Latest news with #OakValleyCommunityBank
Yahoo
10-07-2025
- Business
- Yahoo
Oak Valley Community Bank Receives Approval on Over $5.3 Million in Grants Submitted to Support Modesto Gospel Mission and Tuolumne Economic Development Authority
OAKDALE, Calif., July 10, 2025 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced they have received approval on three 2025 Affordable Housing Program (AHP) grants which were submitted to the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) on behalf of Modesto Gospel Mission for a total of $3.75 million and Tuolumne Economic Development Authority (TEDA) for $1.596 million. These projects will bring meaningful and lasting impact to communities in Stanislaus and Tuolumne counties by expanding access to stable, supportive housing for vulnerable populations. Grace Place, sponsored by Modesto Gospel Mission, will renovate an existing shelter facility in Modesto to provide 67 transitional housing units, paired with essential wraparound services such as onsite case management, life skills training, job coaching, and recovery support. Hannah's House, also by Modesto Gospel Mission, will convert a warehouse into 50 units of transitional housing, with residents gaining access to the Mission's proven programs focused on personal empowerment and long-term independence. In Tuolumne County, the Westside Subdivision, sponsored by the Tuolumne Economic Development Authority (TEDA), will deliver 30 new single-family homes to serve very low- to moderate-income households, including six homes reserved for those experiencing homelessness. The development will also feature an 1,800-square-foot community center offering resident services such as job training and educational programs, along with recreational amenities like a basketball court and playground. As a sponsor of FHLBank San Francisco's Community Investment Programs and advocate for the services Modesto Gospel Mission and Tuolumne Economic Development Authority provide to our community, Oak Valley Community Bank authored and provided supplemental input for this grant. 'At Oak Valley Community Bank, we believe real change starts at the community level," said Jose Sabala, VP Community Reinvestment Officer. "These grants are the result of strong partnerships with organizations rooted in compassion and service. Together with Modesto Gospel Mission and TEDA, we are investing in safe housing, supportive services, and brighter futures for our neighbors. This is what community banking is all about — showing up, working together, and making a lasting difference where it's critically needed.' 'We continue to make meaningful investments to address the affordable housing crisis across Arizona, California, and Nevada,' said Joseph E. Amato, interim president and CEO of FHLBank San Francisco. 'This funding, delivered in partnership with our local member financial institutions, supports housing affordability solutions in urban centers, rural areas, tribal lands, and communities in need. We are helping to expand the housing supply and deliver critical support services to individuals and families who need it most.' Affordable Housing Program (AHP) grants from FHLBank San Francisco support the development of housing solutions for low- and moderate-income individuals across Arizona, California, Nevada, and other areas served by member financial institutions like Oak Valley Community Bank. In 2025, a total of $49.7 million in AHP grants were awarded to 31 affordable housing projects in Arizona, California, and Nevada, selected through a competitive application process. Grants are awarded to member institutions in partnership with qualified housing developers and community organizations to advance initiatives that address urgent housing needs. The AHP includes both a General Fund and a Nevada Targeted Fund, with awards granted to top-ranking proposals based on financial feasibility, project readiness, and impact on affordability. All AHP-supported projects are required to meet rigorous income eligibility and long-term retention standards, ensuring lasting access to affordable rental and owner-occupied housing. More information, including application guidelines and award criteria, is available on the FHLBank San Francisco website. About Modesto Gospel Mission: Modesto Gospel Mission is a 501(c)(3) non-profit organization serving individuals and families experiencing homelessness and hardship throughout Stanislaus County. Since its founding in 1948, the Mission has delivered a comprehensive range of programs designed to support physical, emotional, and personal recovery. Key services include daily access to shelter, meals, showers, and clothing, as well as addiction recovery programs, life skill classes, employment assistance and training, a day program, a medical clinic, and an after-school youth center. These programs are intended to provide both immediate relief and long-term pathways to self-sufficiency. For more information, call (209) 529-8259 or visit About Tuolumne Economic Development Authority (TEDA): The Tuolumne Economic Development Authority, Inc. (TEDA) is a federally chartered tribal corporation established under Section 17 of the Indian Recognition Act of 1934. TEDA operates as a component unit of the Tuolumne Band of Me-Wuk Indians and is governed by the Tuolumne Me-Wuk Tribal Community Council. Created to advance the Tribe's long-term economic vision, TEDA is responsible for financing, developing, constructing, operating, and maintaining economic development projects that support sustainable growth and economic self-sufficiency for the Tribal community. TEDA plays a central role in managing and expanding enterprise initiatives that strengthen the Tribe's overall economic infrastructure. For more information, call (209) 928-9391 or visit About Oak Valley Community Bank: 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 18 conveniently located branches: Oakdale, Turlock, Stockton, Patterson, Ripon, Escalon, Manteca, Tracy, Sacramento, Roseville, 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 will open its 19th branch location later this year in Lodi. For more information, call 1-866-844-7500 or visit About the Federal Home Loan Bank of San Francisco: The Federal Home Loan Bank of San Francisco is a member-driven cooperative helping local lenders in Arizona, California, and Nevada build strong communities, create opportunity, and change lives for the better. The tools and resources provided to FHLB member financial institutions propel homeownership, finance quality affordable housing, boost economic vitality, and revitalize whole neighborhoods. FHLBank San Francisco, together with its members and other partners, are making the communities they serve more vibrant and resilient and changing lives for the better. Contact: Chris Courtney/Rick McCarty Phone: (209) 848-BANK (2265) Toll Free (866) 844-7500 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
14-05-2025
- Business
- Globe and Mail
Oak Valley Community Bank Named One of Central Valley's Best Places to Work
OAKDALE, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY) is pleased to announce that it was named by Best Companies Group as one of 2025 Best Places to Work: Central Valley. At the same time, OVCB was recognized by Opportunity Stanislaus for 'Growing the Economy' by increasing their workforce by 10% or more throughout 2024. "Being named one of the Best Places to Work in the Central Valley for the second time is a true honor and a meaningful reflection of who we are as an organization. This recognition speaks to the environment we've worked hard to create: one that prioritizes growth, values each individual, and fosters a culture of excellence from the inside out. What truly sets us apart is our deep-rooted service culture. Our team consistently goes beyond expectations, creating experiences that build trust, strengthen relationships, and turn customers into lifelong advocates. That level of care doesn't just happen - it's driven by a team that believes in our mission and takes pride in their work every day. I want to express my heartfelt gratitude to our employees. Your commitment to our customers, our communities, and to one another is the reason we continue to grow and succeed. This award belongs to each of you," stated Chris Courtney, CEO. Best Places to Work: Central Valley is a survey and recognition program dedicated to celebrating those employers locally who excel at creating quality jobs and environments where employees are happy to work. As a research-driven program from Best Companies Group, Best Places to Work examines a company's practices, programs, and benefits and surveys employees for their perspective. All companies that participated in the 2025 Best Places to Work: Central Valley program receive an in-depth evaluation identifying strengths and weaknesses according to their employees. In turn, this report can be used in developing or enhancing employee retention and recruitment programs. We are honored to be recognized with this year's Best Places to Work recipients; Black Water Consulting Engineers, DeHart Plumbing, Heating & Air, E- Technologies Group, Grimbleby Coleman, Haggerty Construction, IT Solutions/Currie, One Digital, Reed Family Companies, Stanislaus County Office of Education, The Wonderful Company, and Westwood Professional Services. Best Places to Work: Central Valley is brought to you by Opportunity Stanislaus. For more information on Best Places to Work: Central Valley visit About Opportunity Stanislaus Opportunity Stanislaus is a local economic development organization focused on improving the economic vitality of Stanislaus County. To do so, they help local entrepreneurs start and grow businesses and work to attract innovative companies to the county. For more information visit About Oak Valley Community Bank 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 18 conveniently located branches: Oakdale, Turlock, Stockton, Patterson, Ripon, Escalon, Manteca, Tracy, Sacramento, Roseville, 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 will open its 19 th branch location in Lodi later this year. For more information visit
Yahoo
13-05-2025
- Business
- Yahoo
Oak Valley Community Bank Announces Promotion
OAKDALE, Calif., May 13, 2025 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), is pleased to announce the promotion of Jaime Gonzalez to Assistant Vice President, Branch Manager of the Modesto–Dale Road Branch. Gonzalez has over 20 years of banking experience and has been with OVCB for more than eight years. He most recently served as Customer Service Manager at the Modesto–McHenry Branch. In his new role, he will oversee branch operations, manage sales efforts, and focus on business development. 'We are excited for Jaime to take on this new role,' said Julie DeHart, Executive Vice President of the Retail Banking Group. 'His strong leadership and deep commitment to customer service will be instrumental in strengthening both new and existing client relationships in the Modesto region. We are confident in his continued dedication and passion for serving our clients.' In 2019, Gonzalez was recognized as Customer Service Manager of the Year, a testament to his exemplary performance and contributions to the bank. He is an active member of St. Jude Catholic Church in Ceres and resides in Modesto with his wife, Viviana, and their two sons. Outside of work, he enjoys golfing, bike riding, coaching his sons' baseball and soccer teams, and spending quality time with his family. Oak Valley Bancorp operates Oak Valley Community Bank and its Eastern Sierra Community Bank Division, offering a full range of loan and deposit services to individuals and small businesses. The bank currently serves customers through 18 conveniently located branches in Oakdale, Turlock, Stockton, Patterson, Ripon, Escalon, Manteca, Tracy, Sacramento, Roseville, two locations in Sonora, three in Modesto, and three in the Eastern Sierra communities of Bridgeport, Mammoth Lakes, and Bishop. A 19th branch location is scheduled to open in Lodi later this year. For more information, call 1-866-844-7500 or visit Contact: Chris Courtney/Rick McCarty Phone: (209) 848-BANK (2265) Toll Free (866) 844-7500 in to access your portfolio
Yahoo
13-05-2025
- Business
- Yahoo
Oak Valley Community Bank Announces Promotion
OAKDALE, Calif., May 13, 2025 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), is pleased to announce the promotion of Jaime Gonzalez to Assistant Vice President, Branch Manager of the Modesto–Dale Road Branch. Gonzalez has over 20 years of banking experience and has been with OVCB for more than eight years. He most recently served as Customer Service Manager at the Modesto–McHenry Branch. In his new role, he will oversee branch operations, manage sales efforts, and focus on business development. 'We are excited for Jaime to take on this new role,' said Julie DeHart, Executive Vice President of the Retail Banking Group. 'His strong leadership and deep commitment to customer service will be instrumental in strengthening both new and existing client relationships in the Modesto region. We are confident in his continued dedication and passion for serving our clients.' In 2019, Gonzalez was recognized as Customer Service Manager of the Year, a testament to his exemplary performance and contributions to the bank. He is an active member of St. Jude Catholic Church in Ceres and resides in Modesto with his wife, Viviana, and their two sons. Outside of work, he enjoys golfing, bike riding, coaching his sons' baseball and soccer teams, and spending quality time with his family. Oak Valley Bancorp operates Oak Valley Community Bank and its Eastern Sierra Community Bank Division, offering a full range of loan and deposit services to individuals and small businesses. The bank currently serves customers through 18 conveniently located branches in Oakdale, Turlock, Stockton, Patterson, Ripon, Escalon, Manteca, Tracy, Sacramento, Roseville, two locations in Sonora, three in Modesto, and three in the Eastern Sierra communities of Bridgeport, Mammoth Lakes, and Bishop. A 19th branch location is scheduled to open in Lodi later this year. For more information, call 1-866-844-7500 or visit Contact: Chris Courtney/Rick McCarty Phone: (209) 848-BANK (2265) Toll Free (866) 844-7500 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-02-2025
- Business
- Yahoo
Oak Valley Community Bank Announces Commercial Credit Officer Hiring
OAKDALE, Calif., Feb. 28, 2025 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that Jean Turpen has joined the bank as Vice President, Commercial Credit Officer. She is based out of the Roseville Office located at 1478 Stone Point Drive. Turpen has 21 years of banking experience and a distinguished career in the banking industry, having held various leadership positions in commercial credit and lending. Her understanding of commercial lending, credit risk management, and financial analysis makes her an invaluable addition to the bank. In her new role, she will be responsible for client relationship management, portfolio management, and credit analysis. She will work closely with the Greater Sacramento Region team to drive sustainable growth and maintain our commitment to excellence in service and performance. 'We're excited to welcome Jean to our team. Her experience and proven track record in the banking sector will be instrumental in driving our commercial credit strategies and supporting our growth objectives,' said Gary Stephens, EVP Commercial Banking Group. Turpen earned a bachelor's degree in mathematics from University of Alaska Anchorage. She is a member of the Construction Financial Management Association (CFMA). Turpen resides in Orangevale with her husband and two sons. In her free time, she enjoys fitness, gardening, orchestral music, and reading. 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 18 conveniently located branches: Oakdale, Turlock, Stockton, Patterson, Ripon, Escalon, Manteca, Tracy, Sacramento, Roseville, 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 will open its 19th branch location in Lodi later this year. For more information, call 1-866-844-7500 or visit Date: February 28, 2025 Contact: Chris Courtney/Rick McCarty Phone: (209) 848-BANK (2265) Toll Free (866) 844-7500 in to access your portfolio
