Now Accepting Investment Subscriptions

May 27, 2009

Dear Prospective Investors:

Thank you for your interest in Paradise Valley National Bank (in organization). The entire Board of Directors, executive management team, and Advisory Board are excited about our opportunity to become Paradise Valley’s first community bank in over thirty years. We are dedicated to delivering services, products and solutions that exceed the expectations of our customers – individual, business and non-profit alike.

We are pleased to report that the Office of the Comptroller of the Currency has authorized us to commence our sale of stock. Stock subscriptions will be held in an independent escrow account until all conditions relative to opening – including capitalization of at least $15mm and receipt of an FDIC insurance certificate -- have been met. Individual investments of $10,000 to $1,490,000 are now being accepted.

Is now a good time to start a bank? We believe that today’s market presents unprecedented opportunities for community banks to prosper. The current economic crisis has rendered many banks unable or unwilling to serve their customers. We can serve them. We say it in jest, but it is very true: a recession is a terrible thing to waste. Now is absolutely the right time to start a bank!

In today’s economy, however, a bank needs more than to be in the right place at the right time. We encourage you to closely evaluate our invitation to become a bank owner. We believe that we have assembled the right board and the right management team, and have built the right business plan. This prospectus is the culmination of 18 months of strategic planning by our very dedicated Board of Directors. We truly believe we have it right – in all respects.

As with any investment of this nature, it is important that you read the prospectus. Bank ownership is not the same as a deposit in the bank and is not FDIC insured. It does, however, offer a potential for appreciation and, equally important, gives you an opportunity to invest in your local community. We look forward to welcoming you as an investor, customer and depositor.

If you would like to receive a copy of the prospectus or have a member of the bank contact you, please click the “Contact Us” button on this website. You should also feel free to call us. Gary and Michael can be reached at 480-994-9400 and 480-941-6141, respectively. Both can also be reached by email at ghickel@pvbankaz.com and mkotin@pvbankaz.com.

Sincerely,

Gary W. Hickel
President and CEO

Michael Kotin
Chairman of the Board