In his role, Muttera will be responsible for leading American River Bank’s Underwriting and Special Assets Departments as well as working with the Commercial Banking and Retail Banking teams to increase loan totals.
Muttera will join the team effective on 1 February 2012, replacing Douglas Tow, who is retiring from the company in March 2012.
Muttera has more than 32 years of experience in industry, most recently he served as a senior vice president at Preferred Capital Advisors, a full-service commercial real estate advisory firm and as director at Redding Bank of Commerce.
Previously, Muttera seved as a executive vice president and chief credit officer at Placer Sierra Bank prior to its acquisition by Wells Fargo Bank.
American River Bankshares president and CEO David Taber said that Management turnover is rare for them, but when it happens, they endeavor to find replacements that raise the bar on our Company’s capabilities and the addition of Bob to their team accomplishes that goal.
