Oak Valley Community Bank, a wholly owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), recently announced that Edward Vassallo has joined the Bank as Vice President, Commercial Credit Officer. He will be based out of the Bank’s Oakdale headquarters.
Vassallo has over 25 years of commercial banking experience. In his new role, he will be responsible for portfolio management as well as monitoring and maintaining credit quality within the commercial and small business portfolios.
Vassallo holds a Bachelor of Science degree with an emphasis in Finance and Accounting from the University of California, Berkeley. In his free time, he enjoys traveling, exercise, and physical fitness. He currently resides in Stockton.
“We are excited to have Edward join our Credit Administration team. He brings a wealth of commercial credit and underwriting experience to Oak Valley and shares our strong credit quality and relationship banking values,” stated Senior Vice President, Gary Stephens.
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 local branches: Oakdale, Turlock, Stockton, Patterson, Ripon, Escalon, Manteca, two branches in Sonora, three branches in Modesto, and three branches in their Eastern Sierra Division, which includes Bridgeport, Mammoth Lakes, and Bishop.
The Company recently completed the acquisition of Mother Lode Bank. Branch and operating system conversion is expected to be completed in the second quarter of 2016.
For more information, call 1-866-844-7500 or visit www.ovcb.com.