Community banking

River Valley in California Names New President

By Sarah Todd January 02, 2014, 11:19 a.m. EST 1 Min Read

Meet & Greet: Bankers To Watch 2014

Who will be digesting key acquisitions? Proving themselves in new roles? Under pressure to make critical strategic decisions? Or facing big opportunity? The bankers to keep an eye on this year.

January 2
Community banking

Pacific Financial in Washington Names New Bank CEO

Pacific Financial (PFLC) in Aberdeen, Wash., has named a new leader for its bank.

By Chris Cumming

December 20

River Valley Community Bank in Yuba City, Calif., has named John M. Jelavich as its new president.

Jelavich, 49, succeeds his father, John I. Jelavich. The elder Jelavich, 73, who had led the $148 million-asset River Valley since its founding in 2006, will remain chief executive.

The younger Jelavich joined River Valley's senior management team in July 2010, recently serving as chief operating officer. He will continue to hold that post. Before joining River Valley, he spent 22 years at mortgage insurer PMI Group.

The younger Jelavich "has demonstrated his leadership in taking on a number of operational and strategic initiatives for the bank which have been instrumental in moving the organization forward," River Valley Chairman Gary Thiara said in a Tuesday press release. "His ability to be forward looking and execute effectively will serve the bank well at this stage of our growth."

Deputy Editor, BankThink

For reprint and licensing requests for this article, click here.

Community banking

MORE FROM AMERICAN BANKER

Payments

Mastercard using open banking to spot fraud, EU warms to Apple Pay policy

Mastercard launches service to fight instant-payment fraud, EU may green-light Apple's NFC-access plan, and more.

By Kate Fitzgerald

2h ago
Consumer banking

20 banks and thrifts with the most assets

The top five banks and thrifts had combined assets of more than $13 trillion as of December 31, 2023.

By Editorial Staff

7h ago
Regulation and compliance

'Through the looking glass': Jamie Dimon sounds off on regulatory burden

The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said.

By Catherine Leffert

10h ago
Litigation

If Supreme Court sides with CFPB, 'flurry' of litigation moves forward

Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.

By Kate Berry

April 23
Politics

Democrats push back against Corporate Transparency Act ruling

Lawmakers including one of the original sponsors of the Corporate Transparency Act have filed an amicus brief in the appeal against an Alabama court ruling that the law is unconstitutional, which would throw into question Treasury's newly-established beneficial ownership structure.

By Claire Williams

April 23
Commercial lending

'Credit darling' Webster Financial reports uptick in defaulted loans

The Connecticut bank —a regional traditionally regarded as a cautious lender — said nonperforming loans and leases rose 53% year-over-year. The uptick was in mostly the commercial-and-industrial loan space, although there was one nonperforming commercial real estate loan, executives said.

By Allissa Kline

April 23