Larry Hoff Named to Riverview Board of Directors

Rhea-AI Summary

Riverview Bancorp, Inc. (NASDAQ: RVSB) has appointed Larry Hoff, a state representative from Southwest Washington, to its Board of Directors. Hoff's background in the financial services industry and community involvement is expected to enhance the board's expertise. He expressed his honor in joining a community-focused bank that has been operational for nearly a century. Riverview Bancorp, with assets of $1.70 billion as of June 30, 2022, serves clients through 17 branches and has earned recognition as the Best Bank for the past nine years.

Positive

• Larry Hoff's appointment brings extensive financial services experience and local community commitment to the board.
• The company has been recognized as the Best Bank for nine consecutive years, highlighting its strong community presence.

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• None.

VANCOUVER, Wash., Oct. 04, 2022 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (NASDAQ GSM: RVSB) today announced the appointment of Larry Hoff, State of Washington Representative for Southwest Washington’s 18^th Legislative District, to the Board of Directors of Riverview Bank and Riverview Bancorp, Inc.

“Larry is a longtime resident of Southwest Washington and has been committed to the communities that we live and serve in. Larry’s extensive background in the financial services industry will complement the skills represented on the Board of Directors,” said Kevin Lycklama, President and Chief Executive Officer of Riverview Bancorp.

Mr. Hoff has served on the boards of Doernbecher Children’s Hospital Foundation, Clark County Department of Community Services and the Longview Noon Rotary. Mr. Hoff holds a Bachelor of Science degree from University of North Dakota in Accounting. “I am honored to serve on the Board of a local community bank that has served the area for almost 100 years,” said Hoff. “I am grateful to be a part of an amazing organization that supports its local communities and where decision making is done locally.”

Mr. Hoff brings to Riverview Bank experience in leadership, human relations (he currently is the ranking minority member of the House Labor and Workplace Standards Committee) and a career working in the financial industry.

About the Company

Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington – just north of Portland, Oregon, on the I-5 corridor. With assets of $1.70 billion on June 30, 2022, it is the parent company of the 99-year-old Riverview Bank, as well as Riverview Trust Company. The Bank offers true community banking services, focusing on providing the highest-quality service and financial products to commercial and retail clients through 17 branches, including 13 in the Portland-Vancouver area, and 3 lending centers. For the past 9 years, Riverview has been named Best Bank by the readers of The Vancouver Business Journal and The Columbian.

This press release contains statements that the Company believes are “forward-looking statements.” These statements relate to the Company’s financial condition, results of operations, plans, objectives, future performance or business. You should not place undue reliance on these statements, as they are subject to risks and uncertainties. When considering these forward-looking statements, you should keep in mind these risks and uncertainties, as well as any cautionary statements the Company may make. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known to the Company.

Contact:		Kevin Lycklama
		Riverview Bancorp, Inc. 360-693-6650

 

FAQ

Who is Larry Hoff and what role will he play at Riverview Bancorp?

Larry Hoff is the newly appointed member of the Board of Directors at Riverview Bancorp, bringing expertise in financial services and community leadership.

What is Riverview Bancorp's asset size as of June 30, 2022?

Riverview Bancorp has assets totaling $1.70 billion as of June 30, 2022.

How long has Riverview Bank been in operation?

Riverview Bank has been serving the community for almost 100 years.

What recognition has Riverview Bancorp received?

Riverview Bancorp has been named the Best Bank by local readers for nine consecutive years.

What experience does Larry Hoff bring to the Riverview Bancorp board?

Larry Hoff brings significant experience in leadership and human relations from his career in the financial industry.