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"Credit infers 2009 baseball all star game unions are bodybuilding workout informs looking for innovative solutions now more than ever," saidDavid Frankil, president of NAFCU Services. "It should come as no surprisethat the winning solutions all address pressing needs for both credit unionsand their members."NAFCU Services Corporation is a wholly owned subsidiary of the NationalAssociation of Federal Credit Unions (NAFCU). "Involuntary unemployment is one of themost significant causes for loan delinquency right now. Credit unions thatoffer Payment Assurance can keep loans out of the collection queue and bettermanage lending risk in this challenging economy."The Innovation Award recognizes excellence in providing products and servicesfor credit unions and enhancing their ability to compete in a crowdedfinancial services marketplace.The winners were selected by the NAFCUServices Advisory Committee, which is composed exclusively of credit unionexecutives from across the country, representing credit unions of all sizes.

As a non-contributory program, Payment Assurance allows afinancial institution to cover all or select loan portfolios at no charge tothe borrower."Payment Assurance provides a competitive marketing advantage by attractingmore loans, reducing loan delinquency and protecting borrowers across multipleloan types," said John Gibbons, managing director of Securian's financialinstitution sales and marketing unit 2009 baseball all star game tickets . ThePayment Assurance debt protection product cancels or suspends aborrower's loan payment for up to six months per occurrence of involuntaryunemployment boxing workout . ST chest workout . PAUL, Minn., July 17 /PRNewswire/ -- Securian Financial Group, theexclusive NAFCU Services Corporation "Preferred Partner" for credit insuranceand debt protection programs, received a 2009 Innovation Award from the creditunion group for designing the Payment Assurance product exercise and fitness .

Nothing contained herein constitutesan offer to sell or the solicitation of an offer to buy the Company'ssecurities.-0-CONTACT:OptimumBank Holdings, Inc.Richard L Browdy, PresidentAlbert J Finch, Chairman of the Board(954) 776-2332 ab workouts . Factors that could causefuture results and performance to vary materially from current managementexpectations include, but are not limited to, general economic conditions, warand terrorism, changes in interest rates, deposit flows, loan demand, realestate values and competition; the issuance or redemption of additional companyequity or debt; changes in accounting principles, policies or guidelines,changes in legislation or regulation; and other economic, competitive,governmental, regulatory and technological facts affecting the Company'soperations, pricing, products and services exercise ball . The Bankalso offers internet banking services through its "OptiNet" internet bankingwebsite, located at OptimumBank Holdings, Inc exercise dvd . logo is available at http:// press release may contain certain forward-looking statements, which arebased on management's expectations regarding factors that may impact theCompany's earnings and performance in future periods exercise equipment .

However, ourstrong capital base will help us get through this difficult time." The Company'sapproximate capital ratios at June 30, 2009 were as follows: Tier 1 Leverageratio of 9.76%, Tier 1 Risk-Based ratio of 14.5%, and Total Risk-Based Capitalratio of 15.31%, well in excess of the required ratios of 5%, 6% and 10%,respectively, to be categorized as a "well-capitalized" institution under theregulatory guidelines.Through its executive offices and three bank branches in Broward County,Florida, the Company offers real estate lending and retail banking products toindividuals and businesses in Broward, Dade and Palm Beach Counties abs workout . President, Richard Browdy, said, "Wehave had a long history of positive results, but economic times remain difficultand we are not immune to realizing losses in this environment exercise fitness workout . The Company's net loan portfolio decreased to$159.2 million at June 30, 2009 from $161.5 million at June 30, 2008 bodybuilding workout . TheCompany's securities portfolio increased to $94.7 million at June 30, 2009compared to $78.4 million at June 30, 2008 boxing workout .

Excluding the loss on theNaples loan, operating results for both the quarterly and six-month periodsended June 30, 2009 would have been positive Mr baseball all star game . Finch also noted, "We willcontinue to increase loan loss reserves due to the continued weakness in thenational and local real estate markets."The Company's assets as of June 30, 2009 increased to $284.0 million compared to$251.9 million at June 30, 2008 chest workout . He also noted, "We are disappointed in our results, but in thisdifficult economy, we must take a pro-active approach to selling non-performingloans."The Company's net loss for the second quarter ended June 30, 2009 was $736,061or $.24 per basic share compared to net income of $388,797 or $.12 per basicshare for the prior year quarter ended June 30, 2008 exercise and fitness . Chairman of the Board, Albert Finch, said, "The net loss for thesix-month period was caused by an after tax loss of $1.0 million from the saleof one non-performing loan on a high-end residential property located in Naples,Florida . DistrictCourt for the Southern District of New York (Manhattan). (Reporting by Grant McCool; Editing by Tim Dobbyn and GeraldE McCormick). FORT LAUDERDALE, Fla., July 17, 2009 (GLOBE NEWSWIRE) -- OptimumBank Holdings,Inc.