Cornerstone Community Bancorp announced Jeffrey P. Finck will assume the position of Executive Chairman and Matthew B. Moseley will assume the position of President and Chief Executive Officer and be appointed as a Director to Cornerstone Community Bancorp and Bank effective July 1, 2022.

Finck has served as Bank’s President/CEO and Director since 2008. Additionally, Finck has served as President/CEO and Director of Cornerstone Community Bancorp since the formation of the Holding Company in 2015. During Finck’s tenure, the bank has grown in total assets of approximately $500 million to over $560 million.

Board Chairman Les Melburg said, “The bank has experienced significant growth in assets and profitability under Jeff’s leadership. The bank was ranked as the No. 1 performing bank in the State of California through the 3rd quarter 2021 by the Financial Management Consulting Group and was recognized by CB Resources, Inc. in the top 5 percent for all banks nationally with assets of $500 to $999 million.”

Moseley joined the bank in August 2011 as a Senior Vice President/Credit Administrator and has served as bank’s Executive Vice President/Chief Lending Officer, Executive Vice President/Chief Banking Officer and since 2019 has held the position of Executive Vice President/Chief Credit Officer. Moseley is an honors graduate of Simpson University and an honors graduate of Pacific Coast Banking School.

Finck said, “Matt is a proven bank executive with strong industry knowledge and deep community ties. I know his talents and dedication to Cornerstone will continue to move the bank forward for the benefit of shareholders, employees, bank customers and the communities we serve.”