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Central Valley Community Bank: A Comprehensive Guide

By Hafsa Binte Omar

Central Valley Community Bank is a California-based commercial bank that was founded in 1980. The bank operates from its headquarters in Fresno, and it has branches located throughout the Central Valley region of California.

Central Valley Community Bank: A Comprehensive Guide

In this comprehensive guide, we will explore everything you need to know about Central Valley Community Bank. From its history and mission to its services and products, we’ve got you covered. So, let’s get started.

History of Central Valley Community Bank

Central Valley Community Bank was established on November 14, 1980, with an initial capital of $3 million. The founders of the bank were community members who recognized the need for a local financial institution that could serve the unique needs of businesses and individuals in the Central Valley region.

Over the years, Central Valley Community Bank has grown significantly. Today, it has assets worth over $1.6 billion and operates 20 branches located throughout California’s Central Valley region.

Mission Statement

Central Valley Community Bank’s mission is "to enhance shareholder value while providing superior customer service by developing long-term relationships built on mutual trust."

The bank is committed to achieving this mission by offering exceptional products and services that meet the unique needs of its customers. Additionally, they strive to build lasting relationships with their clients based on mutual trust and respect.

Products and Services

Central Valley Community Bank offers a wide range of financial products and services designed to meet the needs of individuals, businesses, and organizations in the Central Valley region. Here are some of their key offerings:

Personal Banking Products

  • Checking Accounts: Central Valley Community Bank offers several types of checking accounts with no monthly maintenance fees.
  • Savings Accounts: Customers can choose from several savings account options that offer competitive interest rates.
  • Money Market Accounts: This account provides higher interest rates than traditional savings accounts.
  • CDs (Certificate of Deposit): A CD is a time deposit that allows you to earn a fixed interest rate over a specific period.

Business Banking Products

  • Checking Accounts: Central Valley Community Bank offers a range of checking accounts designed to meet the unique needs of businesses.
  • Loans and Credit Lines: The bank provides business loans and credit lines to help companies grow and expand their operations.
  • Cash Management Services: These services include online banking, mobile banking, remote deposit capture, and more.
  • Merchant Services: Central Valley Community Bank partners with leading merchant services providers to offer businesses seamless payment processing solutions.

Community Involvement

Central Valley Community Bank is committed to giving back to the communities it serves. The bank supports local nonprofits, schools, and community organizations through donations and volunteer work.

Through its Employee Volunteer Network program, Central Valley Community Bank encourages its employees to get involved in community service projects. This program has allowed the bank’s employees to donate thousands of hours of their time each year to support local causes.

Awards and Recognition

Central Valley Community Bank has received numerous awards and recognition for its commitment to customer service, community involvement, and financial performance. Here are some of the notable accolades earned by the bank:

  • Forbes’ Best Banks in America (2019)
  • American Banker’s Top 200 Publicly Traded Community Banks (2019)
  • The Fresno Bee People’s Choice Award for Best Local Bank (2018)

Conclusion

Central Valley Community Bank is an outstanding financial institution that has been serving the Central Valley region since 1980. With its commitment to exceptional customer service, innovative products and services, strong community involvement, and financial excellence, it’s no wonder why this bank continues to be recognized as one of the best banks in America.

If you’re looking for a reliable local bank that can provide you with personalized service tailored to your unique needs, then look no further than Central Valley Community Bank.

FAQs

What is Central Valley Community Bank?

Central Valley Community Bank is a financial institution that provides banking services to individuals, businesses, and communities in Central California.

What types of accounts does Central Valley Community Bank offer?

Central Valley Community Bank offers a range of personal and business banking accounts, including checking, savings, money market, CDs, IRAs, and loans.

How can I open an account with Central Valley Community Bank?

You can open an account with Central Valley Community Bank by visiting one of their branches or applying online. You will need to provide personal information such as your name, address, social security number, and identification.

Does Central Valley Community Bank offer mobile banking?

Yes, Central Valley Community Bank offers mobile banking through their app which allows you to check balances, transfer funds, pay bills and deposit checks from your smartphone or tablet.

Can I use my ATM card at any ATM?

Yes, you can use your ATM card at any ATM that displays the Visa logo. However depending on the type of account you have there may be fees for using non-Central-Valley-Community-Bank ATMs.

What is the minimum balance required to open a checking account at Central Valley Community Bank?

The minimum balance required to open a checking account at Central Valley Community Bank varies depending on the type of account you choose but typically ranges between $100-$300.

Does Central Valley Community Bank offer online bill pay services?

Yes! Online Bill Pay is provided without charge for eligible checking accounts when used for paying bills within these United States (excluding US territories).

How many branches does Central Valley Community Bank have?

As of 2021 there are currently 19 branches spread throughout the Central California region.

What are the benefits of using Central Valley Community Bank over other banks?

The benefits of using Central Valley Community Bank include personalized service, competitive interest rates, and local decision-making. Being a community bank they are able to focus on their customers and provide customized solutions to match their needs.

Can I apply for a loan with Central Valley Community Bank?

Yes! Central Valley Community Bank offers loans for personal, business, real estate and other types of financial needs. You can submit an application online or visit one of their branches to speak to a loan officer.

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Hafsa Binte Omar

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