Veteran Banker David V. Heald Joins Pacific Valley Bank’s Board of Directors

SALINAS, Calif., Jan. 28, 2025 /PRNewswire/ — Pacific Valley Bank PVBF has appointed David V. Heald to its Board of Directors. With nearly fifty years in the banking industry, Heald brings extensive experience in community banking and successful startup ventures.

Leadership Experience and Growth Achievements

“We are exceptionally pleased to welcome David to our Board of Directors,” stated Anker Fanoe, CEO of Pacific Valley Bank. “His remarkable track record, including growing Santa Cruz County Bank from $13.2 million to $1.6 billion in assets, provides invaluable insight. David’s understanding of our market and his strategic vision will be key as we continue to grow.”

Heald’s career is notable for founding and leading Santa Cruz County Bank as President, CEO, and Vice Chairman from 2004 to 2020. Additionally, he was a founding executive at Coast Commercial Bank, serving as Chief Credit Officer and Chief Banking Officer. Under his leadership, the bank expanded from an initial capitalization of $3.2 million to a successful sale for $100 million.

Commitment to Community Banking

“I have long admired Pacific Valley Bank’s commitment to community banking and its mission of serving local businesses,” remarked Heald. “Joining this outstanding board excites me, and I look forward to contributing to the bank’s ongoing success. Their focus on local decision-making aligns perfectly with my belief in the importance of community banks for economic growth.”

A Leader in Community Engagement

Heald is also involved with several prestigious boards, such as the Menlo College Board of Trustees and the California Bankers Association Bankers Benefit Board. His dedication to community service extends to the Cabrillo College Foundation and the Santa Cruz Rotary Club.

About Pacific Valley Bank

Pacific Valley Bank
Pacific Valley Bank PVBK is a full-service community business bank located in Salinas, California. The bank is dedicated to supporting local businesses and enhancing economic growth in the areas it serves. More information can be found at www.pacificvalleybank.com.

FOR MORE INFORMATION CONTACT:
Anker Fanoe, Chief Executive Officer
Pacific Valley Bank
(831) 422-5300
Anker.Fanoe@pacificvalleybank.com

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SOURCE Pacific Valley Bank