Riverview Community Bank Hires Kim Capeloto

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VANCOUVER, Wash., Aug. 26, 2010 (GLOBE NEWSWIRE) -- Riverview Community Bank has announced Kim J. Capeloto has joined Riverview as Executive Vice President - Operations and Marketing, where he will manage the operations, technology, and public relations functions of the Bank.

VANCOUVER, Wash., Aug. 26, 2010 (GLOBE NEWSWIRE) -- Riverview Community Bank has announced Kim J. Capeloto has joined Riverview as Executive Vice President - Operations and Marketing, where he will manage the operations, technology, and public relations functions of the Bank.

Capeloto has 27 years of experience in the retail and financial services industry, including more than 20 years in management. He most recently served as interim President & CEO of the Greater Vancouver Chamber of Commerce.

Capeloto serves the community in a variety of areas, including Identity Clark County Board Member, Community Choices Advisory Board, Chairman of the Board of the School of Piano Technology for the Blind, and is a Board Member for both Junior Achievement and the Washington State University Diversity Advisory Board.

Ron Wysaske, President and COO of Riverview, said, "Kim Capeloto is an asset to our community, and is well known as a talented banker and a fine leader. Given the economic landscape, there couldn't be a better time than right now to add Kim's experience and leadership to our company. With his help, Riverview will continue to play an important role in community growth and development. He's a proven talent, and it is our intent to share his positive energy both inside and outside our company. He understands what it means to be a community banker, and the employee-owners of Riverview enthusiastically welcome Kim."

About Riverview

Riverview Bancorp, Inc. () is headquartered in Vancouver, Washington – just north of Portland, Oregon on the I-5 corridor. With assets of $863 million, it is the parent company of the 87 year-old Riverview Community Bank, as well as Riverview Asset Management Corp. There are 17 branches, including ten in Clark County, two in Multnomah County 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.

CONTACT: Riverview Bancorp, Inc. Pat Sheaffer 360 693-6650 Ron Wysaske 360 514-5001
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