June 20 – Bank of the West has launched Any Deposit Checking, a new checking account that offers no monthly service charge when a deposit1 of any amount using any channel (branch, ATM, mobile, or direct deposit) is made. No minimum balance or direct deposit is required. For customers under 25 years of age, the monthly service charge ($10) is waived automatically, with no deposit necessary2.
May 19 – The Small Business Administration has named Banner 2016 Regional Lender of the Year for the Seattle/Spokane District and a Star Performer for the Portland District. The awards were presented at separate ceremonies as part of National Small Business Week.
May 15 – BMO Harris Bank has launched a new suite of consumer checking products, which is tailored to match the lifestyles of customers and focused on bringing simplicity to banking at any stage of life.
May 8 – Banner Bank was ranked highest in the Northwest region for client satisfaction by J.D. Power, according to their just-released 2017 U.S. Retail Banking Client Satisfaction Study. This is the third time since 2012 that Banner Bank has earned this recognition.
April 17 – Golden Valley Bank, headquartered in Chico, Calif., has announced that their president and CEO, Mark Francis, was awarded Community Banker of the Year by Western Independent Banker (WIB). WIB is a trade association that informs, educates and connects community banks to achieve the highest standards of personal and organizational performance. They represent 13 western states in the U.S.: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, Wyoming and U.S. territories.
April 3 – The Board of Directors of the Federal Home Loan Bank of San Francisco has appointed Lisa Violet as Senior Vice President and Chief Risk Officer. (more…)
March 31 – Summit Bank (OTC Pink: SBKO) was recently named as one of the top performing community banks in the Country, in the report released from S&P Global Market Intelligence. The report ranked all community banks under 1 billion in assets. Summit Bank ranked number 78, which put the Bank in the top 2% of the nearly 4,600 community banks headquartered across the Country. Summit was also the highest rated of the three community banks headquartered in the Northwest to make the list.
March 31 – Western Independent Bankers (WIB) has announced recipients of the 2017 Community Bank and Community Banker awards to Montecito Bank & Trust (MB&T) and Mark Francis, President and CEO of Golden Valley Bank, respectively. The announcement was made in front of hundreds of attendees at WIB’s Annual Conference for Bank Presidents, Senior Officers, and Directors. Award recipients were honored for their enduring impact on local communities, exceptional bank performance, and demonstrated industry innovation.
March 7 – LendingPoint, the company working to revolutionize access to credit, has announced a partnership with FinWise Bank that allows the company to offer its full suite of loan products to customers nationwide.
February 24 – Small-business owners are significantly more confident about the national economy compared to January 2016, according to results from the Union Bank annual Small Business Economic Survey. The 18th annual survey also found that hiring is on the rise, with more business owners planning to offer permanent full-time positions in 2017 while interest in contractors and temporary positions wanes.