Effective February 27th, Nancy K. Hughes and Philip D. Oberhansley were unanimously elected to serve on the Board of Directors for Commerce Bank of Temecula Valley.
Ms. Hughes is a real estate agent for Rancon Real Estate and a founding shareholder of the Bank. She has consistently been one of the top producing agents in the area and was the top agent for the company in 2011. Nancy has had the opportunity to assist her clients in the sale and purchase of over 1,000 properties. Her clients have included the developer of the Murrieta Springs Plaza on Madison Avenue in Murrieta, Centex Homes, Chevron, Temecula winery owners, Temecula Cemetery District and numerous investors and homeowners. Nancy and her husband, Gregg, have lived in Temecula since 1989. Gregg has served on the Bank’s Advisory Board Committee since its inception. Nancy’s extensive experience in local real estate markets and business relationships will bring added expertise and business development contacts to the Board.
Mr. Oberhansley is an attorney/partner of a full service law firm with offices on Old Town Temecula. He specializes in real estate law, land use planning and development, business and commercial law that includes corporate, partnership and business acquisitions and environmental and municipal law. Phil served on the Board of Directors of Fallbrook National Bank, which later became known as Community National Bank, until it was acquired by the holding company of Pacific Western National Bank. He served, at various times, on every committee including the Loan Committee, Audit Committee, Compensation Committee and the Technology Committee. Phil’s prior experience as a community bank board member will enhance the expertise on the existing board. In addition, his business relationships developed through his law practice will provide business development opportunities to help further grow the Bank.
“We are thrilled to welcome the new Board members to our Bank,” said Chairman of the Board, Jan Ahrendt. “They bring integrity and a wealth of knowledge of the communities we serve. We are proud that two individuals like Phil and Nancy agreed to join us in taking the Bank to a new level.”
Commerce Bank of Temecula Valley is a California State, FDIC insured bank, chartered in 2007. The Bank’s primary service area includes Murrieta, Temecula, Lake Elsinore, Wildomar, Menifee, Canyon Lake, Corona, Perris, Fallbrook, Hemet/San Jacinto, Winchester and surrounding unincorporated areas. CBTV customers include businesses, business owners and employees of businesses who need services tailored to meet their specific needs. The Bank is located at 25220 Hancock Ave., Suite 140, Murrieta, CA.