SOURCE: Pacific Valley Bank

April 11, 2007 14:14 ET

Sarah Murphy Joins PVB as AVP & Client Relations Manager

SALINAS, CA -- (MARKET WIRE) -- April 11, 2007 -- Pacific Valley Bank (OTCBB: PVBK) announced today that Sarah Murphy has been hired as Assistant Vice President and Client Relations Manager. She will be assigned to the Bank's branch in Monterey which will open in early summer of 2007.

Sarah Murphy had been with Wells Fargo Bank since 1998. She served in a variety of positions at branches on the Monterey Peninsula, most recently as Assistant Manager of the Del Rey Oaks office. Ms. Murphy has been involved in a number of community events, including Special Olympics, Relay for Life, and Salinas Valley Young Farmers and Ranchers.

Pacific Valley Bank's branch in Monterey will be located at 498 Alvarado St. in the historic Juan Bautista Alvarado Adobe. It will be the fifth PVB office. In announcing Sarah Murphy's hiring, Pacific Valley Bank President Ben Tinkey said, "We have pursued an aggressive branching strategy in response to community demand for local, community banking. We anticipate that our new office in Monterey will meet with the same local support as our other branches."

Pacific Valley Bank was formed in Salinas in 2004 by local community and business leaders. Most of the bank's shareholders live and work in Monterey County. The bank opened a second branch in Salinas in mid-2006, a branch in King City in late 2006, and a branch in Hollister in early 2007. At year-end 2006, the bank reported assets of $108 million.

Contact Information

  • For further information contact:

    Ben Tinkey
    Pacific Valley Bank

    Sue Carlson
    Senior Vice President
    Pacific Valley Bank
    (831) 422-5300