Central Valley Community Bank Expands Offices, Service Markets and Financial Services to the Valley.

The Bank Has Announced 2007 Plans for Existing Branch Expansion, a Move Into the Modesto Region for Commercial Lending and Has Signed Agreements to Offer Insurance Services under Central Valley Community Insurance LLC 

CLOVIS, Calif. -- Daniel J. Doyle, President and Chief Executive Officer of Central Valley Community Bank (Bank), the sole subsidiary of Central Valley Community Bancorp (Company) (NASDAQ:CVCY), is pleased to announce 2007 plans to continue 2006 facility growth with the opening of two newly constructed branches in Clovis and Kerman that will take the place of smaller existing offices, the opening of a new loan production office in Modesto, and the remodel of the Bank's Clovis Main office. Additionally, Central Valley Community Bancorp has entered into a partnership to provide insurance services through Central Valley Community Insurance Services LLC, under an agreement with Point West Administrators Insurance Services which was completed as of December 2006.

2007 Kerman Facility Expansion: Central Valley Community Bank will relocate its existing Kerman office, which opened in 2002 to a larger facility currently under construction in downtown Kerman at 360 S. Madera Avenue in first quarter 2007. The new 3,600 square foot, beautifully landscaped office will house the existing team of 5 full-time banking professionals and will feature full service banking, commercial and agribusiness lending, and banking conveniences including a drive-up teller.

2007 Herndon and Fowler Facility Expansion: Central Valley Community Bank will begin construction on a new Clovis office in second quarter 2007. The new stand-a-lone branch will take the place of the smaller office currently housed inside the Save Mart Supermarket at northeast corner of Herndon and Fowler Avenues. The expanded 3,000 square foot office is expected to open late third quarter 2007 on the northwest corner of Herndon and Fowler Avenues. This office will include 5 full-time professional banking positions and will feature full service banking, commercial lending and a variety of banking conveniences for customers not available in the current Save Mart Supermarket location including a drive-up teller.

2007 Modesto Facility Expansion: Central Valley Community Bank will expand into the Modesto market with a loan production office by second quarter 2007. This office will house professional lending officers who will service existing business in the region while expanding lending opportunities for the Bank in the area of real estate, SBA and agribusiness.

2007 Central Valley Community Insurance Services LLC: Central Valley Community Insurance Services LLC (CVCIS) will provide financial and insurance solutions in the areas of employee group benefits, medical and dental, payroll services, retirement plans, property and casualty insurance, workers' compensation, general and business liability coverage, and strategic business planning services. CVCIS will be available in first quarter 2007 and will be housed at the Clovis Main office on Pollasky Ave. Dedicated agents will be responsible for developing new business, as well as servicing existing business banking customers of Central Valley Community Bank.

2007 Clovis Main Office Remodel: Central Valley Community Bank's Clovis Main office will undergo a remodel and facelift beginning first quarter 2007. The remodel design will convert this office into more of a traditional branch and will provide dedicated space for the new Central Valley Community Insurance LLC. Previously the Clovis Main office housed some of the Bank's customer service departments which were relocated to the new Financial Drive Corporate office in fall 2006.

"It is fulfilling to watch our Company grow throughout the Valley by providing excellent financial products and services and what we believe is true community banking service backed by the unchanged values and ownership that have kept Central Valley Community Bank strong since its inception in 1980," stated Dan Doyle, President and CEO of Central Valley Community Bancorp and Central Valley Community Bank.

The Bank's 2007 facility expansion plan follows an eventful 2006 with addition of a new branch in Fresno's Downtown area in February and a second office in the Sunnyside region in November. Both offices are located in new areas within the core Fresno market allowing the Bank to better serve existing customers at work, home or play. In October the Bank consolidated five Clovis Campus service and administrative offices into a 25,000 square foot Financial Drive Corporate office, which better positions the Bank for employee retention and growth, as well as provides increased customer service and support for the future. In addition, the Foothill office in Prather underwent an internal facelift and upgraded landscaping was completed at the Clovis Main office.

Central Valley Community Bancorp trades on the NASDAQ stock exchange under the symbol CVCY. Central Valley Community Bank, headquartered in Clovis, California, was founded in 1979 and is the sole subsidiary of Central Valley Community Bancorp. Central Valley Community Bank currently operates twelve offices in Clovis, Fresno, Kerman, Madera, Oakhurst, Prather and Sacramento. Additionally, the Bank operates Commercial Real Estate Lending, SBA Lending and Agribusiness Lending Departments. Investment services are also provided by Investment Centers of America. Members of Central Valley Community Bancorp's and the Bank's Board of Directors are: Daniel N. Cunningham (Chairman), Sidney B. Cox, Edwin S. Darden, Jr., Daniel J. Doyle, Steven D. McDonald, Louis McMurray, Wanda L. Rogers, William S. Smittcamp, and Joseph B. Weirick.

More information about Central Valley Community Bancorp and Central Valley Community Bank can be found at www.cvcb.com.

Forward-looking Statements - Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained herein that are not historical facts, such as statements regarding the Company's current business strategy and the Company's plans for future development and operations, are based upon current expectations. These statements are forward-looking in nature and involve a number of risks and uncertainties. Such risks and uncertainties include, but are not limited to (1) significant increases in competitive pressure in the banking industry; (2) the impact of changes in interest rates, a decline in economic conditions at the international, national or local level on the Company's results of operations, the Company's ability to continue its internal growth at historical rates, the Company's ability to maintain its net interest margin, and the quality of the Company's earning assets; (3) changes in the regulatory environment; (4) fluctuations in the real estate market; (5) changes in business conditions and inflation; (6) changes in securities markets; and (7) the other risks set forth in the Company's reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2005. Therefore, the information set forth in such forward-looking statements should be carefully considered when evaluating the business prospects of the Company.