IFC Irwin Financial Corp

Veteran Northern Nevada Banker Prescott to Lead Expansion Efforts RENO, Nev., Oct. 16 /PRNewswire-FirstCall/ -- Irwin Union Bank, F.S.B. announces the expansion of its operations in northern Nevada with the opening of a new location in the Reno/Sparks metropolitan area. The full-service Irwin Union Bank office, to be led by long-time northern Nevada banker Jack Prescott, is located at 5496 Reno Corporate Drive in Reno and is expected to begin operations this fall. The convenient location is in the heart of a growing and vibrant area of Reno and offers easy access for retail and commercial clients. (Photo: http://www.newscom.com/cgi-bin/prnh/20061016/DEM033 ) "We are very fortunate to have Jack Prescott leading our expansion efforts in Reno. His experience in commercial and retail banking and vast knowledge of the Reno market are a tremendous asset as we expand our operations in northern Nevada," said Brad Kime, President of Irwin Union Bank. Prescott has twenty years of banking experience in the Reno market. Most recently, he served as Regional President for U.S. Bank in northern Nevada and has held several leadership positions in retail and commercial banking with First Interstate Bank and Sierra Bank. Kime continues, "We anticipate that the new Reno location will build upon the strong results that we continue to achieve in our Carson City market." As an alternative to traditional banking, clients of Irwin Union Bank can expect local decision making and highly personalized service from experienced professionals with intimate knowledge of the Reno/Sparks community. As Market President Jack Prescott explains, "We intend to 'bring the Bank' to our business owners and professional clients with such tools as remote deposit capture and courier services. If we can save our clients time by eliminating trips to the Bank, they will be able to focus more of their attention on running their businesses." By opening a new office, Irwin Union Bank, a financial institution with roots tracing back 135 years, is making a significant investment in the Reno/Sparks community. "We believe our strategy of delivering highly personalized financial services to consumers, business owners and professionals will pave the way for the Bank's growth in the region," explains Prescott. About Irwin Union Bank Irwin Union Bank and Trust Company and Irwin Union Bank, F.S.B. (http://www.irwinunion.com/ ) are wholly owned subsidiaries of Irwin Financial Corporation (NYSE:IFC) which is headquartered in Columbus, Indiana. Irwin Union Bank and Trust Company was founded in 1871, and today operates locally- managed banks in Indiana, Michigan, Utah, and Nevada. Irwin Union Bank, F.S.B. operates locally-managed banks in Arizona, Missouri, Nevada, Wisconsin, Kentucky, and California. Both companies specialize in providing a broad array of personalized financial services for the owner-operated business, entrepreneurial and professional markets. About Irwin Financial Irwin(R) Financial Corporation (http://www.irwinfinancial.com/ ) is a bank holding company with a history tracing to 1871. The Corporation, through its principal lines of business, provides a broad range of financial services to consumers and small businesses in selected markets in the United States and Canada. http://www.newscom.com/cgi-bin/prnh/20061016/DEM033 DATASOURCE: Irwin Union Bank, F.S.B. CONTACT: Jack Prescott, Market President, Reno, +1-775-229-3865, or Patrick Dolan, Communications, +1-317-237-1596, both of Irwin Union Bank, F.S.B. Web site: http://www.irwinfinancial.com/ http://www.irwinunion.com/

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