Oak Valley Bancorp (Nasdaq:OVLY) announced that it has reached an agreement with the U.S. Treasury for the repurchase of the warrant that Oak Valley Bancorp had issued to the U.S. Treasury in December 2008 in connection with its participation in the Capital Purchase Program.

Oak Valley Bancorp operates as the holding company for Oak Valley Community Bank that provides banking services to individuals and business enterprises in Oakdale, California.



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