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September 12, 2016
All of us at Professional Bank are deeply saddened by the sudden loss of Raul G. Valdes-Fauli. He was a kind and caring husband, father, son, friend and business executive who was well thought of within the community, and will be genuinely missed by all of us. His professional legacy is a prosperous bank with depth of leadership and superior credit quality, and under his guidance the Bank avoided many problems plagued by others resulting in a continuity of earnings and high ratings. This type of tragedy happens far too often to good people in the community and Professional Bank takes the wellbeing of its employees and families very seriously. Our thoughts and prayers are with Raul’s family, and during this time we ask everyone to do same and respect their privacy surrounding this event.
Effective immediately, the board of directors has appointed Abel Iglesias to President & CEO of the Bank to continue its operations in its usual manner, and while we are still continuing to learn the personal details surrounding the passing of our friend and colleague, we thank those clients, friends and industry colleagues that have reached out in support.
The Professional Bank Family
We are pleased to announce that Professional Bank has received the highest possible rating of 5 stars with Bauer Financial.
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