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SCVBank Awarded Medium Size Business of the Year

SANTA PAULA, CA. January 28, 2011- On Friday January 21, 2011, the Santa Clarita Valley Chamber of Commerce awarded Santa Clara Valley Bank (SCVBank; OTC BB: SCVE.OB) the Medium Business of the Year at its Annual Installation Gala. President and CEO Michael Hause reported, "The award was given, in my opinion, based on the strong commitment SCVBank has in Santa Clarita, to its customers, the chamber and so many of the non-profit organizations it supports. Vice President and Regional Manager Kris Hough was instrumental in this award as a long-time board member and past president of the SCV Chamber."

Vice President Hough commented, "We are honored to live and work in this great community of Santa Clarita. Our enthusiastic staff of professional bankers are committed to providing exceptional customer service ---their commitment makes this award possible."

Also during the event, the Betty Ferguson Foundation was lauded for its many years of contributions to the Santa Clarita Valley. CEO Hause has been a board member of that organization for the past five years.

Besides the Chamber and the Betty Ferguson Foundation, SCVBank also supports Soroptimist International, Relay for Life, Arthritis Foundation, Valencia Industrial Association, SCV Education Foundation, SC Association of Professional Women, Hispanic Business Committee, SCV Facilities Foundation, Old Town Newhall Association, the Senior Center, the Child and Family Center, Association of Women Entrepreneurs, SCV Youth Project, SCV Film Festival, SCV Mayors Committee for Employment of Individuals with Disabilities; and the SCV Theatre Project.

The Bank also supports Rotary International, Boys and Girls Club of the Santa Clara Valley, Santa Paula Art Museum, Fillmore Grad Night Live, Aviation Museum of Santa Paula, Santa Clara Valley Hospice, Downtown Merchants Association, Kiwanians International, the Police and Fire Foundation, California Community Reinvestment Corporation, to name a few.

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
805-525-7847

Statements concerning future performance, developments or events concerning expectations for growth and market forecasts, and any other guidance on future periods, constitute forward looking statements that are subject to a number of risks and uncertainties. Actual results may differ materially from stated expectations. Specific factors include, but are not limited to, the effect of interest rate changes, the ability to control costs and expenses, the impact of consolidation in the banking industry, financial policies of the United States government, and general economic conditions.

 

 
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