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AlvaradoSmith is proud to announce that Managing Shareholder Ruben A. Smith has been appointed to the Board of Directors of Genesis Bank, a Minority Depository Institution (“MDI”). MDIs serve a vital role in promoting the economic viability of minority and under-served communities.

Stephen H. Gordon, Founding Chairman and Chief Executive Officer of Genesis Bank, stated, “I am deeply proud to welcome Ruben to our Board of Directors. His extensive and exemplary professional and community background and experience will be invaluable towards fulfilling his governance, oversight, risk management, fiduciary, and community impact roles and responsibilities.”

Mr. Gordon, added, “Over the years, Ruben has always been widely regarded as a prominent leader in the majority minority communities that we serve across Los Angeles, Orange, Riverside, and San Bernardino Counties, California, through his contribution of time and service to numerous non-profit organizations, in the areas of education, business development, and healthcare. As one of only two diverse, multiracial Minority Depository Institutions in the U.S., I am confident that Genesis Bank will greatly benefit from his veteran experience professionally, as well as his deep roots and connectivity in the community.”

Ruben A. Smith represents Fortune 100 corporations and public entity clients—including school districts and water districts—to develop creative and efficient solutions to meet their objectives. Clients rely on his advice and guidance to structure transactions and solve business and legal problems they encounter in a variety of real estate, redevelopment, transportation projects, affordable housing, water, school, and business and public dispute resolution strategies.

To read Genesis Bank’s full press release please click here.