Exciting Leadership Change at Pacific Valley Bank
Pacific Valley Bank has made a significant addition to its Board of Directors by appointing David V. Heald, a respected banking veteran with nearly five decades of experience in the financial sector. His extensive knowledge in community banking leadership makes him a valuable asset for the bank as it aims to enhance its commitment to serving local businesses.
David V. Heald’s Impressive Background
Heald has built an impressive career, highlighted by his tenure at Santa Cruz County Bank, where he served as President, CEO, and Vice Chairman from 2004 to 2020. Under his leadership, the bank saw remarkable growth, increasing its assets from $13.2 million to around $1.6 billion. Such experience positions Heald perfectly to play a vital role in Pacific Valley Bank’s future endeavors.
Prior Experience and Expertise
Before his time at Santa Cruz County Bank, Heald was instrumental in the development of Coast Commercial Bank. As a founding executive, he took on the roles of Chief Credit Officer and Chief Banking Officer, guiding the institution’s growth from $3.2 million in initial capitalization to a successful $100 million sale. His deep financial acumen is widely recognized in the banking community.
Vision for Community Banking
In his statement, Heald expressed his admiration for Pacific Valley Bank’s dedication to community banking. He noted the importance of supporting local businesses and emphasized his enthusiasm about joining a board that shares his vision for the future of community banks. Heald’s belief in local decision-making and community participation aligns perfectly with the bank’s mission of fostering economic growth.
Current Engagements and Community Involvement
Beyond his new role at Pacific Valley Bank, Heald is also involved in various prestigious organizations. He serves on the Board of Trustees for Menlo College, as well as on several boards that focus on the betterment of community banking across California. His commitment to community is further demonstrated by his active participation with the Cabrillo College Foundation and the Santa Cruz Rotary Club.
About Pacific Valley Bank
Pacific Valley Bank is a full-service community business bank headquartered in California, committed to supporting local enterprises and enhancing economic well-being in its serving regions. With a strong focus on local businesses, the bank is poised for growth under the guidance of its experienced board. More information can be found on their official website.
Frequently Asked Questions
Who is David V. Heald?
David V. Heald is a seasoned banking professional recently appointed to the Board of Directors of Pacific Valley Bank.
What is Pacific Valley Bank's main focus?
The bank primarily focuses on providing support to local businesses and enhancing economic growth in its communities.
What experience does Heald bring to the bank?
Heald has extensive experience in community banking, having led Santa Cruz County Bank to significant growth and success.
Where is Pacific Valley Bank located?
Pacific Valley Bank is headquartered in California, providing full-service banking to local businesses.
How can I contact Pacific Valley Bank?
You can reach out to Pacific Valley Bank’s Chief Executive Officer, Anker Fanoe, via their main phone line for inquiries.
