PRESS RELEASES

July 3, 2006
BANK OF THE SAN JUANS ANNOUNCES THREE NEW HIRES

Bank of the San Juans has hired Cathy Wilson as a Customer Service Representative and Susie Kuhnert as an Administrative Assistant for Durango, as well as hired David Musser as Vice President, Loan Officer in Pagosa Springs.

Cathy Wilson, who has eighteen years of banking experience, will be a Customer Service Representative in the Downtown Durango branch. Wilson is a native of the area, graduated from the Sawyer School of Business, and is an active Durango Chamber Diplomat.

Susie Kuhnert, who recently moved to the area from Scottsdale, AZ, will be an Administrative Assistant in the Downtown Durango branch. Kuhnert has worked in the financial services industry for over twenty years.

David Musser has worked as a credit officer and vice president, commercial services relationship manager at F&M Trust in Chambersburg, PA. for the last ten years. He was an active participant in many volunteer organizations including Healthy Communities Partnership of Franklin County, Chambersburg Young Professionals, Lions Club, United Way, and Leadership Franklin County. Musser received a B.S. double major in Economics and Political Science from the University of South Dakota and an M.B.A .at the Graduate School of Business at the University of South Dakota and completed an intensive bank-management course at the Central Atlantic School of Banking.

Bank of the San Juans is located at 144 East 8th Street and 1710 North Main Avenue in Durango and 305 Hot Springs Blvd. in Pagosa Springs.

Bank of the San Juans is a community-owned bank specializing in customer service since September 1998. The bank differentiates itself by consistently providing customized personal attention to the individual and strives daily to make a positive impact on people's lives.

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