Exchange Bank Announces Stacey Powers, Vice President, Commercial Relationship Manager

Rhea-AI Summary

Exchange Bank (OTC: EXSR) has welcomed Stacey Powers as VP and commercial relationship manager to enhance its Commercial Banking team. With over 35 years of banking experience, Powers aims to drive new relationship growth in the North Bay and Sacramento County regions. She has a rich history working with several banking institutions, including Rabobank and American River Bank, focusing on commercial loans and community support. Exchange Bank, founded in 1890, boasts assets of $3.5 billion and is committed to serving its local community.

Positive

• Stacey Powers has over 35 years of banking experience, which could enhance the bank's client relationships.
• Her appointment is aimed at driving new relationship growth in key regions, potentially expanding the customer base.

Negative

• None.

SANTA ROSA, Calif.--(BUSINESS WIRE)-- Exchange Bank (OTC: EXSR) welcomes Stacey Powers, VP, commercial relationship manager, to Exchange Bank’s Commercial Banking team reporting to Steve Herron, SVP, commercial banking manager. Stacey brings over 35 years of experience in the banking industry to her role at Exchange Bank, where her primary focus will be to drive new relationship growth throughout the North Bay and Sacramento County regions.

Stacey Powers, Vice President, Commercial Relationship Manager, Exchange Bank (Photo: Business Wire)

Stacey began her banking career at North Bay Savings Bank in the Residential Real Estate, Commercial and Consumer Credit groups. After it was acquired by Bank of the West in 1996, Stacey held positions as the commercial/business officer and retail banking manager and was awarded the President’s Club Award for building branch teams that provided the highest level of service while assisting businesses within the community. Stacey joined Rabobank in 2016 as a business banking officer, helping to grow commercial loans throughout Napa and Sonoma counties. In 2018, Stacey transitioned to American River Bank as a commercial relationship/business banking officer focusing on providing commercial loans to the businesses in the community and assisting with PPP loans during the pandemic.

Stacey attended Santa Rosa Junior College and has completed a certification in the AMA Negotiation Program. She is active in the community and has served on various boards including Vintage Cutting Horse Association and Petaluma Riding and Driving Club. Stacey is a past 4-H leader in the Sheep and Dairy projects as well as a past member of Petaluma Valley Rotary Club and the American Business Women Association. Stacey has also been on the committee for the Sonoma-Marin Fair’s Farmer’s Day and the Sonoma County Fair’s Ms. Wine Country Rodeo Pageant.

About Exchange Bank
Headquartered in Sonoma County and founded in 1890, Exchange Bank is a full-service community bank with assets of $3.5 billion. Exchange Bank provides a wide range of personal, commercial and trust and investment management services with 16 retail branches in Sonoma County, a commercial branch in Roseville and Trust & Investment Management offices in Santa Rosa, Roseville and Silicon Valley. The Bank’s legacy of financial leadership and community support is grounded in its core values of commitment, respect, integrity and teamwork. Exchange Bank is known for its people who care about their customers, their company and the communities where they live and work. Exchange Bank is a 17-year winner of the North Bay Business Journal’s Best Places to Work survey and the 2022 San Francisco Business Times Corporate Philanthropy Award. Exchange Bank was named Best Consumer Bank by the NorthBay biz Magazine’s Best of the North Bay readers’ poll. The Sonoma Valley People’s Choice Awards and Petaluma Argus Courier People’s Choice Awards both named Exchange Bank Best Local Bank 2022 and the Bohemian Magazine’s Best of the North Bay 2022 named Exchange Bank Best Business Bank and Best Consumer Bank. www.exchangebank.com

Member FDIC — Equal Housing Lender — Equal Opportunity Employer

View source version on businesswire.com: https://www.businesswire.com/news/home/20220815005124/en/

Carolyn Cole-Schweizer

Marketing Services Manager

Exchange Bank

PO Box 403

Santa Rosa, CA 95402

707.541.1250

Carolyn.ColeSchweizer@exchangebank.com

Source: Exchange Bank

FAQ

What is the significance of Stacey Powers joining Exchange Bank (EXSR)?

Stacey Powers' extensive experience in banking aims to enhance client relationships and drive growth in key regions for Exchange Bank.

How many years of experience does Stacey Powers have in the banking industry?

Stacey Powers brings over 35 years of experience in the banking industry to Exchange Bank.

What are the primary goals for Stacey Powers at Exchange Bank (EXSR)?

Her primary focus will be to drive new relationship growth throughout the North Bay and Sacramento County regions.

What is Exchange Bank's (EXSR) total assets?

Exchange Bank has total assets of $3.5 billion.

When was Exchange Bank (EXSR) founded?

Exchange Bank was founded in 1890.