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Oak Valley Community Bank Announces Promotion of Rick McCarty to President

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OAKDALE, Calif., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Christopher M. Courtney, President & CEO of Oak Valley Bancorp, (NASDAQ: OVLY) and its wholly owned subsidiary, Oak Valley Community Bank, announced the promotion of Rick McCarty to President and Chief Operating Officer effective January 1, 2022.

McCarty has been with Oak Valley for over 22 years, joining the bank at a time when Oak Valley had 3 branches and less than $150 million in total assets. He has served the bank as Senior EVP and Chief Operating Officer since 2017. Prior to that McCarty held the Chief Administrative Officer and Chief Financial Officer positions concurrently.

“Rick has been an integral part of the growth and prosperity of the bank. His oversight of the bank’s mission critical functions and the instrumental role he plays within the management team have been key drivers of our success,” stated Chris Courtney, President and CEO. "This promotion signals the influence he has had on the Company through the years and illustrates the continued execution of our succession planning initiatives.”

“From our frontline employees to our administrative and support departments, we are very fortunate to have assembled a team here at Oak Valley that continually challenges themselves to provide the best banking experience imaginable for our clients. This transition will be seamless because we have a shared vision which keeps us aligned and able to connect the performance of core competencies with the achievement of long-term strategic goals,” concluded Rick McCarty, Senior Executive VP and COO.

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 17 conveniently located branches: Oakdale, Turlock, Stockton, Patterson, Ripon, Escalon, Manteca, Tracy, Sacramento, 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 announced it has received regulatory approval to open a new office in Roseville, which is slated for the first quarter of 2022.

For more information, call 1-866-844-7500 or visit www.ovcb.com.

Contact: Chris Courtney/Rick McCarty
Phone:   (209) 848-2265
  www.ovcb.com 

 


Oak Valley Bancorp

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Commercial Banking
Finance and Insurance
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United States of America
OAKDALE

About OVLY

oak valley is located in the heart of california’s central valley and serves a growing footprint spanning five counties and reaching into the eastern sierra nevada. small to medium-sized businesses, professionals and individuals are attracted to our unique style of service. service that our employees take pride in delivering. located in oakdale, oak valley boasts the designation of being the only nasdaq traded company headquartered in stanislaus county. embracing a team philosophy and promoting from within characterize how the employees of oak valley manage for success under a long term growth strategy. team-wide commitment to a culture of service and community provide the foundation for a well thought out de novo branch approach, we refer to as our “rolling 10 year plan.” in our 24 year history, execution of this plan has transformed the bank from a single branch operation in oakdale, to 15 locations (16th under construction) and just under $800 million in assets. dynamic individual