VANCOUVER, Wash., Feb. 14, 2008 (PRIME NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq:RVSB) today announced promotions within the company, including Kevin Lycklama being named Senior Vice President and Chief Financial Officer of Riverview Community Bank and Riverview Bancorp, Inc.
Ron Wysaske, President and COO, also announced the following promotions:
* Anthony Hays promoted to Vice President, Operations Support
Manager
* Andrew Whaley promoted to Vice President, Information Technology
Manager
* Jean Watson promoted to Assistant Vice President, Information
Technology Supervisor
Mr. Lycklama has been with Riverview since 2006, and has served as Vice President and Controller for the bank. 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 CPA's, and a member of the Financial Managers Society.
"I am pleased to announce this promotion and to recognize Kevin's contributions to our successes, as well as his increasing level of responsibility within our company," said Wysaske. "Kevin brings tremendous skill and energy to our company, and serves as an inspiration to all of our employee-owners. In the short time he has been with Riverview, he has made significant improvements to our financial reporting and accounting systems and I am confident he will provide great leadership to all areas of the bank as the Chief Financial Officer. Our directors and employees join me in congratulating him on this well-earned promotion."
Mr. Wysaske also announced three other promotions. Anthony Hays was named Vice President, Operations Support Manager. In this role, Mr. Hays will be responsible for the development, coordination, implementation and monitoring of branch and central operations procedures. He is also responsible for the highly successful Riverview Phone Branch, customer service couriers, and office services. He has been with the Bank since 1994, and most recently has served as Operations Assistant Manager.
Andrew Whaley is promoted to Vice President, Information Technology Manager. In this role, Mr. Whaley will manage the technology infrastructure of the company, including all telephone and data needs. He will also manage the integrity and security of all data networks, servers and computers, and ensure compliance with appropriate regulatory and SOX requirements for data processing, transmission and storage. Mr. Whaley will also be responsible for the quality of the Riverview network "help desk," and has been with the Bank since 1998, most recently serving as IT Supervisor.
Jean Watson is promoted to Assistant Vice President, Information Technology Supervisor. In this role, Ms. Watson will supervise the network "help desk," monitor service quality, and assist all departments in providing excellent customer service. She will continue to monitor and document IT internal controls, audits and compliance, ensuring data security. Ms. Watson has been with the Bank since 2002, and most recently served as Network Administrator II.
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 $844 million, it is the parent company of the 84 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 three 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.