River Valley Community Bancorp Announces First Dividend

Author: Olivia Taylor Updated: 10-07-2025 05:01 PM

River Valley Community Bancorp Declares First Cash Dividend

River Valley Community Bancorp (OTC markets: RVCB) has made an exciting announcement regarding its financial progress. The Board of Directors of the bank has officially declared the first regular quarterly cash dividend on common stock, set at $0.07 per share. This dividend is a significant step for the bank, showcasing its robust financial standing and dedication to returning value to shareholders.

Significance of the Dividend Declaration

Chairman Steve Danna expressed his enthusiasm, stating that the initiation of this regular quarterly dividend marks a noteworthy milestone for River Valley Community Bancorp and its loyal investors. He emphasized that this move is a clear reflection of the bank's solid balance sheet and commitment to enhancing shareholder value over time.

Growth and Investment Strategy

CEO John M. Jelavich highlighted the bank's strong capital position, which enables it to return value to shareholders while still investing in strategic initiatives. The bank is particularly focused on expanding its footprint by opening new branches, including a recently announced branch in Roseville. This strategic growth is crucial as they aim to exceed $1.0 billion in total assets, ultimately providing increased returns to shareholders in the long run.

Future Outlook for Dividends

The Board of Directors is optimistic about the future of the dividends and intends to maintain and grow these payouts as long as the bank’s earnings performance, capital levels, and growth opportunities permit. This reassurance gives shareholders confidence in the bank's ongoing commitment to their financial well-being.

Bank's Community Presence

River Valley Community Bank has established a strong presence in the community and has been rated highly for its services. The bank proudly operates several branches, providing essential banking services to its customers at the following locations:

1629 Colusa Avenue, Yuba City, CA
580 Brunswick Rd, Grass Valley, CA
905 Lincoln Way, Auburn, CA
904 B Street, Marysville, CA
2901 Douglas Blvd., Ste. 140, Roseville, CA
401 Ryland Street, Ste. 205, Reno, NV (Loan Production Office)

Comprehensive Banking Services

River Valley Community Bank offers a wide array of competitive products, services, and advanced banking technology, ensuring that the needs of their customers are met efficiently. For further information, you can reach out to John M. Jelavich by phone at (530) 821-2469.

Frequently Asked Questions

What is the new dividend amount declared by River Valley Community Bancorp?

The board has declared a cash dividend of $0.07 per share.

When will the dividend be payable?

The dividend is scheduled to be paid on November 17.

What strategic initiatives is the bank pursuing?

The bank plans to invest in new branch openings and other growth initiatives to enhance its asset base.

How does the bank rate in terms of performance?

The bank is highly rated for its financial services, ensuring trust among its customer base.

How can customers contact the bank for inquiries?

Customers can reach out to John M. Jelavich at (530) 821-2469 for any inquiries.

About The Author

Olivia Taylor here, a 26-year-old writer and financial advisor. After earning a degree in finance, I worked in the sector for years. I've always loved numbers and had a talent for simplifying difficult financial ideas so that anyone could understand. I wrote my first book because of this passion; it helps readers take charge of their financial futures by fusing real-life stories with useful financial advice.

Whether they are just beginning their careers, preparing for significant life events, or seeking to invest wisely, my goal with my writing is to enable people to make educated financial decisions. The foundation of my work is the conviction that security and freedom of the individual are largely determined by financial literacy. To further financial education, I run workshops and frequently write for financial blogs in addition to my books.

I like to travel, experience other cultures, and find inspiration in daily life when I'm not writing or examining market trends. My passion is utilizing sound financial practices to help people reach their financial objectives and lead the best lives possible.

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