Redwood Capital Bank Announces Staffing Changes

EUREKA, CALIFORNIA – On July 29, 2022, REDWOOD CAPITAL BANK, a wholly-owned subsidiary of Redwood Capital Bancorp (OTCQB:RWCB) announced management changes for two branch locations. Former Fortuna Branch Manager, Bob Judevine, has transferred to the position of Vice President, Arcata Branch Manager/Commercial Loan Officer. Additionally, Brian Gonzalez was recently promoted to Vice President, Fortuna Branch Manager/Commercial Loan Officer. Mr. Gonzalez will retain his current position as the Branch Manager of the Henderson Center Branch. In his new position, Jamie Anderson, Assistant Vice President/Commercial Loan Officer will now be able to focus full time on his passion for commercial lending and business development.

President and CEO, John E. Dalby stated, “On behalf of the entire Redwood Capital Bank team, we are excited about the opportunities that these staffing changes present. As always, we remain committed to providing our customers and shareholders with the very best service - that is our culture. Thank you to Bob, Brian, Jamie and their respective teams for their flexibility and willingness to support the best interests of Redwood Capital Bank.”

Mr. Judevine came to Redwood Capital Bank in 2013 with a wealth of knowledge in the areas of economic development, entrepreneurship, small business resources and business management.  Bob enjoys working closely with his customers to build lasting relationships and helping people achieve their financial goals. He is a past President of the Fortuna Chamber of Commerce and the Fortuna Sunrise Rotary.  In his spare time, Bob enjoys family activities and working with Special Olympics, coaching track and softball.  He and his wife, Teresa, reside in Eureka and have three adult children and three grandchildren.

Mr. Gonzalez joined the Redwood Capital Bank team in December, 2021, with an abundance of banking experience. He began his banking career in 2002 and has held a variety of positions from Operations to Branch Manager. Brian is a past President of the Fortuna Rotary Club. He has served as a director for numerous non-profit organizations, including: Fortuna Chamber of Commerce, Fortuna Business Improvement District, Lion’s Club, Rohnerville School District and Wild Souls Ranch. Brian resides in Fortuna. He is a proud dad to four children and one grandchild.

Mr. Anderson is a Humboldt County native. He was born and raised in Fortuna, graduating from Fortuna High School. He began his professional career with Enterprise Rent-A-Car. Jamie and his family moved to Idaho in 2012, where he began working for Collier’s International – one of the world’s largest commercial real estate companies. Jamie was a licensed real estate professional specializing in the sales and leasing of office and investment properties. In 2019, Jamie started working for Redwood Capital Bank. He and his wife, Suzette moved back to Humboldt County to be closer to family. They have two adult children.

For more information regarding Redwood Capital Bank, please visit our website at, contact John E. Dalby, President & CEO, at (707) 444-9833, or stop by our headquarters and main office at 402 “G” Street, Eureka, California 95501. Redwood Capital Bancorp (OTCQB:RWCB) trades on the OTCQB Venture Market for early stage and developing U.S. and international companies. Companies are current in their reporting and undergo an annual verification and management certification process. Investors can find Real-Time quotes and market information for the company on . This press release may contain forward-looking statements that are subject to risks and uncertainties. Such risks and uncertainties may include but are not necessarily limited to fluctuations in interest rates, inflation, government regulations and general economic conditions, and competition within the business areas in which the bank is conducting its operations, including the real estate market in California and other factors beyond the bank’s control. Such risks and uncertainties could cause results for subsequent interim periods or for the entire year to differ materially from those indicated. Readers should not place undue reliance on the forward-looking statements, which reflect management’s view only as of the date hereof. The bank undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.