Pacific Valley Bank Expands Commercial Banking Team with Six Key Appointments

Rhea-AI Summary

Pacific Valley Bank (OTC: PVBK) has announced a significant expansion of its commercial banking team with six key appointments in Monterey County. Glenna Datta joins as Executive Vice President and Regional Executive, bringing experience from her previous roles at 1st Capital Bank and Santa Cruz County Bank.

The expansion includes Senior Relationship Managers Robert Mina and Jessica Perez, Relationship Manager Jefferson Suruiz, and branch operations appointments Kelly Harless and Vikki Rodriguez for the King City location. The latter two bring 27 years of combined banking experience in the King City market.

This strategic expansion aligns with PVB's organic growth strategy, aimed at enhancing loan and deposit production capacity as the bank works toward reaching the billion-dollar asset size threshold.

Positive

• Strategic expansion of commercial banking team with 6 experienced professionals
• Key hire of EVP with local market expertise from competitor banks
• Enhanced capacity for loan and deposit growth
• Strengthened presence in King City market with experienced local bankers

Negative

• None.

News Market Reaction

-0.31%

1 alert

-0.31% News Effect

On the day this news was published, PVBK declined 0.31%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

SALINAS, Calif., March 3, 2025 /PRNewswire/ -- Pacific Valley Bank (OTC: PVBK) today announced the addition of six experienced banking professionals to strengthen its commercial lending and branch operations teams in Monterey County.

Glenna Datta joins as Executive Vice President and Regional Executive to lead the commercial lending relationship management team. Datta brings extensive local market experience, having previously served as Chief Banking Officer at 1st Capital Bank and Market President at Santa Cruz County Bank.

The expanded commercial lending team includes Senior Relationship Managers Robert Mina and Jessica Perez, along with Relationship Manager Jefferson Suruiz. Additionally, Kelly Harless joins as Vice President and Branch Manager of the King City branch, accompanied by Vikki Rodriguez as Assistant Vice President and Branch Operations Manager. Harless and Rodriguez bring a combined 27 years of banking experience in the King City market.

"We are thrilled to have Glenna, Robert, Jessica, Jefferson, Kelly and Vikki join the PVB team. They are excellent bankers with a track record of success and are well connected in our community," said Sandi Eason, President and Chief Operating Officer of Pacific Valley Bank.

"PVB is committed to a strategy of organic growth and this investment in people will pay dividends in future revenue growth," said Anker Fanoe, CEO of Pacific Valley Bank. "This is a continuation of our efforts over the past year to build our loan and deposit production capacity as we strive to reach the billion-dollar asset size threshold."

About Pacific Valley Bank
Pacific Valley Bank (OTC: PVBK) is a full-service community business bank headquartered in Salinas, California. Founded in 2004 to serve the unique needs of local businesses, the bank provides comprehensive banking solutions through its locations in Salinas, King City, Monterey, and Santa Cruz. For more information, visit www.pacificvalleybank.com.

FOR MORE INFORMATION CONTACT
Anker Fanoe, Chief Executive Officer
Pacific Valley Bank
(831) 422-5300
Anker.Fanoe@pacificvalleybank.com

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SOURCE Pacific Valley Bank

FAQ

How many new banking professionals did Pacific Valley Bank (PVBK) add to its team in March 2025?

Pacific Valley Bank added six experienced banking professionals to strengthen its commercial lending and branch operations teams in Monterey County.

Who is the new Executive Vice President and Regional Executive at Pacific Valley Bank (PVBK)?

Glenna Datta was appointed as Executive Vice President and Regional Executive to lead the commercial lending relationship management team.

What is Pacific Valley Bank's (PVBK) strategic goal regarding asset size?

PVBK is working towards reaching the billion-dollar asset size threshold through organic growth and enhanced loan and deposit production capacity.

What experience do the new King City branch managers bring to Pacific Valley Bank (PVBK)?

Kelly Harless and Vikki Rodriguez bring a combined 27 years of banking experience in the King City market.