YUBA CITY, Calif., June 19, 2018 (GLOBE NEWSWIRE) -- River Valley Community Bancorp (OTC Markets:RVCB) with its wholly owned subsidiary, River Valley Community Bank (collectively referred to as the “Bank”) has received formal approval from banking regulators to proceed with opening a new, full service, branch office in Auburn, California. The Bank first opened for business in Yuba City in 2006 and opened a second branch in Grass Valley in 2013. Since its inception, the Bank has grown steadily by offering a local, relationship banking experience that has been valued by its customers. The Bank is primarily focused on meeting business and commercial banking needs but also has a full suite of competitive personal banking products, services, and banking technology. The Bank has consistently received high customer satisfaction ratings based on periodic customer survey feedback.
River Valley Community Bank President and CEO John M. Jelavich commented, “We are excited to be expanding our Bank to serve the Auburn market. We believe our brand of banking, along with our competitive products and services, will be well received by local businesses, non-profits, and consumers who desire the community banking experience we deliver. We see Auburn as a natural fit for our Bank, and we will work hard to demonstrate our commitment to serving the community.”
The Auburn Branch will be located at 905 Lincoln Way Suite #100 and is expected to open this summer.
The Bank is rated \"5-Star Superior\" by Bauer Financial and serves its customer base through its offices located at:
- 1629 Colusa Avenue, Yuba City, CA
- 426 Sutton Way, Grass Valley, CA (relocating to River Valley Community Bank Plaza at 580 Brunswick Rd, Grass Valley, CA, Fall of 2018)
- 905 Lincoln Way, Auburn, CA (Coming soon!)
For more information please visit our website at: www.myrvcb.com or contact John M. Jelavich at 530-821-2469.
Forward Looking Statements: This document may contain comments and information that constitute forward‐looking statements. Forward‐looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by such statements. Forward‐looking statements speak only as to the date they are made. The Bank does not undertake to update forward‐looking statements to reflect circumstances or events that occur after the date the forward‐looking statements are made.
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