“The Santa Clara River Valley has always depended on community banking, the traditional personalized service and business interaction that is the philosophy and mission of Santa Clara Valley Bank,” said Hedrick.Hedrick is looking forward to leading SCVB: “It’s going to be a real interesting, challenging time. The real work of getting SCVB established and running is behind us, but now we have to maintain our position and continue to grow. I’m delighted that the board has the confidence to let me lead Santa Clara Valley Bank for awhile.”Hedrick, who operates family ranching holdings, is a noted conservationist.A graduate of Stanford, Hedrick has been a partner and economic analyst for firms in Ventura and Los Angeles counties. Since 1983 he has been affiliated with Hedrick real estate brokerage and property management/investment firms.President of the Santa Paula Orange Association, Hedrick is on the board and Conservation Chairman of the Ventura Audubon Society; he also serves on the Board of the Friends of the Santa Clara River and is the organization’s Stewardship Committee Chairman.“Major parts of our family ranch were in the Santa Clara River bed, now in a conservation zone,” through acquisition by the California Coastal Conservancy, which “deeded the land over to the Friends of the River.”Community-owned and community-operated Santa Clara Valley Bank, founded in 1998 and with branches in Fillmore and Santa Paula, has assets of $47 million.
Rancher Sanger ‘Sandy’ Hedrick selected Santa Clara Valley Bank Board Chairman
June 24, 2003
Santa Paula News
Sanger “Sandy” Hedrick, Jr. whose family has deep roots in the Santa Clara River Valley’s strong traditions of agriculture and banking, has been named the Chairman of the Board of Directors of Santa Clara Valley Bank.
Sanger “Sandy” Hedrick, Jr. whose family has deep roots in the Santa Clara River Valley’s strong traditions of agriculture and banking, has been named the Chairman of the Board of Directors of Santa Clara Valley Bank.Hedrick, a Founding SCVB Director, was selected Chairman in May. Guy Cole, like Hedrick an area rancher and SCVB Founding Director, was named Vice Chairman.“Santa Clara Valley Bank is pleased with the selection of Mr. Hedrick and Mr. Cole to the top board positions,” said SCVB President/CEO Michael D. Hause. “Not only are they mainstays of the river valley ranching families, they are backbones of the Bank’s creation.”SCVB Chairman Emeritus Don Olivier and Directors Justice Edwin Beach, Jack Dickenson and William Hurst, members of the initial SCVB Organization Committee, retired - all with Emeritus status - from the SCVB board in April.“Don in particular can be considered a Founding Father of the bank and all directors decided upon the four’s retirement that they would not be replaced, as the SCVB board now has nine members, a more streamlined fit for our banking operation,” noted Hause.Hedrick’s name is synonymous with agriculture and banking: “My grandfather, Benjamin, was born here in the 1880s,” about 20 years after Hedrick’s great-grandfather settled in the Santa Clara River Valley following his adventures in the fabled California Gold Rush.Benjamin Hedrick was a Founding Director of Citizens State Bank, which opened in 1929. His son Sanger Hedrick, Sr. - Sandy’s father - took his father’s place on the Citizens State Bank Board of Directors until his death in 1989.Ironically, Santa Clara Valley Bank was founded on the heels of the announcement that Citizens State Bank, then the county’s oldest community bank, had been bought-out by a regional bank.
