Cheryl L. Knight Joins SCVBank as SVP/ Chief Credit Officer
Santa Paula, CA. October 27, 2010- Santa Clara Valley Bank (SCVBank; OTC BB: SCVE.OB) today announced that Cheryl L. Knight has been hired as the Bank's Senior Vice President/ Chief Credit Officer. Ms. Knight has previously held the titles of Executive Vice President and Chief Credit Officer at Montecito Bank and Trust, as well as EVP/ Chief Risk Officer for First California Bank. She has held several other management positions at other financial institutions including Union Bank and Wells Fargo. Cheryl was also employed by Deloitte & Touche as a financial management consultant.
As a senior officer of Montecito Bank and Trust, Ms. Knight led the $750 million bank to perform at a high level, achieving the rating of Super Premier Performing Bank by Findley Reports.
Ms. Knight is a member of the board of directors of California Community Reinvestment Corporation, a non- profit whose mission is to provide innovative and flexible financing to low and moderate income families in California. She currently serves as Chair of the Board.
Cheryl has been a resident of Ventura for over 12 years.
"Cheryl has enjoyed an illustrious banking career, and SCVBank is so very fortunate to have Cheryl in a leadership position", stated President & CEO Michael D. Hause. "During her career, she has demonstrated excellent risk management abilities and strong leadership. She possess' a wide range of lending experience, and takes a proactive approach to business lending".
Chairman Ralph De Leon remarked, "SCVBank will greatly benefit from the skills and abilities of Cheryl Knight. It's wonderful having such a long time resident of Ventura County as our Chief Credit Officer. We are looking forward to Cheryl helping lead SCVBank into the future".
Founded in 1998, Santa Clara Valley Bank has offices in Santa Paula, Fillmore, and Valencia. Under its stock symbol of SCVE.OB, Santa Clara Valley Bank's stock is traded through McAdams Wright Ragen, Howe Barnes Hofer & Arnett, and Wedbush Morgan Securities. The Bank's web site is www.SCVBank.com.
Santa Clara Valley Bank Corporate Headquarters
901 East Main Street
Santa Paula, California 93060
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