Exchange Bank welcomes Charlotte Radmilovic, Senior Vice President and Chief Financial Officer, reporting to Troy Sanderson, President and Chief Executive Officer. She will work closely with all areas of the Bank, overseeing all financial activities and initiatives.

Radmilovic is a seasoned financial professional with over 15 years of experience in the banking and financial industries. She most recently served as Executive Vice President, Chief Financial Officer for Pacific Valley Bank in Monterey County. Prior to this, she was the Director Of Finance for Summit Funding Inc. in Sacramento, Chief Accounting Officer for Rabobank, N.A. in Roseville, and held other key roles in the industry.

Radmilovic attended Saint Mary’s College of California and holds a degree in Business Administration, Accountancy.

Exchange Bank also announced the transition of EVP and CFO Shari DeMaris to a new role as EVP, Chief Operating Officer. Still reporting to Sanderson, DeMaris will manage the daily business operations of the Bank, working closely with department heads to implement company strategies and oversee daily operations.

DeMaris joined Exchange Bank in October 2020, serving as EVP, CFO. Her impressive executive management skills and her contributions in that capacity make her an excellent fit for this new role.

DeMaris has over 25 years of technical accounting and financial leadership experience and is a licensed CPA with bachelor’s degrees in both Accounting and Spanish from DePaul University and the University of Iowa, respectively.