About Us

 

Who We Are

At Golden Valley Bank we pride ourselves on delivering an experience unlike any other. Take our commitment to customers, staff and community - the foundation of true community banking. It's our passion to help businesses grow, help make dreams a reality and better our local economy and community. We believe this passion for our community starts with our employees. Encouraging our staff to be involved in the organizations and non-profits who strive to make a difference allows them to connect, engage and better understand community needs. The power of community starts at home with our Golden Valley Bank family.

Join Our Team Board of Directors Community Foundation

Vision

Our vision is to be the Best Bank in Town!

Mission

Our mission is to create a truly unique, local banking experience for our customers, employees, community and shareholders.

Core Values

The Golden Valley Bank Standard


The Golden Valley Bank Standard

Absolutely outstanding customer service, uncompromised in every way

  • We are easily accessible to our customers and build lasting relationships while showing genuine care and concern for others.
  • We do what we say we are going to do and when we say we are going to do it.
  • We seek out ways of going above and beyond in exceeding the expectations of our customers.
  • We always place long term relationships over short term revenue.

Development and retention of knowledgeable, empowered, professional bankers

  • Our employees are our greatest asset. It is our responsibility to hire and develop knowledgeable, professional bankers who can be empowered to make decisions in the best interests of our customers and the bank.
  • We treat our employees fairly and with dignity and reward them for high performance, innovation, creativity, teamwork and dedication to outstanding customer and community service.

Unparalleled community leadership

  • We are a center of business activity, a community focal point for ideas and strategies benefiting small business and community organizations.
  • We encourage and support our employees taking leadership positions in community organizations.
  • We are responsible to our environment and give special consideration to those who share our beliefs

Active and committed local ownership

  • Local ownership ensures our commitment to the community, knowledge of the local business issues and environment, and clear recognition of the opportunities that they present.
  • Owning our shares is a privilege that comes with the responsibility to play an active role in our success by sharing our vision with the community while providing constructive feedback to management when appropriate.
  • We respect our shareholders financial commitment and understand our responsibility to provide an appropriate return on their investment.

The highest of corporate standards

  • We follow the highest standards of corporate governance and are committed to earn our employees, customers, suppliers and shareholders trust.
  • We maintain the confidentiality of our customers.
  • We treat all with respect and dignity.

History

In early 2004 several local Chico business people recognized the service void that had been created when three local banks were purchased by larger financial institutions, some headquartered out of state. These mergers created an opportunity for a new locally owned and managed, true community bank run by Directors, Shareholders, Officers and Staff that live in the community. As their idea spread, it was met with overwhelming local approval. The Organizing Group grew to 28 local business and professional people, and the new Community Bank began to take form.

Applications were submitted to state and national banking authorities, committees established, consultants hired, business plans finalized and a location identified. By the third quarter of 2005 all three executive officers of the new bank were on board and Board officers elected. Construction of the new building soon began on Cohasset Road in Chico. The applications were approved by the banking regulators in December of 2005 and the initial stock offering opened in January to a tremendous response. In just 13 business days investor dollars poured into the new Bank. The sale was closed with 406 local shareholders and $15.4 million in capital. On April 24, 2006 the Bank opened to its' Founders, Organizers and Directors, and on May 1, 2006 to the general public.

Golden Valley Bank has grown to offer two locations; our headquarters located in Chico, CA and a Business Banking Center located in Redding, CA which opened in 2018.

In 2020, Golden Valley Bancshares, Inc. was created as the holding company of Golden Valley Bank.

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