Oak Valley Community Bank to Open New Branch in Lodi
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Oak Valley Community Bank, a subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), has received regulatory approval to open its 19th branch in Lodi, California, scheduled for mid-2025.
January 29, 2025 | 12:30 am
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Oak Valley Bancorp has received regulatory approval to open a new branch in Lodi, California, expanding its footprint to 19 branches.
The opening of a new branch indicates growth and expansion for Oak Valley Bancorp, which is generally positive for the company's stock. The regulatory approval is a key step in this process, suggesting a smooth path forward.
CONFIDENCE 95
IMPORTANCE 70
RELEVANCE 90