Market Overview

Bank of the Sierra Announces Matthew Macia as Executive VP, Chief Risk Officer


Macia becomes the first Chief Risk Officer in the Bank's history

Bank of the Sierra announced today that Matthew Macia had been named the
Bank's Executive Vice President and Chief Risk Officer. Macia is the
first Chief Risk Officer in the Bank's history, and he will be
responsible for its risk management program. Macia will monitor and
assess potential risk and create solutions to manage and report it, with
the cooperation of several of the Bank's departments. He will become the
Bank's fifth executive officer and join its senior management team.

Macia brings over 27 years of experience in banking to the position.
Most recently, he was Chief Risk Officer and Managing Director at
TIAA-CREF in Charlotte, North Carolina, where he built out the entire
risk management program for the bank. He has also worked for HSBC, Wells
Fargo, and Bank of America. Macia was raised in Redwood City,
California, and graduated with a bachelor's degree in economics from
Fresno State. He knows Porterville and Tulare County well and considers
the Central Valley to be his home.

"We're incredibly excited to add Matthew to the Bank of the Sierra
family," said Kevin McPhaill, the Bank's President and Chief Executive
Officer. "Our continued growth over the past 40-plus years has made a
Chief Risk Officer position vital to our business, and someone with his
considerable knowledge is a perfect fit for our Bank."

About Bank of the Sierra

Bank of the Sierra is in its 42nd year of operations and is the largest
independent bank headquartered in the South San Joaquin Valley. Bank of
the Sierra is a community-centric regional bank, which offers a full
range of retail and commercial banking services with full-service
branches located within the counties of Tulare, Kern, Kings, Fresno, Los
Angeles, Ventura, San Luis Obispo and Santa Barbara. The bank also
maintains an online branch, and provides specialized lending services
through an agricultural credit center and an SBA center. In 2018, Bank
of the Sierra was recognized as one of the strongest and top-performing
community banks in the country, with a 5-star rating from Bauer
Financial and a Sm-All Star award from Sandler O'Neill.

View Comments and Join the Discussion!