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Frank Mercardante

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Vibra Bank Reports Net Loss of $124,000 for the Year

Vibra Bank, the Chula Vista bank that hired a new chief executive last week, reported 2013 fourth quarter net income of $44,000, compared with $183,000 for the like quarter of 2012.

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Leadership Change Brings Mercardante to Vibra Bank

Vibra Bank, with a single office in Chula Vista and about $112 million in total assets, said goodbye to Scott Parker, the chief executive who spearheaded the bank’s founding in 2008, and hello to his replacement, longtime banking executive Frank Mercardante.

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Leadership Change Brings Frank Mercardante to Vibra Bank as New CEO

Vibra Bank, with a single office in Chula Vista and about $112 million in total assets, said goodbye to Scott Parker, the chief executive who spearheaded the bank’s founding in 2008, and hello to his replacement, longtime banking executive Frank Mercardante.

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