Pacific Valley Bank (OTC: PVBK), a leading community business bank serving Monterey County since 2004, has announced its expansion into the Santa Cruz market with the appointment of veteran commercial banker Dean Austin as Senior Vice President & Market President. This strategic move marks a significant step in the bank's growth and commitment to supporting local businesses and fostering economic development in the region.



Dean Austin brings over 25 years of commercial banking experience to Pacific Valley Bank, with a proven track record of serving the unique needs of local businesses and entrepreneurs. His extensive knowledge of the Santa Cruz market, coupled with his deep connections in the local business community, makes him an ideal fit to lead the bank's expansion into the area. Austin's passion for building strong relationships and providing exceptional service to clients will be a key driver in Pacific Valley Bank's success in Santa Cruz.

Pacific Valley Bank's commitment to local leadership and decision-making is evident in its expansion into Santa Cruz. By appointing a local market president with extensive experience and deep connections in the community, the bank is demonstrating its dedication to understanding and serving the unique needs of the Santa Cruz business community. This commitment to local leadership ensures that the bank's expansion is tailored to the specific needs and opportunities of the market, increasing the likelihood of success.



In addition to appointing a local market president, Pacific Valley Bank is also expanding its service offerings in Santa Cruz. The bank will establish a full-service location in the area, providing a wide range of banking solutions to small and medium-sized businesses, agricultural enterprises, non-profit organizations, professional service providers, and individuals. This expansion of service offerings will cater to the diverse needs of the Santa Cruz business community, driving growth and economic development in the region.

Pacific Valley Bank's expansion into Santa Cruz is a testament to the bank's commitment to supporting local businesses and fostering economic growth in the communities it serves. By appointing a local market president with extensive experience and deep connections in the community, the bank is demonstrating its dedication to understanding and serving the unique needs of the Santa Cruz business community. This commitment to local leadership, coupled with the bank's expanded service offerings, will drive growth and economic development in the region.

Rating: Positive outlook for Pacific Valley Bank's expansion into Santa Cruz.