Pacific Valley Bank Announces New Shareholder Investment by Taylor Fresh Foods [Yahoo! Finance]
PACIFIC VALLEY BANCORP (PVBK)
Company Research
Source: Yahoo! Finance
announced that Taylor Fresh Foods, parent company of the Taylor Farms operating companies, has acquired a 16.3% ownership stake in the bank. The investment represents a significant minority position by a locally based, family-owned company with long-standing operations in the Salinas Valley. "For more than two decades, Pacific Valley Bank has operated as a locally owned community bank focused on relationship-based banking and disciplined growth," said Anker Fanoe, CEO of Pacific Valley Bank. "This investment supports our long-term strategy, reinforces our local ownership structure, and strengthens our capital base while preserving independent governance and local decision-making." Taylor Farms is a family-owned agricultural company headquartered in Salinas, California, with production facilities across North America and Europe. The company's investment aligns with Pacific Valley Bank's focus on serving small and medium-sized businesses, agricultural enterprises, nonprofit organiza
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