Longtime Riverview Bancorp Ceo Stepping Down

Riverview Community Bank’s longtime leader Pat Sheaffer is stepping down, the Vancouver-based institution announced Friday. An executive who orchestrated a successful Oregon expansion will succeed him on April 2. Sheaffer has worked at Riverview since 1963, when the company had seven employees. Riverview now has more than 250 employees. Its assets in that time frame have grown from $6.5 million to $1.1 billion. “Throughout my career, I have been fortunate enough to work with an outstanding group of banking professionals, and I am extremely proud of what we have accomplished together,” he said in a statement. Sheaffer was named Riverview’s top executive in 1976 and steered the company through multiple economic expansions and recessions.