Business
Exchange Bank Appoints Tom Duryea as Executive Vice President, Chief Banking Officer
Exchange Bank Appoints Tom Duryea as Executive Vice President, Chief Banking Officer.
About this update from Exchange Bank (santa Rosa, Ca)
[{"type":"text","content":"\nExchange Bank (OTC: EXSR) today announced the appointment of Tom Duryea as executive vice president and chief banking officer, reporting to Troy Sanderson, president and CEO. He will be responsible for contributing to the strategic direction of the bank with a focus on the customer facing areas including Retail, Wholesale Lending, Residential and Consumer Lending and Product Innovation and Delivery.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211116005853/en/Tom Duryea, Executive Vice President, Chief Banking Officer, Exchange Bank (Photo: Business Wire)\n“I am confident that the wealth of high-level experience that Tom brings to this position will serve the Bank well,” said Troy Sanderson, president and CEO.\n\n“I have a passion for community banking and I am honored to join the exceptional team at Exchange Bank,” said Duryea. “It is the hard work and imagination of local business owners that create the culture, lifestyle and experiences that make Sonoma County unique. I commit to focusing our team’s expertise in resourcing the finance needs of local business owners as we partner together to create resiliency, growth, opportunity and our shared future here in Sonoma County.”\n\nRecently, serving as CEO of Summit Bank in Oakland, CA, Tom had the distinct honor of leading the oldest woman-founded community bank in California.\n\nWhile working in Oakland, Duryea and his family maintained their primary residence in Healdsburg. His children were raised in Sonoma County where he has been a resident for 20 years, and he is excited to transition his professional life back to his home community.\n\nDuryea, formerly president and chief executive officer at Summit State Bank in Sonoma County, led the commercial bank for eight years. Under his leadership, the former savings and loan was successfully transformed to a top performing bank.\n\nAbout Exchange Bank\n\nHeadquartered in Sonoma County and founded in 1890, Exchange Bank is a premier community bank with assets of $3.5 billion. Exchange Bank provides a wide range of personal, commercial and trust and investment services with 18 retail branches in Sonoma County, a commercial branch in Roseville, and trust and investment offices in Santa Rosa, Roseville and Silicon Valley. The B...