Item 5.02 - Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers; Compensatory Arrangements of Certain
Officers.
On December 17, 2008, the Board of Directors of Temecula Valley Bancorp
Inc. ("Company") and Temecula Valley Bank" ("Bank"), took various action, as
more fully described in the attached exhibit, including: the appointment of a
new Chief Executive Officer and a new President for the Bank and the Company;
changes in compensation as a result of these appointments; the appointment of a
new Chairman of the Board for the Bank and the Company; and the appointment of
two new directors to both the Board of the Company and the Bank.
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