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Veteran Banker Harvey J. Nickelson Appointed to Santa Cruz County Bank's Board of Directors


News provided by

Santa Cruz County Bank

Mar 21, 2012, 06:00 ET

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SANTA CRUZ, Calif., March 21, 2012 /PRNewswire/ -- Santa Cruz County Bank (SCZC.OB), a locally owned and operated full-service community bank headquartered in Santa Cruz County, today announced the appointment of Harvey J. Nickelson to its Board of Directors.  The appointment precedes the anticipated departure of Founding Director Steve John who will vacate his board seat in May of this year.

Chairman George Gallucci stated, "In May the Board of Directors will extend a fond farewell to one of the Bank's original Founders, Steve John. Steve's resignation from the board is the result of his acceptance of the position as CEO of the Monterey Peninsula Foundation, a non profit organization which stages the AT & T Pebble Beach National Pro-Am. Steve's participation, support, and guidance throughout the years will always be remembered and deeply appreciated. We are very fortunate to replace Steve with a new board member with considerable banking expertise and deep community connections. We welcome Harvey and look forward to his contributions to our board and Bank."

Steve John stated, "I have valued the many years spent together with the Board building our bank."

"It has been an honor and privilege to work with Steve John for the past 8+ years," commented President and CEO David V. Heald. He further stated, "I look forward to Harvey's contributions to the Board of Directors of Santa Cruz County Bank. His extensive banking knowledge and strong value for community engagement compliment our corporate culture."

In 1982 Harvey J. Nickelson founded Coast Commercial Bank, which was a highly regarded and well performing community bank. Harvey served as President and CEO of Coast Commercial Bank until 2003, then as a Marketing and Public Relations Consultant for Greater Bay Bancorp, which acquired Coast Commercial Bank. In his 40 year banking career, he has been recognized by numerous Chambers and community groups for his leadership and service in the community. Harvey currently serves as a Board Member of the Santa Cruz County Cancer Benefit Group.

ABOUT SANTA CRUZ COUNTY BANK

Headquartered in Santa Cruz, Santa Cruz County Bank is a full service community bank serving the banking needs of individuals and businesses throughout Santa Cruz County.  The Bank operates five full-service banking offices and two self-serve banking centers. The Bank's full-service banking offices are located in Aptos, Capitola, Santa Cruz, Scotts Valley and Watsonville. The Bank commenced operations on February 3, 2004 in Santa Cruz.

Santa Cruz County Bank's common stock is listed on the Over the Counter (OTC) Bulletin Board under the stock symbol SCZC. More information on the Bank may be obtained through its website: www.sccountybank.com or by calling 831.457.5000.

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

SOURCE Santa Cruz County Bank

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