SOURCE: Community Bank of the Bay

Community Bank of the Bay

December 14, 2009 15:14 ET

Robert Gionfriddo Named President, Silicon Valley Region by Community Bank of the Bay

SAN JOSE, CA--(Marketwire - December 14, 2009) - Community Bank of the Bay (OTCBB: CBYAA) announced today that Robert Gionfriddo has joined as President, Silicon Valley Region.

"Bob is a highly respected and seasoned relationship banker with a long history in the communities that make up the Silicon Valley. His high profile and substantial network of business clients and referral sources will make an immediate impact on Community Bank of the Bay," stated Brian Garrett, Chief Executive Officer. "With over 30 years of banking experience, Bob provides the skill and market knowledge within this important region."

Before joining Community Bank of the Bay, Bob was a Director, Executive Vice President, and President of Specialty Markets for Bridge Bank for the past eight years. Before co-founding Bridge Bank, he was a co-founder, Vice Chairman and Executive Vice President of Heritage Bank of Commerce from 1994-2000. Plaza Bank of Commerce, which sold to Comerica Bank in 1990, was where Mr. Gionfriddo began his independent banking career and where he was Executive Vice President and Director of Corporate Marketing from 1980-1990.

"Community Bank of the Bay is a well capitalized bank that will only become stronger as we complete our current capital campaign and expand into the Silicon Valley. This opportunity allows me to focus my efforts on what I have always loved most about banking -- building high performing teams and developing deep, longstanding relationships with clients," said Gionfriddo. "The Silicon Valley and its diverse business community are a tremendous market and are a perfect complement to the Bank's recent expansion into the Diablo Valley. With the addition of these two vibrant markets, I am confident that the Bank is poised for exciting growth."

Mr. Gionfriddo and his wife Donna are residents of Los Gatos, CA. He is active in many civic and nonprofit organizations, including the Rotary Club of San Jose and Civic Club of San Jose. He is on the Board of Directors of the San Jose/Silicon Valley Chamber of Commerce. Mr. Gionfriddo has been an active fundraiser for countless local charities as well as having served on a number of nonprofit boards and committees including The American Cancer Society of Santa Clara Valley and the Children's Discovery Museum of San Jose.

Mr. Gionfriddo has an undergraduate degree from Fairfield University in Fairfield, Connecticut. He attended Loyola University of Chicago in Rome, Italy.

Community Bank of the Bay is located in Oakland and Danville. It is the home of the Bay Area Green Fund. Community Bank of the Bay serves the financial needs of a variety of commercial customers including businesses, professional service firms, non-profit organizations and churches. Information on the bank and its services is available online at Community Bank of the Bay is a member of the FDIC.

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