Mendocino Savings Bank appoints new president
UKIAH » The Savings Bank of Mendocino County Board of Directors has announced the promotion of Stacy Starkey to president. This is a strategic step in the succession process to succeed Scott Yandell at the time of his planned retirement later this year. Scott will continue as the Chief Executive Officer until retirement.
“The Bank has a strong executive leadership succession plan in place to ensure a seamless transition for continued growth and stability,” Yandell said. “We will ensure that the leadership of the Bank continues to serve our shareholders, employees, customers and the community now and in the future.”
Scott Yandell has served as president and CEO at Savings Bank of Mendocino County since June 2011. He came to Savings Bank with more than 30 years in the industry as a community banker. With the understanding that a great local bank is a keystone of the community’s economy, Scott has been committed to sustaining the Bank’s position as one of the strongest community banks in the nation.
Stacy Starkey began her career with Savings Bank of Mendocino County in 1994, spending her first few years in the Investment Department before transferring to the Loan Department. Stacy was appointed Senior Lending Officer in July of 2014.
Starkey grew up in Ukiah, graduated from Ukiah High School, earned a Bachelor of Science degree in Finance from USC and attended one of the nation’s premier masters-level extension programs for senior officers in the banking industry. Stacy is dedicated to ensuring that Savings Bank continues to meet all of the financial needs of its communities the way only a local bank can.
Established in 1903, Savings Bank of Mendocino County is the only locally chartered community bank and the only financial institution with its headquarters in Mendocino County. Savings Bank has nine banking centers located throughout Mendocino and Lake counties.