Oak Valley Community Bank Announces Commercial Banking Officer Hiring
Oak Valley Community Bank (NASDAQ: OVLY) announced the hiring of Joel Burns as Vice President, Commercial Banking Officer, based at the Lodi branch at 31 South School Street.
Rhea-AI Summary
Oak Valley Community Bank (NASDAQ: OVLY) announced the hiring of Joel Burns as Vice President, Commercial Banking Officer, based at the Lodi branch at 31 South School Street. He will serve commercial and agricultural clients across the Lodi market, focusing on business lending and relationship management.
Burns has 25 years of commercial banking experience, most recently as a Commercial Banker at another local financial institution. He holds an Agribusiness degree from Cal Poly San Luis Obispo and is a graduate of the Southwestern Graduate School of Banking. Oak Valley Bancorp operates 19 branches under Oak Valley Community Bank and its Eastern Sierra Community Bank division.
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Details
News Market Reaction – OVLY
On Jul 14, the first trading day after this news, OVLY closed 1.74% below the previous close.
Data tracked by StockTitan Argus for the Jul 14 session.
Key Figures
- Commercial banking experience
- 25 years
- Joel Burns’ experience in commercial banking
- Branch address
- 31 South School Street
- Location of Lodi branch where Burns is based
- Number of branches
- 19 branches
- Oak Valley’s current branch network
- Share price
- $33.88
- Pre-headline price at latest close
- 52-week high
- $35.97
- OVLY 52-week high before this news
- 52-week low
- $25.41
- OVLY 52-week low before this news
- Market cap
- $282,776,323
- Market capitalization pre-headline
- Short interest
- 0.79% of float
- Reported short interest level as of June 15, 2026
Historical Context
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Named Katie Alves as VP, Commercial Banking Officer for Lodi market.
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Reported 1Q26 net income, EPS, margin, and balance sheet metrics.
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Recognized as one of 2026 Best Places to Work in Central Valley.
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Appointed Nathan Dellinger as SVP, Credit Administrator overseeing credit.
-
Hired Pete Centeno as VP, Branch Manager of Ripon branch.
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., July 13, 2026 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), is pleased to announce that Joel Burns has joined the Bank as Vice President, Commercial Banking Officer. Based at the Bank's Lodi Branch, located at 31 South School Street, Burns will serve commercial and agricultural clients throughout the Lodi market.
Burns brings 25 years of commercial banking experience, with extensive expertise in relationship management and business lending. Most recently, he served as a Commercial Banker at another local financial institution. In his new role, he will focus on commercial and agricultural lending, working closely with business owners to understand their goals and deliver customized financial solutions that support their long-term success.
“Joel brings a strong background in commercial banking, with a focus on building lasting client relationships and delivering thoughtful credit solutions for agricultural businesses,” said Gary Stephens, Executive Vice President, Commercial Banking Group. “His collaborative approach and commitment to understanding each client's unique needs help foster the trusted partnerships that are at the heart of our relationship-based banking philosophy.”
Burns earned a Bachelor of Science in Agribusiness from California Polytechnic State University, San Luis Obispo, and is a graduate of the Southwestern Graduate School of Banking at Southern Methodist University. He is actively involved with the Lodi District Grape Growers Association. Outside of work, he enjoys spending time with family and friends.
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: | Rick McCarty |
| Phone: | (209) 848-BANK (2265) |
| Toll Free (866) 844-7500 | |
| www.ovcb.com |
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