Central Valley Community Bancorp Successfully Completes Final Stages of South Valley Merger

The Visalia Community Bank Name, Physical Branch Signage and All Operational Systems Have Successfully Converted to Central Valley Community Bank as of July 29, 2013


FRESNO, CA--(Marketwired - Jul 31, 2013) - The Board of Directors of Central Valley Community Bancorp (Company) (NASDAQ: CVCY), the parent company of Central Valley Community Bank (Bank), announced today that the final stages of the merger with Visalia Community Bank are now completed. The name change, physical branch signage on three Visalia offices and one in Exeter, in addition to the conversion of all operational systems have successfully converted to Central Valley Community Bank as of July 29, 2013.

The Central Valley Community Bancorp and Central Valley Community Bank directors and management team, led by Daniel J. Doyle, president and CEO, will continue to lead the combined team of professional bankers, with Tom Beene, former Visalia Community Bank, president and CEO serving as the regional executive. F. T. "Tommy" Elliott, IV, former chairman of the board of Visalia Community Bank, has joined Central Valley Community Bancorp's board of directors as of July 17, 2013, adding a strategic understanding of the recently acquired bank, knowledge of the region, agribusiness and related industries, in addition to being a successful and independent businessman.

The Visalia and Exeter branches are managed by former Visalia Community Bank employees, each with excellent knowledge of existing customers and the community. The Visalia branch management team includes: Judy Silicato, vice president, branch manager for Floral; JR Delgadillo, vice president, branch manager for Mission Oaks; Chaundra Olsen, vice president, branch manager for Caldwell, and in Exeter, Maria Alaniz, vice president, branch manager. Additionally, the former Visalia Community Bank commercial lending/relationship officer team all reside in their original South Valley offices including: Chad Bringe, vice president, commercial loan officer and Jason Vasquez, vice president, commercial loan officer at Floral; Joseph Yodsnukis, vice president, commercial loan officer at Caldwell, and in Exeter, Stefani Woods, vice president, commercial loan officer.

"We are honored to have successfully blended our two like-minded banks with an experienced team of bankers who live, work and play in the region, and who are committed to the same excellent service and community advocacy that is hallmark to our 33-year-old community bank. We look forward to providing customers with a broader array of banking services, expanded business lending capability and advocacy to help them grow and succeed," stated Daniel J. Doyle, president and CEO of Central Valley Community Bancorp and Central Valley Community Bank.

This marks the third acquisition for Central Valley Community Bancorp, which acquired Bank of Madera County on January 1, 2005 and Service 1st Bank on November 12, 2008. Central Valley Community Bancorp trades on the NASDAQ stock exchange under the symbol CVCY. Central Valley Community Bank, headquartered in Fresno, California, was founded in 1979 and is the sole banking subsidiary of Central Valley Community Bancorp. Central Valley Community Bank currently operates 21 full-service offices in Clovis, Exeter, Fresno, Kerman, Lodi, Madera, Merced, Modesto, Oakhurst, Prather, Sacramento, Stockton, Tracy and Visalia, California. Additionally, the Bank operates Commercial Real Estate Lending, SBA Lending and Agribusiness Lending Departments. Investment services are provided by Investment Centers of America and insurance services are offered through Central Valley Community Insurance Services LLC.

Members of Central Valley Community Bancorp's and the Bank's Board of Directors include: Daniel N. Cunningham (Chairman), Sidney B. Cox, Edwin S. Darden, Jr., Daniel J. Doyle, F. T. "Tommy" Elliott, IV, Steven D. McDonald, Louis McMurray, William S. Smittcamp, Joseph B. Weirick, and Wanda L. Rogers (Director Emeritus). More information about Central Valley Community Bancorp and Central Valley Community Bank can be found at www.cvcb.com. Also, visit Central Valley Community Bank on Twitter and Facebook.