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Choice Bank Opens New Branch in Phoenix

HENDERSON, Nev.--(BUSINESS WIRE)--Nov. 26, 2007--Silver State Bancorp (NASDAQ:SSBX), the holding company for Choice Bank, announced today the opening of Choice Bank's newest retail branch located at 980 E. Pecos Road in Chandler, a suburb of Phoenix, Ariz.

The new branch, which is located directly off the 202 Santan Freeway, will provide a full range of business and consumer banking services. Managed by branch manager Erich Nimsky, the branch will be supported by its new retail banking team as well as its Mesa residential loan production team.

"Choice Bank is committed to community banking as well as strategic expansion throughout the Phoenix area," said Michael Thorell, president of Choice Bank. "As we open a new branch in the growing community of Chandler, we are excited to integrate into this area as well as to serve our current and future customers at this new, convenient location."

This new branch opening marks the third retail branch for Choice Bank, which is a part of its plan for expansion in 2008.

About Choice Bank

Established in 2003, Arizona-based Choice Bank currently operates five locations with retail branches in Scottsdale, Chandler and Sun City West, AZ. Choice Bank offers the highest level of personal services with expertise in residential and commercial real estate lending, SBA loans, and cash management services. For more information on Choice Bank, call (480) 596-9100 or access www.choicebankaz.com.

About Silver State Bancorp

Silver State Bancorp, through its wholly-owned subsidiaries, Silver State Bank and Choice Bank, operates eleven full service branches in southern Nevada and two full service branches in the Phoenix/Scottsdale market area. Silver State Bank also operates loan production offices located in Nevada, California, Washington, Oregon, Utah, Colorado and Florida. Please visit www.silverstatebancorp.com for more information.

Forward-Looking Statements

This press release contains forward-looking statements. Terms such as "will," "should," "plan," "intend," "expect," "continue," "believe," "anticipate," "seek," and similar expressions are forward-looking in nature and reflect management's view only as the date hereof. Actual results and events could differ materially from those expressed or anticipated and are subject to a number of risks and uncertainties including but not limited to fluctuations in interest rates, asset quality, government regulations, economic conditions and competition in the geographic and business areas in which Silver State Bancorp conducts its operations. We undertake no obligation to review or update any forward-looking statements, whether as a result of new information, future events, or otherwise.

CONTACT: MassMedia
Maile Takashima, 702-433-4331
maile@massmediacc.com

SOURCE: Silver State Bancorp