Exhibit 99.1

Temecula Valley Bancorp Inc. Announces NASDAQ Listing

    TEMECULA, Calif.--(BUSINESS WIRE)--July 20, 2005--Temecula Valley
Bancorp Inc. (the "Company") (OTCBB:TMCV) has announced that the
Company's stock will be traded on The Nasdaq National Market beginning
Friday, July 29, 2005 under the symbol TMCV. The Company's stock will
continue to trade on the OTC Bulletin Board through the close of
trading on Thursday, July 28, 2005 under the symbol TMCV
    Our substantial prospective growth as well as our continuing
desire to maintain our position as an independent, publicly owned
company," stated Stephen H. Wacknitz, President/CEO, "will be aided by
the listing our stock on Nasdaq." Mr. Wacknitz continued, stating,
"this is a significant milestone in our Company's development and I
could not be more pleased with our progress and the efforts of
everyone at the Company in making this happen. We feel that moving to
The Nasdaq National Market will provide the Company better access to
capital markets and provide greater visibility and an expanded base of
potential investors for our stock, resulting in increased liquidity
for our shareholders."

    Temecula Valley Bank, the Company's principal subsidiary, was
established in 1996 and operates full service offices in Temecula,
Murrieta, Corona, Fallbrook, Escondido, Rancho Bernardo, El Cajon,
Indian Wells and Corona. The Company was established in June 2002 and
operates as a bank holding company for Temecula Valley Bank. As a
Preferred Lender (PLP) since 1998, the locally owned and operated bank
also has SBA loan production offices through out the United States.
The Bank's website is at www.temvalbank.com.

    Statements concerning future performance, developments or events
concerning expectations for growth and market forecasts, and any other
guidance on future periods, constitute forward-looking statements that
are subject to a number of risks and uncertainties. Actual results may
differ materially from stated expectations. Specific factors include,
but are not limited to, the effect of interest rate changes, the
ability to control costs and expenses, the impact of consolidation in
the banking industry, financial policies of the United States
government, and general economic conditions. Additional information on
these and other factors that could affect financial results are
included in its Securities and Exchange Commission filings which can
be accessed at www.sec.gov.

    CONTACT: Temecula Valley Bancorp Inc.
             Stephen H. Wacknitz, 951-694-9940