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Advisory Board

Valley Bank will be unlike any other community bank in that it will have three separate advisory boards:

The Main Advisory Board
A strong Advisory Board is integral to the success of any bank's business development strategy. The members of Valley Bank's Main Advisory Board will be principal investors in the Bank and will have extensive business relationships in the business community. The Main Advisory Board will have four primary functions:

  • Actively market the Bank’s services to potential customers through their personal networks of contacts
  • Generate new ideas to better serve the local business community
  • Serve as a link to the community and local businesses
  • Provide capital

Main Advisory Board Members will be expected to invest a minimum of $20,000 into the development of the Bank.

The Healthcare Advisory Board (HAB)
The HAB will be a key element in the Bank’s market strategy. Its members will also be investors in Valley Bank. The members will come from diverse medical and healthcare disciplines and will have extensive relationships in the medical profession and in related professional healthcare disciplines. The HAB will have four main functions:

  • Advise the Board of Directors on the development of programs, banking services, and products for physicians, hospitals, and related ancillary and supporting services and providers.
  • Generate new ideas to better serve the medical and health care community
  • Serve as a link to the medical and health care community
  • Provide capital

Healthcare Advisory Board members will also have a minimum investment requirement of $20,000.

The Council of Non-Profits (Non-Profit Advisory Board, NAB)
There are more than 1000 non-profit organizations in Valley Bank’s defined market area.  Banks have generally failed to address the needs of these charitable organizations. The directors of Valley Bank intend to develop and offer services tailored to the needs of these organizations. The NAB will be a key element in the Bank’s market strategy. Initial members of the Council will come from recommendations made by Bank Directors based on their respective networks of fellow community leaders who serve as board members or officers of charities, philanthropic entities, and faith based organizations. The Council of Non-Profits will have three main functions:

  • Generate new ideas to better serve community non-profit and charitable organization and advise the Bank’s management and Board of Directors on the development of programs, banking services, and products needed by non-profit and charitable organizations.
  •  Arrange meetings with non-profit organization officers and staff members to discuss Bank services.
  • Provide the Bank’s management leads of non-profit organizations and their supporters needing the bank’s products and services.

There will be no capital requirements for Non-Profit Advisory Board members.

 

 

 

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