- River City Bank announces changes to its Board of Directors with the retirement of Elaine Lintecum and the appointment of Stephanie Zarate.
- Elaine Lintecum, who joined River City Bank's board in 2016, will retire effective April 22, 2025, but will remain as a board consultant for one year.
- Stephanie Zarate, Chief Accounting Officer and Treasurer at McClatchy Media, is joining immediately, bringing over a decade of financial experience.
River City Bank (RCBC, Financial) has announced significant changes to its Board of Directors. Elaine Lintecum, a respected board member since 2016, is set to retire on April 22, 2025. Lintecum, the former Chief Financial Officer of McClatchy Media, has played a pivotal role in the bank's strategic direction over the years. Steve Fleming, President and CEO of River City Bank, expressed gratitude for her leadership and contributions, stating that although her presence will be missed, she will continue to offer her expertise as a consultant for the board for the upcoming year.
In an immediate step forward, Stephanie Zarate has been appointed to the board. Currently serving as the Chief Accounting Officer and Treasurer at McClatchy Media, Zarate has an extensive background in financial management, including roles such as Assistant Treasurer, Investor Relations Director, and Corporate Controller. She joined McClatchy Media in 2014 and was promoted to her current position in 2021.
Zarate holds a Bachelor of Science in Accounting from California State University, Sacramento, and an MBA from the University of California, Davis. She is a Certified Public Accountant (CPA) and was recently awarded the Rising Star Award by the UC Davis Graduate School of Management Alumni Association. Her financial acumen and experience in a major media company are expected to significantly benefit River City Bank's strategic initiatives.
Shawn Kelly Devlin, Chairman of the Board, stated, "We are pleased to welcome Stephanie to the Board of Directors. Her broad financial experience and insight will be a tremendous asset as we continue to grow and serve our community."
The bank, renowned for its personalized service, continues to thrive as a significant player in the regional financial market, with a recent market cap of $522.95 million and assets surpassing $5.2 billion, according to its latest reports.
