Community Valley Bancorp
A Financial Holding Company
Chico, California USA | 1-888-842-8883

Corporate History

Butte Community Bank, a subsidiary of Community Valley Bancorp, is a progressive Northern California bank that combines traditional deposit and lending services with innovative banking solutions. Founded in December, 1990, Butte Community Bank is state-chartered with 14 branches in 11 cities including Anderson, Chico, Colusa, Corning, Magalia, Marysville, Oroville, Paradise, Red Bluff, Redding and Yuba City.

1990 Assets $5 million
  Aug Butte Community Bank founded by a group of distinguished citizens from Paradise and Oroville.
  Dec Butte Community Bank opens in Paradise and Oroville with 17 employees.
1991 Assets $25 million
1992 Assets $36 million
1993 Assets $45 million
  Jun Bank opens a branch in Magalia.
1994 Assets $57 million
1995 Assets $72 million
  Jan Bank opens a loan production office (LPO) in Chico.
1996 Assets $89 million
  Sep Bank opens a full-service branch at 2041 Forest Avenue in Chico.
1997 Assets $118 million
  Oct Yuba City branch opened in Sutter County.
1998 Assets $145 million
  Jun Central Services and Real Estate Loan Center is completed in Chico.
1999 Assets $158 million
  Mar New telecommunications network, centralized cash management department and call center.
  Jun Bank opens sixth full-service branch at the Albertson's Shopping Center in North Chico.
2000 Assets $214 million
  Feb Loan production office opened in Roseville.
2001 Assets $272 million
2002 Assets $337 million
  Feb Third Chico branch opened on Mangrove Avenue.
  Apr Yuba City branch relocated to Feather Down Shopping Center. We share space with Starbucks Coffee.
  Jun Community Valley Bancorp formed. Butte Community Bank is its principal asset.
2003 Assets $387 million
  May Redding Loan Production Office opened.
  Jun Magalia branch relocated to inside Holiday Quality Foods - Our first in-store branch.
  Jun Second Paradise branch opened at Clark and Wagstaff.
  Jul Roseville loan production office relocated to Citrus Heights.
  Sep Mangrove Center opened in Chico.
  Nov North Chico branch relocated.
2004 Assets $450 million
  May First Red Bluff branch opened.
  Jul First Marysville branch opened.
  Dec Butte Community Insurance Agency opens at Mangrove Center, Chico.
  Dec First Colusa branch opened.
2005 Assets $495 million
  Mar First Corning branch opened.
  Sep First full-service branch in Redding opened.
2006 Assets $550 million
  May Stock began trading on NASDAQ Capital Market with symbol CVLL on May 1, 2006.
  Jun Bank relocates to new Red Bluff location.
  Jul Bank relocates to new Redding location.
  Oct Bank relocates to new Marysville location.
  Nov Bank relocates to new Corning location.
2007 Assets $581 million
  Feb Bank launches internal Fraud Detection System.
  Jun Remodel of South Paradise branch complete.
  Jun Community Valley Bancorp launches new website.
  Aug Bank opens second Redding branch.
  Aug Bank opens first Anderson branch.
  Sep Bank launches online Home Loan Center.
  Oct Bank launches Remote Deposit for business customers.
2008 Assets $590 million
  Jan Bank introduces Simply Free Personal Checking products.
  Mar Community Valley Bancorp announces tender offer.
  Apr Bank launches Community Workshops.
  Jun Bank offers North State fire recovery assistance.
  Jun Bank introduces Fraud Protection Plus™
  Jul Bank introduces Simply Free Business Checking products.
2009 Assets $581 million
  Sep Stock voluntarily delisted from NASDAQ Capital Market on September 25, 2009.
  Sep Stock began trading on OTC Bulletin Board on September 28, 2009.