TORREY PINES BANK STAFF DECORATE UNITS IN BECKY’S HOUSE
Effort Raises Awareness for Transitional Housing
and Funds for Deserving Families
SAN DIEGO – October 11, 2007 — Torrey Pines Bank raised thousands of dollars in funds/furniture from staff and the local business community to fully decorate three of the 14 units within Becky’s House II—a new transitional housing community in San Diego, which opens today with a private Open House for YWCA dignitaries and donors. The YWCA of San Diego County is the non-profit organization that spearheaded the development of Becky’s House I & II.
Gary Cady, Chief Executive Officer for Torrey Pines Bank states, “We’ve created nurturing & loving home environments where families can thrive and begin to put their lives back together. Our project won’t change the world but we will definitely leave an indelible imprint in the lives of three San Diego families.”
The Bank’s Community Reinvestment efforts throughout 2007 support Transitional Housing. “There’s a definite desire for business leaders to act upon the county’s urgent need for transitional housing,” states Crystal Watkins, VP, Director of Marketing & Community Reinvestment for Torrey Pines Bank. “We partner with several housing groups, including Community Housing Works, Habitat for Humanity and LISC, whose missions vary but whose goals are the same—affordable and decent housing” Watkins continued.
Edith Glassey, Chief Development Officer for the YWCA of San Diego County said, "We are deeply grateful for the incredible efforts of the team at Torrey Pines Bank. They have pulled together creative resources from the community to decorate three apartment units and create a warm and welcoming home for the clients of Becky's House. Torrey Pines Bank is a model for corporate community involvement."
The business community responded to the Bank’s request with generous contributions including Artrageous!, whose principal owner, Barbara Markoff, donated all of the artwork, including custom framing; The Pidgeon Company donated living room furniture; IKEA donated products and gift cards; Sleep Train donated mattresses for six bedrooms; The La Jolla Golden Triangle Rotary, Seltzer Caplan McMahon Vitek Law Firm and Reno Contracting each donated cash; the artist, Wyland, donated an autographed lithograph; and Hold It Contemporary Home fully decorated the Bank’s third unit.
The Bank raised funds through daily internal opportunity drawings on their intranet site. Opportunity drawing items included autographed baseballs from San Diego Padres Adrian Gonzalez, Heath Bell, Josh Bard, and Chris Young; autographed memorabilia from the National Basketball Association Hall of Famer Bill Walton; and a Tony Gwynn game-worn autographed jersey. Additionally, the Bank raised funds by having Bank Executives enter a dunk tank at their annual employee summer picnic. Staffers had the opportunity to dunk their bosses and the entertainment netted over $1,100 in proceeds.
In addition to supplying the families with home furniture and accessories, the Bank has provided each family with a gift card to ensure they can meet unforeseen needs. The Bank’s commitment to the families is not just a one-time event. The Bank will continue to support these families throughout the remainder of the year to ensure they have a bountiful holiday season!
About Torrey Pines Bank
Torrey Pines Bank is a California-chartered commercial bank, providing commercial and financial services to small and middle market businesses, and personal banking services to proprietors, employees, executives and consumers desiring a personal banking relationship. Information about products and services offered by Torrey Pines Bank is available at: torreypinesbank.com.
About Western Alliance Bancorporation
Western Alliance Bancorporation is the parent company of Bank of Nevada, First Independent Bank of Nevada, Alliance Bank of Arizona, Torrey Pines Bank, Alta Alliance Bank, Miller/Russell & Associates, Premier Trust, and Western Alliance Leasing. These dynamic companies provide a broad array of banking, leasing, trust, investment, and mortgage services to clients in Nevada, Arizona and California. Staffed with experienced financial professionals, these organizations deliver a broader product array and larger credit capacity than community banks, yet are empowered to be more responsive to customers’ needs than larger institutions. Additional investor information can be accessed on the Investor Relations page of the company’s website, westernalliancebancorp.com.
On June 30, 2005 Western Alliance Bancorporation became a publicly held corporation traded on the New York Stock Exchange (NYSE: WAL).
