New Director Appointed to the Board of Golden Valley Bancshares, Inc.

Rhea-AI Summary

Golden Valley Bancshares, Inc. (OTC PINK: GVYB) has appointed Thomas Hughes to its Board of Directors, expanding the board to twelve members. Hughes, a 32-year veteran from Interwest Insurance Services, brings extensive experience and community involvement to the position. He is an original shareholder of the bank and has held leadership roles in various local organizations. According to CEO Mark Francis, Hughes will enhance the board's skills and community commitment, supporting the bank's mission in Northern California.

Positive

• Appointment of Thomas Hughes adds expertise and community insight to the Board.
• Hughes's extensive experience in employee benefits and leadership roles may strengthen strategic decisions.
• Original shareholder status suggests a long-term commitment and alignment with the bank's interests.

Negative

• None.

CHICO, CA / ACCESSWIRE / January 24, 2022 / Golden Valley Bancshares, Inc. (OTC PINK:GVYB), with its wholly owned subsidiary, Golden Valley Bank, headquartered in Chico, California recently announced the appointment of Thomas Hughes as the newest member serving on their Board of Directors. This appointment expands the Board to twelve members.

Mr. Hughes recently concluded a thirty-two year career at Interwest Insurance Services, LLC, providing employee benefits to companies and organizations across the region. He is a graduate of California State University, Chico and received his Bachelor of Science degree in Business Administration. He has been a leader on a number of Boards and Committees in the community including Chairman of the Chico Community Scholarship Association, longtime member of Chico Noon Rotary and currently serves on the Enloe Foundation Board of Directors.

Mr. Hughes is an original shareholder of the Bank.

In announcing the appointment, President and CEO Mark Francis said, "Tom brings an impressive set of skills, wisdom and foresight to Golden Valley Bank. He has been very committed to serving the Chico area through his leadership in various business and community organizations and we are very happy he is the newest member of our Board."

Golden Valley Bancshares, a bank holding company with its wholly owned subsidiary, Golden Valley Bank is a locally owned and operated commercial bank serving the needs of individuals and businesses in Northern California. The Bank has full service offices in Chico and Redding, California. For more information regarding the bank please call (530) 894-1000 or visit goldenvalley.bank

Contact:
Mark Francis
(530) 894-4920
mfrancis@goldenvalley.bank

SOURCE: GOLDEN VY BANCSHARES INC.

View source version on accesswire.com:
https://www.accesswire.com/685251/New-Director-Appointed-to-the-Board-of-Golden-Valley-Bancshares-Inc

FAQ

Who is Thomas Hughes in relation to Golden Valley Bancshares?

Thomas Hughes is the newest member appointed to the Board of Directors of Golden Valley Bancshares, bringing over 32 years of experience in employee benefits and community leadership.

What impact could Thomas Hughes's appointment have on GVYB?

His appointment is expected to enhance the board's expertise and strengthen community engagement, which could positively impact company strategy.

When was Thomas Hughes appointed to the Board of Directors?

Thomas Hughes was appointed on January 24, 2022.

What is Golden Valley Bancshares's main area of business?

Golden Valley Bancshares operates as a locally owned and operated commercial bank serving individuals and businesses in Northern California.