Santa Cruz County Bank Announces Retirement of CFO Vic Davis

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SANTA CRUZ, Calif.

September 27, 2022

Santa Cruz County Bank www.sccountybank.com$1.7 billionVic Davis

Mr. Davis’ more than 43-year career in community banking began at County Bank and Trust in santa cruz, where he served as branch operations supervisor and budget manager. For ten years, he was chief financial officer of San Benito Bank in Hollister, California. During his career, he was also a senior level auditor and consultant for Bank Vision, Inc. He is a graduate of the Pacific Coast Banking School in Washington and is an Accredited ACH Professional and holds certifications as a Human Resources Professional and as a Community Bank Internal Auditor.

During his 14-year career at Santa Cruz County Bank, Mr. Davis managed the bank’s assets and liabilities, securities portfolio, and finance department, all of which grew 10-fold under his leadership. Additionally, Mr. Davis led the department through the recession, through system conversions and the merger with Lighthouse Bank and multiple complex equity-related transactions.

Krista SnellingPresident and Chief Executive Officer, said, “Vic has been a valued member of the bank and our management team for over 14 years. Under his leadership, the bank has grown significantly and our accounting has also become more complex, requiring continuous training, regulatory oversight and ever-changing financial acumen. Vic’s extensive experience and background in auditing was instrumental in his role. He will be greatly missed by our entire team.

ON SANTA CRUZ COUNTY BANK
Santa Cruz County Bank was founded in 2004. It is a premier, locally owned and operated, full-service community bank headquartered in Santa Cruz, California. The bank has seven branches–Aptos, Capitol, Cupertino, Monterey, santa cruz, Scott Valley and Watsonville. What sets Santa Cruz County Bank apart from the “big banks” is its relationship-based service, focus on problem solving, and direct access to decision makers. The bank is a leader SBA lender in Santa Cruz County and Silicon Valley and one of the top USDA lenders in the State of California. As a full-service bank, Santa Cruz County Bank offers competitive deposit and lending solutions for businesses and individuals. including business loans, lines of credit, commercial real estate finance, construction loans, asset based loans, agricultural loans, SBA and USDA government-backed loans, credit cards, merchant services, remote deposit capture, mobile and online banking, bill payment, and cash management. True to its community roots, the Santa Cruz County Bank has supported regional welfare by actively participating in and donating to local nonprofit organizations.

Shares of Santa Cruz County Bank are publicly traded on the OTC market under the symbol SCZC. Orders to buy shares can be placed online, through a brokerage firm, or through market makers listed in the Investor Relations section of the bank’s website. For more information about the Santa Cruz County Bank, visit www.sccountybank.com.

This release may contain forward-looking statements that are subject to risks and uncertainties. These risks and uncertainties may include, but are not limited to, interest rate fluctuations, inflation, government regulations and general economic conditions, as well as competition in the areas of business in which the Bank operates. its business, including the California real estate market and other factors beyond the Bank’s control. These risks and uncertainties could cause results for subsequent interim periods or for the full year to differ materially from those indicated. Readers should not place undue reliance on forward-looking statements, which reflect management’s views only as of the date hereof. The Bank undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.

Santa Cruz County Bank

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