River Valley Community Bank appoints Stephen F. Danna as Chairman of the Board of Directors

YUBA CITY, Calif., May 17, 2016 (GLOBE NEWSWIRE) -- River Valley Community Bank (OTC markets: RVVY) (the “Bank”) today announced the appointment of Stephen F. Danna as Chairman of the Board of Directors. Mr. Danna has served as a Director since the Bank’s founding in 2006 and succeeds Gurjeet (Gary) S. Thiara who has served as the Bank’s Chairman since 2006. Mr. Thiara will remain an active Director on the Board.

Mr. Danna commented, “I’d like to thank Gary for the commitment and leadership he has provided as the Board’s Chairman over the past ten years. During this period, the Bank has demonstrated significant growth during a challenging economic environment. Our Bank has a very strong Board of Directors, and I look forward to continuing the governance and support the Board provides to the Bank.”

Mr. Thiara added, “As I look back on my tenure as Chairman of the Board of River Valley Community Bank, I am pleased with the results of what was only an idea ten years ago. I am honored to be a part of a team that took an idea and grew it into a bank that has taken seriously its commitment to provide financial solutions to our community. The Bank’s success is a reflection of the dedication of all our shareholders, employees and customers. With Steve Danna beginning his service as Chairman of the Board, I am confident that our Bank will continue to be a strong and secure provider of financial solutions to the communities we serve.”

More information on the Bank’s Directors, including their individual biographies, can be located at: www.myrvcb.com

River Valley Community Bank is rated "5-Star Superior" by Bauer Financial and has an A+ rating from DepositAccounts.com. The Bank serves its customer base through its offices located at:

  • 1629 Colusa Avenue, Yuba City, CA
  • 426 Sutton Way, Grass Valley, CA

The Bank offers a full suite of competitive products, services, and banking technology. For more information please visit our website at: www.myrvcb.com or contact John M. Jelavich at 530-821-2469.

Forward Looking Statements: This document may contain comments and information that constitute forwardlooking statements. Forwardlooking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by such statements. Forwardlooking statements speak only as to the date they are made. The Bank does not undertake to update forwardlooking statements to reflect circumstances or events that occur after the date the forwardlooking statements are made.

Source:River Valley Community Bank