Exchange Bank (OTC:EXSR) announces that it has named Troy Sanderson to be Executive Vice President and Chief Banking Officer, reporting to President and CEO Gary Hartwick, beginning October 15, 2018. He will be responsible for contributing to the strategic planning and direction of the bank, overseeing customer relationship growth, and insuring compliance with operating policies and regulatory requirements. He will lead and support Exchange Bank’s team of professionals including Retail Banking, Information Technology, Risk Management, and Strategic Initiatives/Marketing.

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Troy Sanderson, Executive Vice President & Chief Banking Officer, Exchange Bank (Photo: Business Wire)

“Troy is a longtime resident of Sonoma County—his family has been in Petaluma for over 100 years,” said Gary Hartwick, President and CEO. “His strong knowledge of the local banking market brings leadership that will enhance our delivery of products and services. He’ll add strength to our ongoing efforts to meet our customers’ needs in an ever-changing industry.”

During his banking career, Mr. Sanderson has had the opportunity to work in loan production, credit administration, regional sales management, branch management, risk management and training. Most recently he served as the President and Chief Credit Officer of Bank of Rio Vista. A graduate of California State University, Sacramento with a degree in Business Administration, Sanderson completed the Pacific Coast Banking School, graduating with honors. He spent 10 years on the Petaluma City School Board of Education, five years as president of Petaluma National Little League, and recently served as a director in the Solano County Farm Bureau.

About Exchange Bank

Headquartered in Sonoma County and founded in 1890, Exchange Bank is a premier community bank with assets of $2.6 billion. Exchange Bank provides a wide range of personal, commercial and trust and investment services with 18 branches in Sonoma County and a commercial and SBA lending office in Roseville and Marin, California. The Bank’s legacy of financial leadership and community support is grounded in its core values of Commitment, Respect, Integrity and Teamwork.

Exchange Bank is a 13-time winner of the North Bay Business Journal’s Best Places to Work survey, a recipient of the 2018 North Bay Community Philanthropy Award and the 2017 Healthiest Companies in the North Bay Award. NorthBay biz magazine named Exchange Bank the 2018 Best Consumer Bank and Gold Medal Winner for Best Business Bank. The North Bay Bohemian’s “Best of 2018” Readers Poll named Exchange Bank the Best Business Bank and Best Consumer Bank. Exchange Bank can also be found in the North Bay Business Journal’s listing of leading SBA 7(a) Lenders, Wealth Management Advisors and Wine Industry Lenders. www.exchangebank.com.

Member FDIC — Equal Housing Lender — Equal Opportunity Employer

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