Summary of CAPSOURCE FINANCIAL INC

Item 5.02 Departure of Directors or Certain Officers, Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On October 13, 2008, CapSource Financial, Inc. (the "Company") terminated John Ramos as its Chief Financial Officer ("CFO") as part of an expense reduction program that included the reduction of holding company executive salaries by 25%. Further salary reductions will be considered should business conditions fail to improve.

(c) The duties of Chief Financial Officer will be assumed by Mr. Alejandro Sanchez. Mr. Sanchez has served as Chief Financial Officer for the Company's Mexican subsidiaries, REMEX and RESALTA, since January 2004. Before that time he was Financial Director for NCH de Mexico, a multinational company based in Irving, Texas that makes industrial chemicals, for five years, and previously he held a financial management position with Banco Nacional de Mexico (Banamex). He will receive a salary of $130,000.00 pesos per month, and will be eligible for bonuses from the same bonus pool as the Company's other executive officers. There are no familial relationships between Mr. Sanchez and any other officer or director of our Company. There are no transactions in which Mr. Sanchez has an interest requiring disclosure under Item 404(a) of Regulation S-K.

(e) The Company entered into a Confidential Separation Agreement and General Release with Mr. Ramos dated October 13, 2008, which provides for payment of Mr. Ramos' salary through November 30, 2008 and a general release of claims. Such agreement is attached as Exhibit 10.1 and incorporated herein by reference.