Contact Information: Contact: Ron Martin/Rick McCarty Phone: (209) 848-2265 www.ovcb.com www.escbank.com
Oak Valley Bancorp to Pay Cash Dividend
| Source: Oak Valley Bancorp
OAKDALE, CA--(Marketwire - February 4, 2009) - Oak Valley Bancorp (NASDAQ : OVLY ), the bank
holding company for Oak Valley Community Bank and Eastern Sierra Community
Bank, recently declared a cash dividend. The payout reflects the dividend
being paid for the fourth quarter of 2008. This is the 13th consecutive
year in which Oak Valley has paid a dividend to investors and the payout
continues the quarterly payment schedule which was adopted in 2008.
The Board of Directors of Oak Valley Bancorp, at their meeting on February
3, 2009, declared the payment of a cash dividend of two and one-half cents
per share to shareholders of record at the close of business on February
18, 2009, with a corresponding payable date of March 4, 2009.
Oak Valley Bancorp operates Oak Valley & Eastern Sierra Community Bank,
through which it offers a variety of loan and deposit products to
individuals and small businesses. The Company currently operates through 12
conveniently located branches: Oakdale, Sonora, Turlock, Stockton,
Patterson, Ripon, Escalon, two branches in Modesto, and three branches in
their Eastern Sierra Division, which includes Bridgeport, Mammoth Lakes and
Bishop.
For more information call 1-866-844-7500 or visit us online at
www.ovcb.com.