PVB CEO Ben Tinkey Resumes Duties as Chief Lending Officer
August 05 2008 - 6:32PM
Marketwired
Pacific Valley Bank (OTCBB: PVBK) announced today that President
and Chief Executive Officer Ben Tinkey has resumed the duties of
Chief Loan Officer for the Bank as a part of his overall CEO
responsibilities.
In commenting on the change in management responsibility, Tinkey
said, "While we have had great success in the growth of the Bank
recently, we need to continue to deliver superior customer service
from our now larger organization, and this move will allow us to do
just that.
"The Bank embarked on an accelerated growth strategy in mid 2006
in reaction to changes in the local market at that time. In recent
months, there have been further changes in the financial industry,
and the Bank continues to make adjustments to react to these
changes. We are doing everything that we can to deliver the best
service possible to our customers and to maximize the value to our
shareholders."
About Pacific Valley Bank:
Pacific Valley Bank was formed in Salinas in 2004 by local
community and business leaders. The bank opened a second branch in
Salinas in mid-2006, a branch in King City in late 2006, a branch
in Hollister in early 2007 and a branch in downtown Monterey in the
summer of 2007. Most of the bank's shareholders live and work in
the areas served by the bank.
For further information contact: Ben Tinkey President, Pacific
Valley Bank (831) 422-5300 Or visit the Bank's web site at
www.pacificvalleybank.com
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