[May 23, 2018]

Golden Valley Bank's President & CEO, Mark Francis and Tom Lando Awarded Small Business Advocates of the Year

Golden Valley Bank (OTCBB: GVYB) headquartered in Chico, California announced today that their President and CEO, Mark Francis and Tom Lando were awarded Small Business Advocates of the Year by California Chamber of Commerce (CalChamber). Tom was also the very first Shareholder of Golden Valley Bank stock. CalChamber is a not-for-profit business advocate and HR compliance resource for California employers. Headquartered a few blocks from the State Capitol, they lobby for pro- job policies and track more than 3,000 legislative proposals each year. Each year since 1996, the CalChamber has recognized several small business owners who have done an exceptional job with their local, state and national advocacy efforts on behalf of small businesses. Honorees are nominated by local chamber of commerce executives.

Mark Francis and Tom Lando's work leading the Task Force on City Revenues & Expenditures was recognized at the Capitol Summit in Sacramento. From the Chamber Special Report (January 2018), "the Task Force on City Revenues & Expenditures was created by unanimous vote of the Chico Chamber of Commerce Board of Directors in early 2017 to advance the Community Vision. The intent of the Task Force was t explore current and projected revenues of the City of Chico, current and projected expenditures, potential new sources of revenue and cost savings, and costs of needed improvements to increase the quality of life." You can read the full Special Report at the Chico Chamber website.

Katie Simmons, President and CEO of the Chico Chamber had this to say about the recognition, "The Chico Chamber is incredibly fortunate to have a Board of Directors full of small business advocates. They make our Chamber and our community successful. Mark Francis and fellow recipient Tom Lando typify outstanding Board leadership through their work heading up the Task Force on City Revenues & Expenditures in 2017. Task Force conclusions represent the priorities of the business community and pave the way for civic leadership through challenging economic times. Their groundbreaking analysis will resonate for years to come and will move Chico forward in measurable ways. We are so proud of their work and this well-deserved recognition from CalChamber."

Golden Valley Bank is a locally owned and operated commercial bank serving the needs of individuals and businesses in northern California. The Bank has a full service office in Chico, California and a Loan Production Office in Redding, California. For more information regarding the Bank please call 530-894-1000 or visit www.goldenvalley.bank.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180523006465/en/

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