Press release content from Globe Newswire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Globe Newswire
Press release content from Globe Newswire. The AP news staff was not involved in its creation.

Oak Valley Community Bank Announces Commercial Banking Market Manager Promotions

May 14, 2018 GMT

OAKDALE, Calif., May 14, 2018 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ:OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division recently announced the promotions of Mike Petrucelli and Mike Garcia to Commercial Banking Market Manager. Petrucelli will oversee commercial lending activity and business development in the greater Tracy/Manteca area. Garcia will do the same for the greater Modesto/Turlock area.

Petrucelli has been with the bank since 2012 and has over 30 years of banking experience. In that time, he has served as VP Commercial Loan Officer and has been a pivotal part of the bank’s commercial loan growth initiatives. “The strength of the relationships Mike has built over the years is a testament to how hard he works for his clients,” commented Gary Stephens, SVP Senior Lending Officer. He is a longtime member and current President of the Tracy Lions Club. Petrucelli was also recognized as the “Most Active” SBA 504 Lending Partner by Success Capital Expansion and Development Corporation in 2017.

Garcia, VP Commercial Loan Officer, has been with the bank since 2014 and has over 15 years of banking experience. “From the beginning, Mike has been incredibly active in the community, finding ways to turn community contacts into mutually beneficial business opportunities,” Stephens added. “Garcia has served on various boards and has been an energetic member of many organizations including; Modesto Rotary, Modesto Chamber of Commerce, Del Rio County Club, the Boys & Girls Club of Stanislaus County, the Central Valley Family Business Center and past President of the Spring Creek Golf & Country Club.”

“Since joining the Oak Valley team, Petrucelli and Garcia have made significant contributions toward the growth of the bank. They exemplify what we strive for at Oak Valley – relationship development which establishes a lasting bond between the client, the lender, and the bank,” stated Chris Courtney, President and CEO.

Oak Valley Bancorp operates Oak Valley Community Bank & Eastern Sierra Community Bank, through which it offers a variety of loan and deposit products to individuals and small businesses. They currently operate through 16 conveniently located branches: Oakdale, Turlock, Stockton, Patterson, Ripon, Escalon, Manteca, Tracy, two branches in Sonora, three branches in Modesto, a loan production office in Downtown Sacramento, and three branches in their Eastern Sierra division, which includes Bridgeport, Mammoth Lakes and Bishop.

For more information, call 1-866-844-7500 or visit www.ovcb.com.

Contact: Chris Courtney/Rick McCarty Phone: (209) 848-2265 www.ovcb.com