Citizens Bancorp Announces New Chief Executive.NEVADA CITY, Calif. -- Kenneth E. Baker, Chairman of the Board of Citizens Bancorp (the Company) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CZNB), announced today that 36-year banking veteran Gary Gall has been named President/Chief Executive Officer of Citizens Bancorp and subsidiary, Citizens Bank of Northern California Northern California, sometimes referred to as NorCal, is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the state capital, Sacramento; as well as the substantial natural beauty of the redwood forests, the northern . Gall, whose career includes his former role as President/Chief Executive Officer of Western Sierra Bancorp, succeeds Judy Hess, who remains with the Bank as Chief Banking Officer working directly with Gall. "It has been an honor to lead our Bank, along with our Board of Directors, through its growth and direction over the past six years," said Hess. "With the severity of today's economic times it became clear to the Board and myself that Gary Gall's specific strengths and vast experience were needed to lead our Bank into the future. Having known Gary and Western Sierra Bancorp's success in the past, makes me very excited to be a part of this dynamic team that will lead our Bank into the future." Gary Gall's entire career has been devoted to community banking and he believes in the sustaining value it brings to local businesses, individuals and the community. Prior to his 13 years with Western Sierra he was President/CEO of Delta National Bank in Manteca for six years. During his tenure at Western Sierra Bancorp he led a dedicated team that grew assets from $50 million with four branches to over $1.2 billion and 31 branches within a multi-bank holding company environment. Under his leadership the bank successfully negotiated and completed the merger or acquisition of six other community banks between 1999 and 2005. Western Sierra, who joined NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on in 1999, was also recognized nationally for performing in the top 5% of community banks in 2004. Gall's depth of varied banking experience will be an asset to the Bank, our shareholders and our customers as we work through these unprecedented economic times. Gall has been a member of the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. for Simpson University
Simpson offers undergraduate degree programs through its four major schools: Theology and Ministry; Business and Humanities; Natural, in Redding Redding, city (1990 pop. 66,462), seat of Shasta co., N central Calif., on the Sacramento River; inc. 1872. A principal tourist center for a mountain and lake region, it also has lumbering, food-processing, and diverse manufacturing. , CA since 1998, a Past President of the California Community Bankers, a charter member of the El Dorado El Dorado, legendary country of South America El Dorado (ĕl`dərä`dō, –rā`–) [Span.,=the gilded man], legendary country of the Golden Man sought by adventurers in South America. County Boys and Girls boys and girls mercurialisannua. Club and is a Past President of Cameron Park Cameron Park is the name of several places: :
"Our Bank will draw on Gary's deep experience in local and regional banking and his commitment to community banking as we approach our 15th year in serving the needs of businesses and individuals in Nevada and Placer Counties," said Chairman Ken Baker. He added, "We're pleased to have Gary as part of our Board and Bank team." Gall stated, "I have always had an admiration and respect for Citizens Bank and its strong commitment to the community as well as its high-touch customer service. I look forward to leading the Bank and being a part of its future." He added, "I have always enjoyed visiting Nevada County for its beauty and culture. It will now be my pleasure to work in as well as be an integral part of the community." Founded in February 1995, Citizens Bank, headquartered in Nevada City, became a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of the Company in 2003. The Bank has six branches in Nevada County including Grass Valley, Penn Valley, Lake of the Pines, Truckee and their flagship branch and corporate headquarters in Nevada City. The Bank has also expanded into Placer County with a branch in downtown Auburn. The Bank offers community banking services, including a wide variety of deposit products, commercial, residential and consumer loans, and other traditional banking products and services, designed to meet the needs of small and middle market businesses and individuals. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6019995&lang=en |
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