(Left) Nathan Ruiz, vice president and deposit relationship manager. (Right) Jeff Garcia, vice president and community relationship officer. Photos contributed.

published on June 27, 2019 - 1:52 PM
Written by The Business Journal Staff

New leadership and a new location in the Sacramento area make up Central Valley Community Bank’s strategy for expansion into the state’s capitol.

Central Valley Community Bancorp, traded on the NASDAQ as CVCY, opened a full-service business banking office in Gold River, off of Highway 50 on June 3, according to a press release.

“We are thankful for the many business referrals that have fueled our recent growth in Greater Sacramento,” said James Ford, president and CEO in the release.

To oversee the expansion of business clients in Gold River, Rancho Cordova and Fair Oaks communities, the bank is bringing on Jeff Garcia as vice president and community relationship officer. Garcia has 11 years of branch management experience and “a proven passion for identifying and developing new business opportunities,” the release stated.

The newly constructed location will feature a 24-hour ATM and a depository night drop.

Nathan Ruiz will expand the bank’s commercial presence in Roseville and surrounding communities. Central Valley Community Bank hired Nathan Ruiz as vice president and deposit relationship manager.

He has 24 years of financial experience and “a strong background in business banking and branch operations,” the release stated.

“The addition of our new Gold River branch and experienced leadership in this market as well as Roseville, will help us further meet the needs of existing clients and will allow us to expand our unique brand of business and community banking service to others in the area,” said Ford in the release. “Both Nathan and Jeff are dedicated bankers whose passion for service to clients and the community mirrors that of our nearly forty-year-old community business bank.”

Within the last month, both Yahoo Finance and Zacks Equity Research have noted Central Valley Community bank for its “great” dividend payouts.

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