Central Valley Community Bank Named as the Exceptional California Bank by The Findley Reports in the $600 Million to $1.2 Billion Category
| Source: Central Valley Community Bank
FRESNO, CA--(Marketwire - March 18, 2009) - Daniel J. Doyle, President and CEO of Central
Valley Community Bank (Bank), the sole subsidiary of Central Valley
Community Bancorp (Company) (NASDAQ : CVCY ), is pleased to announce the Bank
has been named as an exceptional bank based upon 2008 financial performance
by Gary Steven Findley (well-known financial analyst) in the March 2009
issue of The Findley Reports.
Each year, The Findley Reports provides special recognition to five
exceptional banks in California that have shown solid financial performance
and Central Valley Community Bank was honored in the category of "$600
Million to $1.2 Billion in Assets." The Findley Reports also noted that
the Bank will be recognized as a "Super Premier Performing" bank for 2008,
which is the highest of their three performance rankings.
"Central Valley Community Bank has been consistently recognized by The
Findley Reports over the years and we are pleased to honor their solid
performance in a very difficult and challenging environment during 2008.
We believe the Bank demonstrates consistency and strength in their
organization as well as integrity in the Board and management team, which
has helped them build a core banking franchise that should continue to
provide value for their shareholders and community," said Gary Steven
Findley, President and Editor of The Findley Reports Newsletter.
"To be named as the exceptional California bank in the $600 million to $1.2
billion size category during a challenging year in the financial industry
is a true honor and testament to the financial strength and security of our
Company. We believe this distinction helps prove the Company is
well-positioned to continue to build a solid banking institution and
weather the continued uncertainty of the economic environment," said Daniel
Doyle, President and CEO of Central Valley Community Bank and Central
Valley Community Bancorp.
Central Valley Community Bancorp trades on the NASDAQ stock exchange under
the symbol CVCY. Central Valley Community Bank, headquartered in Fresno,
California, was founded in 1979 and is the sole subsidiary of Central
Valley Community Bancorp. Central Valley Community Bank currently operates
15 offices in Clovis, Fresno, Kerman, Lodi, Madera, Oakhurst, Prather,
Sacramento, Stockton, Tracy, and a loan production office in Modesto,
California. Additionally, the Bank operates Commercial Real Estate
Lending, SBA Lending and Agribusiness Lending Departments. Investment
services are provided by Investment Centers of America and insurance
services are offered through Central Valley Community Insurance Services
LLC. Members of Central Valley Community Bancorp's and the Bank's Board of
Directors are: Daniel N. Cunningham (Chairman), Sidney B. Cox, Edwin S.
Darden, Jr., Daniel J. Doyle, Steven D. McDonald, Louis McMurray, William
S. Smittcamp, Joseph B. Weirick, and Wanda L. Rogers (Director Emeritus).
More information about Central Valley Community Bancorp and Central Valley
Community Bank can be found at www.cvcb.com
Note: Visit Central Valley Community Bank's News Room at www.cvcb.com for
the access to the complete March 2009 issue of The Findley Reports
Newsletter.