Riverview Community Bank Promotes Chief Financial Officer, Kevin Lycklama, to Executive Vice President


VANCOUVER, Wash., July 23, 2009 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq:RVSB), Riverview Community Bank is pleased to announce the promotion of Chief Financial Officer, Kevin Lycklama, to Executive Vice President. "Kevin has performed as Chief Financial Officer since February 2008. He has proven his abilities and has expanded the scope of his managerial skills," said Ron Wysaske, President and Chief Operating Officer of Riverview Community Bank. "He has become a key member of management during these challenging economic times. His professionalism and energy have proven invaluable in many ways and I look forward to working with him as we continue to chart a successful course for Riverview."

Mr. Lycklama has been with Riverview since 2006, and has served as Controller, Senior Vice President, and CFO for Riverview Community Bank and Riverview Bancorp, Inc. Prior to joining Riverview, he was as an Audit Manager for an Oregon CPA firm. Mr. Lycklama holds a Bachelor of Arts degree in Business Administration from Washington State University Vancouver, and is an Oregon CPA, a member of the American Institute of Certified Public Accountants, the Oregon Society of CPAs, and a member of the Financial Managers Society.

About the Company

Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington - just north of Portland, Oregon on the I-5 corridor. With assets of $920 million, it is the parent company of the 86 year-old Riverview Community Bank, as well as Riverview Mortgage and Riverview Asset Management Corp. There are 18 branches, including ten in fast growing Clark County, three in the Portland metropolitan area and four lending centers. The Bank offers true community banking services, focusing on providing the highest quality service and financial products to commercial and retail customers.

Statements concerning future performance, developments or events, concerning expectations for growth and market forecasts, and any other guidance on future periods, constitute forward-looking statements, which are subject to a number of risks and uncertainties that might cause actual results to differ materially from stated objectives. These factors include but are not limited to: RVSB's ability to acquire shares according to internal repurchase guidelines, regional economic conditions and the company's ability to efficiently manage expenses. Additional factors that could cause actual results to differ materially are disclosed in Riverview Bancorp's recent filings with the SEC, including but not limited to Annual Reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K.



            

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