New Resource Bank appoints SVP to lead asset-based lending group

San Francisco — New Resource Bank (OTCBB: NWBN) has appointed Peter M. Pliska Jr. senior vice president in charge of the Asset-Based Lending Group. He is responsible for managing the bank’s new asset-based lending program and enhancing the bank’s ability to serve customers with loan opportunities.

Pliska has focused on asset-based lending (ABL) services for most of his career, which spans more than four decades and includes senior positions at a variety of institutions. During 25 years with Fleet Capital Corp., he served as senior vice president and regional vice president, and co-managed the $500 million regional ABL office.

“Peter’s long and deep asset-based lending expertise fills a real need for us,” said New Resource Bank President and CEO Vince Siciliano. “He understands lending to young companies and those that need asset-based financing, and will be able to lead our entire staff as we provide services to the sustainable companies that are our core customer base and help them grow.”

Most recently, Pliska was vice president/senior underwriting officer with Merrill Lynch Global Bank Group, and he has held senior positions at CIT Commercial Credit and CapitalSource. As senior vice president/ABL Group division manager at the Bank of Walnut Creek, Pliska turned around its Business Credit Division.

“This is a good fit for me,” said Pliska. “As a green bank, New Resource serves a great niche. Asset-based lending will allow us to better serve emerging-growth businesses, to provide new solutions within a historical discipline.”

About New Resource Bank
New Resource ( is a green community bank that aims to promote sustainable growth. The bank is a founding member of the Global Alliance for Banking on Values.


Media contact:
Vince Siciliano, President & CEO


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