1st Global Financial Corp.'s (PINKSHEETS: FGBF) (XETRA: ZUM) wholly owned subsidiary 1st Federal Financial Corp. has added yet another large merchant account in the San Diego, California market potentially bringing an additional $700,000 to $900,000 in monthly credit card transactions.

This marks the fourth merchant account added in the past week (see press releases dated May 8, 2007 and May 14, 2007). Collectively, these newly added merchants could potentially add more than $25,000,000 per year in credit card transactions. It is also anticipated that more merchants will be added in the coming weeks to this Southern California Market.