOLERA NATIONAL BANCORP, INC.DOUGLAS CRICHFIELD, PRESIDENT & CEO
         (303) 937-6429
         ROBERT J. FENTON, EVP & CFO
         (303) 202-0933
Source: Solera National Bancorp, Inc