Pacific Valley Bank Bolsters Board with Veteran Banker David V. Heald

Pacific Valley Bank (OTC: PVBK), a leading community business bank serving Monterey County since 2004, has announced the appointment of David V. Heald to its Board of Directors. Heald brings nearly five decades of banking experience, including significant expertise in community banking leadership and successful bank startups, to the board. This strategic move is expected to drive the bank's continued growth and support its mission of serving local businesses and fostering economic growth in the communities it serves.

Heald's distinguished career includes founding and leading Santa Cruz County Bank as President, CEO, and Vice Chairman from 2004 to 2020. During his tenure, he grew the bank from $13.2 million to $1.6 billion in assets, demonstrating his ability to execute strategic visions and drive organic growth. Prior to this, Heald was a founding executive of Coast Commercial Bank, where he served as Chief Credit Officer and Chief Banking Officer, helping grow the institution from its $3.2 million initial capitalization to a $100 million sale.



Heald's deep understanding of the local market and community engagement align perfectly with Pacific Valley Bank's mission and values. His extensive experience in the Santa Cruz market, where he led Santa Cruz County Bank, brings valuable insights into the local economy and the unique needs of businesses in the region. His involvement with various boards, such as the Menlo College Board of Trustees, California Bankers Association Bankers Benefit Board, and California Community Bankers Network Board, further demonstrates his commitment to community engagement and economic growth.

Heald's appointment to the Board of Directors reflects Pacific Valley Bank's commitment to fostering economic growth and supporting local businesses in the communities it serves. His proven track record in community banking leadership and successful bank startups, combined with his deep understanding of the local market and community engagement, makes him an invaluable addition to the board. With Heald's guidance, Pacific Valley Bank is well-positioned to continue its growth trajectory and strengthen its support for local businesses and the regional economy.

In conclusion, Pacific Valley Bank's appointment of David V. Heald to its Board of Directors underscores the bank's commitment to fostering economic growth and supporting local businesses in the communities it serves. Heald's extensive experience, local market knowledge, strategic vision, and alignment with PVB's mission make him an invaluable addition to the board, poised to drive the bank's continued success and growth.