Oak Valley Community Bank Announces Commercial Banking Officer Hiring
Oak Valley Bancorp (NASDAQ: OVLY) announced the hiring of Katie Alves as Vice President, Commercial Banking Officer, based at the Lodi branch on 31 South School Street.
Rhea-AI Summary
Oak Valley Bancorp (NASDAQ: OVLY) announced the hiring of Katie Alves as Vice President, Commercial Banking Officer, based at the Lodi branch on 31 South School Street.
Alves brings over 20 years of banking experience, will focus on commercial and agricultural lending in Lodi, and is active in local community organizations. Oak Valley operates 19 branches across Central California and the Eastern Sierra.
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Details
News Market Reaction – OVLY
On May 8, the day this news came out, OVLY closed 0.48% above the previous close.
Data tracked by StockTitan Argus for the May 8 session.
Key Figures
- Banking experience
- More than 20 years
- Experience of newly hired Vice President, Commercial Banking Officer
- Branch count
- 19 branches
- Oak Valley Community Bank and Eastern Sierra division footprint
- Lodi branch address
- 31 South School Street
- Location where the new Commercial Banking Officer will be based
- Toll-free phone
- 1-866-844-7500
- Customer contact number provided in the announcement
- Local phone
- (209) 848-2265
- Local contact number listed in the release
- Eastern Sierra branches
- 3 branches
- Bridgeport, Mammoth Lakes, and Bishop locations
- Commercial banking certificate
- 1 certificate
- Commercial Banking Certificate from California Bankers Association
- Community organizations
- 5 organizations
- Local groups where the new hire is actively involved
Historical Context
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Reported unaudited 1Q26 earnings and key balance sheet metrics.
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Named a 2026 Best Place to Work with workforce growth over 10%.
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Added Senior VP Credit Administrator to oversee credit administration.
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Appointed VP Branch Manager to lead Ripon branch operations and growth.
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Announced CEO retirement effective Jun 30, 2026 and named successor.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
OAKDALE, Calif., May 08, 2026 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), is pleased to announce the addition of Katie Alves as Vice President, Commercial Banking Officer. She will be based at the Bank’s Lodi Branch at 31 South School Street.
With more than 20 years of banking experience, Alves joins Oak Valley with a strong background in relationship management, most recently serving as a Relationship Manager at another local financial institution. She will focus on commercial and agricultural lending in the Lodi area, partnering with business owners to understand their goals and provide tailored financial solutions.
“Katie brings extensive experience in relationship-driven banking and strategic credit structuring, with deep expertise serving agricultural clients,” said Gary Stephens, Executive Vice President, Commercial Banking Group. “Her ability to connect with clients and offer practical, well-structured financial guidance is key to building the trust that supports our client-first approach.”
Beyond her professional role, Alves is closely connected to the Linden community, where she resides. She is actively involved in several local organizations, including Waterloo PTC, Linden Athletic Boosters Club, Linden Ag Boosters Club, Linden Education Foundation, and Holy Cross Church.
Alves holds a Bachelor of Science in Agricultural Business from Fresno State University and has earned a Commercial Banking Certificate from the California Bankers Association. Outside of work, she enjoys spending time with family and friends and supporting her children’s activities.
Oak Valley Bancorp operates Oak Valley Community Bank & their Eastern Sierra Community Bank division, through which it offers a variety of loan and deposit products to individuals and small businesses. They currently operate through 19 conveniently located branches: Oakdale, Turlock, Stockton, Patterson, Ripon, Escalon, Manteca, Tracy, Sacramento, Roseville, Lodi, two branches in Sonora, three branches in Modesto, and three branches in the 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-BANK (2265) |
| Toll Free (866) 844-7500 | |
| www.ovcb.com |
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