SAN FRANCISCO, CA - September 17 2008 - New Resource Bank (OTC:NWBN.OB), an innovative bank that seeks to deliver a new standard of customer service while building sustainable resources, announced today that it has completed a second equity offering of 13.9 million dollars. The completed stock offering expands the Bank’s equity capital base by more than 75%.

"We are pleased with the support from new and existing investors. The additional capital will enable us to reach a next tier of growth," said Bank initial founder and vice chairman Peter Liu. New investors in the offering include leading institutions like the Climate Solutions Fund of Generation Investment Management, which was co-founded by former Vice President Al Gore and David Blood, the former CEO of Goldman Sachs Asset Management. Other new investors include community leaders like Bill Unger, Partner Emeritus of the Mayfield Fund and Joshua Mailman, a co-founder of Business for Social Responsibility and the Social Venture Network. They join a group of existing shareholders comprising business leaders, social entrepreneurs and institutions which also re-invested, including Bob Epstein, co-founder of Environmental Entrepreneurs, Mitch Kapor, founder of Lotus and co-founder of the Level Playing Field Institute and Triodos Bank, a leading ethical and sustainable bank in Europe.

"Our ability to add capital and new investors is a direct result of our differentiated focus on green businesses and projects; and on consumers who care more about the impact of their money," said Bank president and CEO Clay Jones. "This market focus is the key reason why we are able to become one of the fastest growing new banks." The Bank had $185 million in assets at the end of June, less than two years after its opening.

New Resource Bank is an FDIC insured institution which offers broad banking services to personal, business and non-profit clients. The Bank takes a highly customized approach to serving entrepreneurial clients and also develops new green lending solutions, such as its solar lending program, by tailoring traditional credit products.

About New Resource Bank

New Resource Bank is a commercial bank in San Francisco that is setting a new standard in customer service while financing efficient and sustainable resources in its community. The Bank was founded by leading environmental entrepreneurs, along with seasoned banking executives. For more information, please go to www.newresourcebank.com.