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DEPPING JOINS MAIN STREET NATIONAL BANK (Originally reported in Leasing News in early November and then confirmed on October 29 th : http://www.leasingnews.org/Conscious-Top%20Stories/Depping_is_back.htm Ironically this appeared in Leasing News on November 3,2000: “This appeared on the Yahoo UCP Stock Message Board from Thomas S.Depping, Houston, Texas. "If all of you guys like this company, then you should check out mine, Sierracities.com! We offer no communication to our investors, hopeless visions of B2B internet leasing, and poor management! YEEEEEEEHHHHAWWWWW! " P.S. Sierra Cities Stock at last check was almost $5.” KINGWOOD, TEXAS, – Main Street National Bank, Kingwood, Texas announced that an investor group led by Thomas Depping has made an investment of over $21 million in the Bank. Main Street will use these funds to capitalize its new equipment leasing division to provide funding to equipment leasing companies and lease brokers on a national basis. As a result of the transaction Depping was elected Chief Executive Officer and Chairman of the Board of Directors of the Bank. Depping has been active in the equipment leasing industry for over 22 years. In 1994 he founded publicly traded First Sierra Financial, Inc. which was acquired by American Express in 2001. Prior to 1994 he served as President of Sun America, Inc's equipment leasing subsidiary. Depping stated: “We are excited about the opportunity to serve the needs of the equipment finance industry. As part of a strong financial institution we are able to provide the industry with favorable pricing and prompt application approval”. Further, he said: “As we develop our national presence in the equipment leasing industry Main Street Bank will truly become ‘America's Small Business Bank.'” Main Street National Bank was formed in 1984 and currently serves the Texas market. For More Information Contact: Thomas Depping 281-360-6437
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