Nicholas Ceto Reelected to Quantum National Bank Board of Directors; Reelection Marks Third Year...

SAN ANTONIO -- Ceto and Associates, a national consulting firm providing revenue enhancement solutions for the financial industry, announced at the ICBA National Convention, that Nicholas Ceto, president and founder of Ceto and Associates, was reelected by Quantum National Bank to serve a third

Ceto, who joined Quantum's board in 2002, brings more than thirty years of expertise in the banking industry to Quantum's eight-member board. In addition to being a member of the board, Ceto retains his appointment as chairman of the asset liability committee (ALCO) and member of the audit committee.

Quantum has a highly qualified board of directors, with significant experience in the legal, accounting and banking industries. Ceto increases the board's depth of banking knowledge, providing Quantum with a valuable perspective on industry related issues, such as profitability, technology and business design processes.

Prior to founding Ceto and Associates, Ceto was the national partner-in-charge of revenue enhancement consulting practice for banks at KPMG Peat Marwick and the national partner-in-charge of bank consulting services at Deloitte & Touche. Ceto's experience encompasses multiple aspects of banking. He provided consulting services to the Federal Reserve System on numerous occasions for check collection and regulation issues, including Regulations D and CC. He was a partner on a competitive engagement act for the President's National Commission on Electronic Transfer Funds System (NCEFT) and a member of the President's "Commission on Banking Productivity."

"My reelection to the Quantum board of directors gives me the opportunity to have a direct, positive impact on the bank," said Nicholas Ceto, founder and president of Ceto and Associates. "Quantum is committed to serving the needs of the community in a sound and professional manner, and as a member of the board, we are dedicated toward helping Quantum continue to reach that goal."

About Ceto and Associates

Founded in 1994 as a national consulting firm in the financial industry and headquartered in Atlanta, Ceto and Associates specializes in developing solutions to provide financial institutions the ability to increase profitability through the implementation of revenue enhancement programs. Ceto and Associates places their client's needs in the forefront and designs solutions tailored to their culture, goals and objectives. Ceto and Associates has earned the trust and improved annual revenues of more than 700 financial institutions across 50 states. For more information about Ceto and Associates visit their Web site at www.cetoandassociates.com