Blue Valley Ban Corp. in Overland Park, Kan., has named an executive from a large investor in the company to its board.
The $616 million-asset company appointed Tony Scavuzzo to its board on Thursday, according to an Aug. 19 news release. Scavuzzo is a principal at Castle Creek Capital, a Rancho Santa Fe., Calif., investment firm.
"Tony brings additional financial institution expertise and knowledge to the Board and we welcome his membership," Blue Valley's chairman and chief executive, Robert Regnier, said in the release.
Blue Valley did not disclose if Scavuzzo is filling a board vacancy or if it's a new seat. The company could not be reached for comment.
Castle Creek is an investor in several community banks nationwide, including the $4.1 billion-asset First NBC Bank Holding in New Orleans and the $2.3 billion-asset Guaranty Bancorp in Denver. Blue Valley did not disclose the size of Castle Creek's stake in the company.