PAOLA, Kan., June 6 /PRNewswire-FirstCall/ -- Team Financial, Inc. (the "Company", ) today announced that Jerry D. Wiesner resigned from the Board of Directors of the Company in order to devote more of his time to his work. Mr. Wiesner served as Chairman of the Audit Committee of the Board and also served on the Company's Nomination Committee and Executive Committee.
"Jerry has been a valuable member of our Board. He has done an outstanding job as Chairman of the Audit Committee for the Company, and was very influential in bringing the internal audit function in-house in order to better prepare ourselves for Sarbanes-Oxley. His contributions to all of the various committees that he served on have been greatly appreciated. While we are very disappointed to lose him, we understand his decision and wish him the best in the future," stated Robert J. Weatherbie, Chairman and Chief Executive Officer of the Company.
Team Financial, Inc. is a financial services company with $758 million in total assets. It operates in the Kansas City metropolitan area, southeastern Kansas, western Missouri, the Omaha, Nebraska metropolitan area, and in the Colorado Springs, Colorado metropolitan area. The Company offers a full range of consumer and corporate banking services, including small business loans, mortgage loans, trust services, and investment and brokerage services. For additional information on Team Financial, Inc., visit its web site at http://www.teamfinancialinc.com/ or call 913-294-9667.
This press release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995 that are subject to certain risks and uncertainties that could cause actual results to differ materially from historical income and those presently anticipated or projected. The Company cautions readers not to place undue reliance on any such forward looking statements, which speak only as of the date of this release. Such risks and uncertainties include those detailed in the Company's filings with the Securities and Exchange Commission, risks of adversely changing results of operations, risks related to the Company's expansion strategies, risks relating to loans and investments, including the effect of the change of the local economic conditions, risks associated with the adverse effects of the changes in interest rates, and competition for the Company's customers by other providers of financial services, all of which are difficult to predict and many of which are beyond the control of the Company.
