Information
OAKDALE, Calif., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly owned subsidiary of Oak Valley Bancorp (NASDAQ:OVLY), is pleased to welcome Carlos Chavez as Vice President, Branch Manager. Chavez
Original sourceAI Summary
Oak Valley Community Bank announced the appointment of Carlos Chavez as Vice President, Branch Manager of the Stockton Branch, effective immediately. With over 21 years of experience in banking and strong local ties, Chavez is positioned to enhance client relations and foster business growth in the community.
Sentiment Rationale
Past instances show that effective leadership changes within financial institutions lead to improved performance metrics and stock price appreciation, such as recent improvements seen in comparable banks after management changes.
Trading Thesis
Investors should consider OVLY as a buy due to leadership strengthening branch operations and community ties.
Market-Moving
- New leadership could improve operational performance and client engagement.
- Enhanced local business support may lead to increased deposits and loans.
- Community ties of Chavez could improve brand reputation and customer loyalty.
Key Facts
- Carlos Chavez appointed as Vice President, Branch Manager at Stockton Branch.
- Chavez brings 21 years’ banking experience and community ties.
- He aims to enhance client relationships and support local businesses.
- Oak Valley operates 19 branches, offering loan and deposit products.
Companies Mentioned
- Oak Valley Bancorp (OVLY): Strengthened management could lead to better financial performance.
- Stockton Rotary: Community organizations may enhance local outreach effectiveness.
Corporate Developments
This falls under 'Corporate Developments' as it involves a significant leadership appointment. Effective leadership is crucial for operational success and may positively influence investor sentiment toward OVLY.
OAKDALE, Calif., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly owned subsidiary of Oak Valley Bancorp (NASDAQ:OVLY), is pleased to welcome Carlos Chavez as Vice President, Branch Manager. Chavez will oversee the bank's Stockton Branch at 2935 West March Lane, where he will be responsible for guiding branch operations, strengthening client relationships, and driving growth through a continued commitment to service excellence. His role will also include supporting the financial needs of local businesses and residents while further enhancing Oak Valley's presence in the Stockton community.
Chavez joins the Bank with more than 21 years of banking experience. Most recently, he served as Vice President, Branch Manager for a large national bank, where he demonstrated a strong track record in operational leadership, team development, and sales performance. Throughout his career, Chavez has been recognized as a President's Club recipient and consistently earned top performer honors for achieving outstanding business results while fostering a client-focused culture.
A long-time resident of Stockton, Chavez has deep ties to the community. He and his wife have raised their five children locally, and Chavez maintains strong community ties through his involvement with organizations such as the San Joaquin Hispanic Chamber of Commerce, Greater Stockton Chamber of Commerce, Stockton Rotary, and Stockton Golf & Country Club, and he is a dedicated financial literacy advocate. Chavez holds a bachelor's degree in business administration from Heald College. Outside of work, he is involved in coaching youth football, enjoys traveling, spending time outdoors, and honing his golf game.
"Carlos brings a proven record of leadership and a genuine commitment to the communities we serve," said Julie DeHart, Executive Vice President, Retail Banking Group. "His experience, community involvement, and focus on developing strong teams align perfectly with Oak Valley's values, and we are excited to have him lead our Stockton Branch."
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: | Chris Courtney/Rick McCarty |
| Phone: | (209) 848-BANK (2265) |
| (866) 844-7500 | |
| www.ovcb.com |
