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-0.0138274336283184 -0.0138274336283184 -0.0138274336283184 -0.0138274336283184 -0.0138274336283184 0.0221238938053099 0.0221238938053099 0.0221238938053099
Stock impact report

Oak Valley Community Bank Receives ‘Outstanding’ Community Reinvestment (CRA) Rating

Oak Valley Bancorp (CA) (OVLY) 
US:NASDAQ Investor Relations: investors.ovcb.com
Company Research Source: GlobeNewswire
OAKDALE, Calif., Feb. 21, 2020 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that it received an “Outstanding” rating, the highest possible, for its community development and lending efforts in their recent Community Reinvestment Act (CRA) Performance Evaluation from the Federal Reserve Bank of San Francisco. The bank earned a “Satisfactory” rating on the evaluation’s Lending test and an “Outstanding” on the Community Development test. The performance demonstrated excellent responsiveness to the community development needs of its assessment areas through community development loans, investments, and services. “Building the strength of the communities we serve is one of our fundamental core values at Oak Valley,” commented Chris Courtney, President and CEO. The bank and our employees are dedicated to supporting the non-profit community within our service areas. Earning an Outstanding CRA rating in this latest Show less Read more
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