SOURCE: Community Bank of the Bay

Community Bank of the Bay

June 30, 2015 15:19 ET

Community Bank of the Bay Names John Z. Barr Chief Credit Officer

OAKLAND, CA--(Marketwired - Jun 30, 2015) - Community Bank of the Bay (www.bankcbb.com) (OTCBB: CBYAA) announced today that John Z. Barr has joined the bank as Chief Credit Officer. Mr. Barr will be responsible for all aspects the bank's lending and credit administration. 

"We are extremely pleased that John has chosen to join our management team as Chief Credit Officer. He brings a wealth of experience in the key areas of asset quality and portfolio management, and his commercial real estate lending background will be extremely valuable as we continue to grow our bank," said William Keller, President and CEO. 

Prior to joining the bank John served as Chief Credit officer of Pleasanton-based Valley Community Bank where he set and oversaw specific strategic objectives to successfully improve asset quality, significantly reducing the bank's exposure in its loan portfolio. John also has extensive experience in the areas of loan portfolio acquisition and valuation. As managing director of his own company, Stabilized Asset Resources, LLC; a national consulting firm, John specialized in assisting bank management teams improve loan quality, evaluate mergers & acquisitions and fill interim "C" level positions. John is also a California Superior Court appointed Receiver.

"I am elated to have the opportunity to join the Community Bank of the Bay team and look forward to continuing to build this well respected community bank," said John Barr.

About Community Bank of the Bay (CBB)
Community Bank of the Bay (CBB) is a locally owned and operated, relationship oriented business bank that offers customized lending solutions and FDIC-insured deposit services to individuals, businesses and non-profits throughout the Bay Area. It is also a SBA Preferred Lender and has close relationships with other private and public organizations that allow it to providing flexible financing to small and mid-sized businesses. CBB was the first bank in California, and one of less than one hundred financial institutions nationwide to be certified by the U.S. Department of Treasury as a Community Development Financial Institution. CBB is also a certified Bay Area Green Business and is home to the Bay Area Green Fund which allows environmentally conscious depositors to channel their funds to sustainable businesses and projects. For more information, please visit www.bankcbb.com.

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