Former Washington Mutual Commercial Bankers Join a Growing West Coast Bank Team in Key Portland/Vancouver and Salem Markets
05 Oktober 2004 - 2:40AM
PR Newswire (US)
Former Washington Mutual Commercial Bankers Join a Growing West
Coast Bank Team in Key Portland/Vancouver and Salem Markets
Commercial and Agricultural Banking Professionals Strengthen
Company's Commercial Lending Presence LAKE OSWEGO, Ore., Oct. 4
/PRNewswire-FirstCall/ -- West Coast Bank (NASDAQ:WCBO) is
welcoming several commercial and agricultural banking relationship
managers to their greater Portland/Vancouver and Salem teams. These
professionals join the company from Washington Mutual, who recently
announced closure of their commercial banking operations. Executive
Vice President of Commercial Banking Xandra McKeown said, "We are
very pleased to have the opportunity to expand our presence and
expertise in these key markets and market segments. The decision by
Washington Mutual to exit the commercial lending arena comes at a
time when we had a high degree of interest in expanding our
commercial banking presence." President and CEO Robert D. Sznewajs
said, "Strengthening our commercial banking teams with seasoned
bankers who know the market well serves our strategic plan to grow
our business." Joining the Portland metro commercial banking team
with more than twenty years of banking experience is Team Leader
and Vice President Michael McKay, who most recently managed
Washington Mutual's commercial banking center in Beaverton. He
graduated from Southern Oregon State College with a bachelor of
science in business administration and from Pacific Coast Banking
School. McKay joins his former colleagues John Doty, Jeff Auld and
Teresa Carpenter, who joined the company in August. Joining the
Agricultural Banking Team are Steve Justus, serving clients in the
metro tri-county and Willamette Valley markets, and Garey Fritz,
serving clients in the Willamette Valley from Salem. Steve Justus
received his Bachelor of Science degree from Oregon State
University. He began his 27-year agribusiness career with the
Federal Land Bank and Farm Credit Services, and most recently
served as commercial loan officer - vice president with Washington
Mutual Ag team in Salem. Steve is involved with the Oregon
Nurseryman Association, the Agricultural Co-Op Council of Oregon
and the Oregon Seed Trade Association. Garey Fritz received his
Bachelor of Science and Masters degrees in agricultural education
from Montana State University. His professional agricultural
experience dates to 1977 with the Federal Land Bank and most
recently with Washington Mutual NW Ag team in Salem. Fritz is
involved with the Agribusiness Council of Oregon, Ag Co-op of
Oregon, Oregon Association of Nurseries and Oregon Seed Trade
Association. He retired from the US Army Reserve in 1998 as
Lieutenant Colonel. Justus and Fritz join former Washington Mutual
colleagues Bob Zell, Mary Hood, Deke Tietze and Mike Collier in the
West Coast Bank agricultural banking team. West Coast Bancorp, one
of Oregon Business Magazine's 100 Best Companies to Work For, is a
Northwest bank holding company with $1.7 billion in assets,
operating 51 offices in Oregon and Washington. The company combines
the sophisticated products and expertise of larger banks with the
local decision making, market knowledge and customer service of a
community bank. For more information, visit the Company web site at
http://www.wcb.com/. DATASOURCE: West Coast Bancorp CONTACT: Robert
D. Sznewajs, President & CEO, +1-503-598-3243, or Xandra
McKeown, Executive Vice President, Commercial Banking,
+1-503-598-3251, both of West Coast Bancorp Web site:
http://www.wcb.com/
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