Commercial Capital Bancorp, Inc. (the "Company") (Nasdaq:CCBI), announced today that TIMCOR Exchange Corporation ("TIMCOR"), one of the Company's 1031 exchange accommodator subsidiaries, has named Diana Montejo as the Head of Hispanic Marketing for TIMCOR. Ms. Montejo, who is based in Miami, Florida, is a graduate of New Granada Military University and holds a BS in Economics with a minor in Statistics. In her three year tenure with TIMCOR, Ms. Montejo has held positions in marketing, customer service and presently is Regional Sales Manager. Most recently, Ms. Montejo has translated the TIMCOR website to serve Hispanic clients in the Unites States and has consistently grown TIMCOR's presence in the Hispanic market, a market that is key to TIMCOR's growth strategy. Diana Montejo can be contacted by phone 1-800-496-1031 (Spanish) or 1-866-350-1031 (English). TIMCOR is a "qualified intermediary," which facilitates tax-deferred exchanges pursuant to Section 1031 of the Internal Revenue Code. TIMCOR facilitates 1031 exchanges nationwide through its headquarters in Los Angeles, California, and offices in Chicago, Illinois, Houston, Texas and Miami, Florida. Commercial Capital Bancorp, Inc. is a diversified financial services company, with $5.2 billion of total assets, at September 30, 2005. The Company provides depository and lending products and services through 22 banking and 10 lending offices under the Commercial Capital Bank brand name, and provides 1031 exchange services to income property investors nationwide through its presence in 14 markets and 10 states under the TIMCOR Exchange Corporation and North American Exchange Company brand names. This press release may include forward-looking statements related to the Company's plans, beliefs and goals, which involve certain risks, and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such risks and uncertainties include, but are not limited to, the following factors: competitive pressure in the banking industry; changes in the interest rate environment; the health of the economy, either nationally or regionally; the deterioration of credit quality, which would cause an increase in the provision for possible loan and lease losses; changes in the regulatory environment; changes in business conditions, particularly in California real estate; volatility of rate sensitive deposits; asset/liability matching risks and liquidity risks; and changes in the securities markets. The Company undertakes no obligation to revise or publicly release any revision to these forward-looking statements.
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