RVSB 8-K
Riverview Bancorp Inc (RVSB)
8-K
2026-08-10
For: 2026-08-10
View Original
Added on
August 11, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 10, 2026
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction
of incorporation)
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(Commission
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(I.R.S. Employer
Identification No.)
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (360 ) 693-6650
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions.
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
(b) Riverview
Bancorp, Inc. (the “Company”), and its financial institution subsidiary, Riverview Bank (the “Bank”), announced that on August 4, 2026, Michael Sventek, Executive Vice President and Chief Lending Officer, announced his intention to retire, effective
October 30, 2026. Mr. Sventek’s notice in connection with his retirement did not indicate that his retirement was the result of any disagreements with the Company or the Bank. The Company is commencing a search for his successor and plans to utilize
an executive search firm to support an internal and external search process.
The Company is well positioned for this leadership transition. Through Mr. Sventek's leadership the past three years, the Company has
established strong client relationship and calling practices and experienced management depth that provide continuity and support the ongoing execution of the Company's lending and growth strategies. The Company does not anticipate any disruption to
its operations because of the transition.
“Mike has had a distinguished 35-year banking career, and we are grateful for the leadership, experience and steady partnership he
brought to Riverview. Over the past three years, he strengthened our commercial lending team and supported the growth of our treasury management and mortgage production teams. His commitment to our clients, people and communities made a meaningful
difference, and we wish him all the best in his well-earned retirement,” stated Nicole Sherman, President and CEO.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
104 Cover
Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.
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RIVERVIEW BANCORP, INC.
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Date: August 10, 2026
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/S/ David Lam
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David Lam
Chief Financial Officer
(Principal Financial Officer)
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Exhibit 99.1
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Contacts:
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Nicole Sherman and David Lam
Riverview Bancorp, Inc. 360-693-6650
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Michael Sventek, EVP and CLO, Announces Retirement from Riverview Bancorp, Inc.
Vancouver, WA – August 10, 2026 - Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today announced the
retirement of Executive Vice President and Chief Lending Officer Michael Sventek, effective October 30, 2026.
“Mike has had a distinguished banking career spanning more than 35 years, and we are grateful for the leadership, experience and
steady partnership he has brought to Riverview. During his tenure, he has been integral in establishing long-term growth strategies to increase and diversify our loan portfolio, ultimately expanding our ability to deepen client relationships
throughout the communities we serve. Mike’s commitment to our clients and our people has made a meaningful difference, and we sincerely thank him for his contributions. We wish Mike all the best in his well-earned retirement,” stated Nicole Sherman,
President and CEO.
"After many rewarding years in the financial services industry, the time feels right to begin a new chapter and to enjoy retirement. I am
deeply grateful for the relationships I have built throughout my career and for the opportunity to work alongside so many talented and dedicated colleagues, especially here at Riverview Bank. It has been rewarding to help support the growth of our
clients and communities, and I am proud of the strong team and culture we have built together. Riverview is a special organization with a bright future, and I leave with tremendous appreciation for everyone who has been part of this journey and
confident in the Bank’s continued success," said Mike Sventek, EVP and Chief Lending Officer.
“As Mike moves on to this new chapter, we will also be commencing the search for his successor as
our new Chief Lending Officer,” Sherman continued. “We plan to initiate a broad-based search in the upcoming month to identify a candidate who brings both the expertise and the dedication this position requires. We look forward to finding a leader
who is committed to the clients and communities we serve and who can build on the strong foundation Mike leaves behind, while bringing a fresh perspective and energy to our already strong team.”
About Riverview
Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington – just north of Portland, Oregon, on the I-5
corridor. With assets of $1.47 billion at June 30, 2026, it is the parent company of Riverview Bank, as well as Riverview Trust Company. The Bank offers true community banking services, focusing on providing the highest quality service and financial
products to commercial, business and retail clients through 17 branches, including 13 in the Portland-Vancouver area, and 3 lending centers. For the past 12 years, Riverview has been named Best Bank by the readers of The Vancouver Business Journal and The Columbian.
RVSB Press Release
August 10, 2026
Page 2
This press release contains statements that the Company believes are
“forward-looking statements.” These statements relate to the Company’s financial condition, results of operations, plans, objectives, future performance or business. You should not place undue reliance on these statements, as they are subject to
risks and uncertainties. When considering these forward-looking statements, you should keep in mind these risks and uncertainties, as well as any cautionary statements the Company may make including those described in 1A (Risk Factors) of the
Company’s Form 10-K for the fiscal year ended March 31, 2026. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known to the Company.