BAC Announces Leadership Succession
Stockton, Calif — October 3, 2024 — BAC Community Bank has announced a transition in leadership to support business plans that span the next several decades, ensuring continued success and growth. After 37 years in various leadership positions within the bank, Dana Bockstahler will now serve as Vice Chairman of the Board of Directors. In this new role, Bockstahler will oversee Strategic Planning, Policy Development, and Corporate Governance.
The Board of Directors is excited to welcome banking veteran Dante Tosetti as the Bank’s new Chief Executive Officer. Tosetti brings a wealth of experience from his previous leadership roles in the banking sector and as a bank regulator at the Federal Reserve Bank. His background in relationship management, business development, lending, compliance, and the Bank Secrecy Act will be invaluable to BAC Community Bank’s mission.
“We are fortunate to have found a CEO whose skills, beliefs, and values align perfectly with our organization,” said Bockstahler.
“Dante’s extensive experience will be pivotal in guiding our daily operations and driving our growth initiatives,” added Bill Trezza, Bank board member.
Bank President and Chairman of the Board, Ron Berberian, expressed confidence in these adjustments. “Dante’s appointment signifies an exciting chapter for BAC Community Bank. As we prepare to celebrate our 60th anniversary in 2025, Dante’s talents and experience will complement the Bank’s reputation in serving the local banking needs of our customers and communities,” he stated.
Tosetti also shared his enthusiasm, saying, “I am honored to lead such a well-respected institution as BAC Community Bank. I look forward to collaborating with Dana, Ron, Bill, and the entire team in furthering the Bank’s aspirations while building upon its strength and community relationships.”
BAC Community Bank remains committed to serving the community with integrity and innovation. The Board is confident that these leadership changes along with the tenured executive management team’s continued involvement will further strengthen the Bank’s foundation for continued success in the years to come.
About BAC Community Bank
BAC Community Bank is one of California’s oldest state-chartered banks. Established in 1965, BAC operates branch offices throughout San Joaquin, Stanislaus, and eastern Contra Costa counties. Centrally headquartered in Stockton, California, BAC is continuously recognized for its strength and banking excellence in the communities it serves. BAC Community Bank is an Equal Housing Lender and Equal Opportunity Employer. Member FDIC. More information is available online at www.bankbac.com.
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