Virginia Varela is the president and CEO of Golden Pacific Bank, a Sacramento-based community bank with a mission of providing exceptional business banking services and customer satisfaction. Virginia is a seasoned banker with more than 30 years of successful experience, both as a bank executive and as a former banking regulator.

Virginia has held various positions of authority with regulatory agencies including the Federal Reserve Bank and the U.S. Treasury Department. She was a manager of examinations and supervision, helped develop banking law, drafted Congressional presentations and provided expertise to financial institutions of all complexities.

After retirement from the Federal government, Virginia served as president of San Luis Trust Bank in San Luis Obispo, California, CEO of the Bank of Rio Vista, California, and COO of the Bank of the Orient in San Francisco, responsible for managing ten branches, including three in Hawaii and one in China. Ms. Varela is proficient in many aspects of innovative banking. In 2014 to 2017 she led Golden Pacific Bank in a joint venture partnership to develop one of the first national fintech automated small business lending platforms that is licensed to several bank users.

In November 2018 Virginia was elected by California state banks and credit unions to represent them as a director of the Federal Home Loan Bank of San Francisco. She is a member of the National Association of Corporate Directors.

Virginia is also the vice president and Western Region lead representative for “Friends of Traditional Bankers.” Virginia also serves as a director of the Western Bankers Association and is a committee associate of the American Bankers Association.

Virginia and her bank are very active in the local community. As of January 2019, Virginia is president of the Sacramento Philharmonic Symphony and Opera Board of Directors. Virginia is also a director of the Sacramento Metro Chamber and on the Sacramento State University Business University Advisory Board. Virginia is also president of Mercy Pedalers (support for those experiencing homelessness).