STOCK TITAN

Banner Bank Adds Chief Banking Officer to Leadership Team; Hires Borrecco to Fill Role

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management

Banner Bank has expanded its executive leadership team by adding Mark Borrecco as the new Chief Banking Officer. Borrecco, with over 25 years of banking experience in the Western U.S., will oversee the Bank's production lines of business, including commercial, commercial real estate, community banking, and mortgage. His role focuses on enhancing client experience while ensuring growth and profitability across all banking divisions.

Previously serving as the California president of a large regional bank, Borrecco brings extensive experience to Banner Bank. He holds a bachelor's degree in economics from California State University and has served on notable boards, including the Pacific Coast Banking School and the Greater Sacramento Economic Council. This strategic addition aims to accelerate Banner Bank's growth strategies and strengthen its focus on client acquisition.

Banner Bank ha ampliato il suo team di leadership esecutiva aggiungendo Mark Borrecco come nuovo Chief Banking Officer. Borrecco, con oltre 25 anni di esperienza bancaria negli Stati Uniti occidentali, supervisionerà le linee di produzione della Banca, inclusi commerciale, immobiliare commerciale, banking comunitario e mutui. Il suo ruolo si concentra sul miglioramento dell'esperienza dei clienti, garantendo al contempo crescita e redditività in tutte le divisioni bancarie.

In precedenza, Borrecco ha ricoperto il ruolo di presidente della California in una grande banca regionale, portando con sé una vasta esperienza a Banner Bank. Ha conseguito una laurea in economia presso la California State University e ha fatto parte di importanti consigli, tra cui il Pacific Coast Banking School e il Greater Sacramento Economic Council. Questa aggiunta strategica mira ad accelerare le strategie di crescita di Banner Bank e a rafforzare il suo focus sull'acquisizione di clienti.

Banner Bank ha expandido su equipo de liderazgo ejecutivo al añadir a Mark Borrecco como nuevo Chief Banking Officer. Borrecco, con más de 25 años de experiencia bancaria en el oeste de EE. UU., supervisará las líneas de negocio de la banca, incluyendo comercial, bienes raíces comerciales, banca comunitaria e hipotecas. Su rol se centra en mejorar la experiencia del cliente mientras se asegura el crecimiento y la rentabilidad en todas las divisiones bancarias.

Antes de unirse a Banner Bank, Borrecco fue presidente de California de un gran banco regional, aportando así una amplia experiencia a la entidad. Tiene una licenciatura en economía de la California State University y ha servido en juntas notables, incluyendo la Pacific Coast Banking School y el Greater Sacramento Economic Council. Esta adición estratégica tiene como objetivo acelerar las estrategias de crecimiento de Banner Bank y fortalecer su enfoque en la adquisición de clientes.

배너 은행은 새로운 최고 은행 책임자로 Mark Borrecco를 추가하여 경영진 리더십 팀을 확장했습니다. Borrecco는 서부 미국에서 25년 이상의 은행 경험을 보유하고 있으며, 은행의 비즈니스 생산 라인, 즉 상업, 상업용 부동산, 지역 은행 및 주택담보대출 등을 감독합니다. 그의 역할은 고객 경험을 향상시키는 동시에 모든 은행 부문에서 성과와 수익성을 보장하는 데 중점을 두고 있습니다.

대형 지역 은행의 캘리포니아 주 지사로 재직하면서 Borrecco는 배너 은행에 폭넓은 경험을 가져왔습니다. 그는 캘리포니아 주립대학교에서 경제학 학사 학위를 취득했으며, 태평양 연안 은행 학교와 그레이터 새크라멘토 경제 위원회를 포함한 여러 저명한 이사회에서 근무했습니다. 이러한 전략적 추가는 배너 은행의 성장 전략을 가속화하고 고객 유치에 대한 집중을 강화하는 것을 목표로 하고 있습니다.

Banner Bank a élargi son équipe de direction en ajoutant Mark Borrecco comme nouveau directeur des banques. Borrecco, avec plus de 25 ans d'expérience bancaire dans l'ouest des États-Unis, supervisera les lignes de production de la Banque, y compris commercial, immobilier commercial, banque communautaire et hypothèques. Son rôle consiste à améliorer l'expérience client tout en garantissant la croissance et la rentabilité de toutes les divisions bancaires.

Ayant précédemment exercé en tant que président de Californie d'une grande banque régionale, Borrecco apporte une vaste expérience à Banner Bank. Il détient un diplôme de premier cycle en économie de la California State University et a siégé à des conseils notables, y compris le Pacific Coast Banking School et le Greater Sacramento Economic Council. Cet ajout stratégique vise à accélérer les stratégies de croissance de Banner Bank et à renforcer son attention à l'acquisition de clients.

Die Banner Bank hat ihr Führungsteam erweitert, indem sie Mark Borrecco als neuen Chief Banking Officer hinzugefügt hat. Borrecco bringt über 25 Jahre Bankerfahrung im westlichen Teil der USA mit und wird die Produktionslinien der Bank überwachen, einschließlich Gewerbe, Gewerbeimmobilien, Community Banking und Hypotheken. Seine Rolle konzentriert sich darauf, das Kundenerlebnis zu verbessern, während er Wachstum und Rentabilität in allen Bankbereichen sicherstellt.

Vor seiner Tätigkeit bei Banner Bank war Borrecco Präsident eines großen regionalen Banks in Kalifornien und bringt damit umfangreiche Erfahrungen mit. Er hat einen Bachelor-Abschluss in Wirtschaftswissenschaften von der California State University und war in bedeutenden Vorständen tätig, darunter der Pacific Coast Banking School und der Greater Sacramento Economic Council. Diese strategische Ergänzung zielt darauf ab, die Wachstumsstrategien der Banner Bank zu beschleunigen und den Fokus auf die Kundengewinnung zu verstärken.

Positive
  • Addition of experienced Chief Banking Officer to strengthen leadership team
  • Potential for accelerated company growth and enhanced client acquisition strategies
  • Borrecco's extensive 25-year banking experience in Western U.S. markets
  • Oversight of key business lines including commercial, real estate, and mortgage
Negative
  • None.

WALLA WALLA, Wash.--(BUSINESS WIRE)-- The Banner Bank executive leadership team is expanding to include a Chief Banking Officer and Mark Borrecco has been hired to fill the role. Borrecco is overseeing the Bank’s production lines of business, including commercial, commercial real estate, community banking and mortgage. He is responsible for executing on the Bank’s initiatives to enhance the client experience while ensuring continuing growth and profitability across all banking divisions.

Mark Borrecco, EVP & Chief Banking Officer, Banner Bank (Photo: Business Wire)

Mark Borrecco, EVP & Chief Banking Officer, Banner Bank (Photo: Business Wire)

“This addition to our executive leadership team will help us accelerate our company growth strategies, including our focus on client acquisition,” said Mark Grescovich, President & Chief Executive Officer. “Mark Borrecco’s extensive experience and leadership style make him a great fit for Banner. He respects our strong culture and approach to doing business, and has a deep understanding of our markets.”

Borrecco has more than 25 years of banking experience focused in the Western U.S., most recently as the California president of a large regional bank. Prior to that, he held positions as president, CEO, chief banking officer and national sales manager with regional and community banks. Borrecco earned his bachelor’s degree in economics from California State University. He has served on the Pacific Coast Banking School board of directors and the Greater Sacramento Economic Council, chairing the Food and Ag Innovation Committee.

“I am excited to join this talented team and to build on Banner’s strong foundation to help drive growth and deliver exceptional value to our clients and all stakeholders,” Borrecco said.

About Banner Bank

Banner Bank is a Washington-chartered commercial bank conducting business in Washington, Oregon, California and Idaho. Banner offers a wide variety of banking services and financial products to individuals and small and medium-sized businesses and their employees. Banner Bank is part of Banner Corporation (NASDAQ GSM: BANR), a $15.7 billion bank holding company headquartered in Walla Walla, Washington. Visit Banner Bank at www.bannerbank.com.

Kelly McPhee

Senior Vice President, Communications

(509) 991-0575 or kelly.mcphee@bannerbank.com

Source: Banner Bank

FAQ

Who is Mark Borrecco and what is his new role at Banner Bank (BANR)?

Mark Borrecco is the newly appointed Chief Banking Officer at Banner Bank. He will oversee the bank's production lines of business, including commercial, commercial real estate, community banking, and mortgage, focusing on enhancing client experience and ensuring growth and profitability across all banking divisions.

What experience does Mark Borrecco bring to his new position at Banner Bank (BANR)?

Mark Borrecco brings over 25 years of banking experience focused in the Western U.S. He previously served as the California president of a large regional bank and has held positions as president, CEO, chief banking officer, and national sales manager with regional and community banks.

How does Banner Bank (BANR) expect to benefit from hiring Mark Borrecco?

Banner Bank expects to accelerate its company growth strategies, including a focus on client acquisition, with the addition of Mark Borrecco to the executive leadership team. His extensive experience and leadership style are seen as a great fit for Banner's culture and approach to doing business.

What educational background and board experience does Mark Borrecco have?

Mark Borrecco earned his bachelor's degree in economics from California State University. He has served on the Pacific Coast Banking School board of directors and the Greater Sacramento Economic Council, where he chaired the Food and Ag Innovation Committee.

Banner Corp.

NASDAQ:BANR

BANR Rankings

BANR Latest News

BANR Stock Data

2.59B
33.69M
1.64%
93.26%
2.03%
Banks - Regional
State Commercial Banks
Link
United States of America
WALLA WALLA