Tri Counties Bank Announces Appointment of New EVP--Retail Banking
May 02 2007 - 4:30PM
Business Wire
TriCo Bancshares (NASDAQ: TCBK) today announced that Mr. Daniel K.
Bailey has been appointed as the new Executive Vice President --
Retail Banking of its wholly owned subsidiary, Tri Counties Bank
(the "Bank"), effective May 22, 2007. Mr. Bailey will be
responsible for the oversight of the Bank's branch network. He will
work with the Bank's retail management team to review overall
operations; advise on policy questions, business development,
staffing requirements, performance appraisals and salary
administration; and perform other administrative matters. In
addition, Mr. Bailey will serve as part of TriCo Bancshares'
executive management team in the development of strategic planning.
Mr. Bailey had been with Wells Fargo Bank, NA since 1991, most
recently as senior vice president and regional initiatives manager
in the Sacramento office responsible for the small business and
licensed banking strategy for 120 retail branches in northern
California. He received a bachelor of science degree in business
administration from California State University, Chico, and is a
graduate of the Pacific Coast Banking School. "We are excited to
add Dan to our executive management team," said Richard Smith,
President and Chief Executive Officer of TriCo Bancshares. "With 17
years in the banking business, Dan is a very experienced banker
with knowledge of the northern California banking market." TriCo
Bancshares and Tri Counties Bank are headquartered in Chico,
California. Tri Counties Bank has a 31-year history in the banking
industry. Tri Counties Bank operates 32 traditional branch
locations and 22 in-store branch locations in 22 California
counties, and as of March 31, 2007, had over $1.9 billion in
assets. Tri Counties Bank offers financial services and provides a
diversified line of products and services to consumers and
businesses, which include demand, savings and time deposits,
consumer finance, online banking, mortgage lending, and commercial
banking throughout its market area. It operates a network of 62
ATMs and a 24-hour, seven days a week telephone customer service
center. Brokerage services are provided at the Bank's offices by
the Bank's association with Raymond James Financial, Inc. For
further information please visit the Tri Counties Bank web-site at
http://www.tricountiesbank.com.
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