STOCK TITAN

Heritage Bank announces new commercial and relationship banking teams in Vancouver, Washington; Portland and Eugene, Oregon

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

Heritage Bank, part of Heritage Financial Corporation (Nasdaq: HFWA), is expanding its commercial and relationship banking teams in Vancouver, WA; Portland; and Eugene, OR. The newly formed teams consist of a regional manager, three team leaders, banking officers, and credit analysts, all aimed at enhancing services for commercial, small business, and nonprofit clients. President Bryan McDonald expressed confidence in the new hires' potential to support the bank's growth and service expansion in key markets. Heritage Bank operates 49 offices in Washington and Oregon.

Positive
  • Expansion of banking teams in key markets of Vancouver, Portland, and Eugene.
  • Addition of experienced staff, including regional manager and credit analysts, enhances service quality.
  • Focus on supporting commercial, small business, and nonprofit sectors aligned with community needs.
Negative
  • None.

OLYMPIA, Wash., June 1, 2022 /PRNewswire/ -- Heritage Bank, a subsidiary of Heritage Financial Corporation (Nasdaq: HFWA), is pleased to announce the addition of new commercial and relationship banking teams in Vancouver, Washington; Portland and Eugene, Oregon. The teams include a regional manager, three team leaders, banking officers, credit analysts and additional support staff dedicated to helping commercial, small business and nonprofit customers succeed.

Bryan McDonald, president and chief operating officer, commented, "We are excited to have this talented group of bankers join the bank. We think they will contribute significantly to our continuing success, and we will benefit from the experience, integrity, skill, and community focus of these high performing teams. We look forward to supporting their efforts to deliver an expanded set of high-quality banking services in the Vancouver, greater Portland, and Eugene markets."

About Heritage Financial Corporation
Heritage Financial Corporation is an Olympia-based bank holding company with Heritage Bank, a Washington state-chartered full-service commercial bank, as its sole wholly-owned banking subsidiary. Heritage Bank has a network of 49 banking offices to serve customers in Washington and Oregon. Heritage Bank also does business under the Whidbey Island Bank name on Whidbey Island. Heritage's stock is traded on the NASDAQ Global Select Market under the symbol "HFWA." More information about Heritage Financial Corporation can be found on its website at www.hf-wa.com and the Heritage Bank website at www.HeritageBankNW.com.

Cision View original content:https://www.prnewswire.com/news-releases/heritage-bank-announces-new-commercial-and-relationship-banking-teams-in-vancouver-washington-portland-and-eugene-oregon-301558608.html

SOURCE Heritage Financial Corporation

FAQ

What is the recent announcement by Heritage Financial Corporation (HFWA)?

Heritage Financial Corporation (HFWA) announced the expansion of new commercial and relationship banking teams in Vancouver, WA; Portland; and Eugene, OR.

Who are the new team members at Heritage Bank?

The new team members include a regional manager, three team leaders, banking officers, credit analysts, and support staff.

What is the focus of the new teams at Heritage Bank?

The new teams at Heritage Bank are focused on enhancing services for commercial, small business, and nonprofit customers.

How many banking offices does Heritage Bank operate?

Heritage Bank operates 49 banking offices across Washington and Oregon.

Heritage Financial Corp

NASDAQ:HFWA

HFWA Rankings

HFWA Latest News

HFWA Stock Data

890.52M
34.69M
1.91%
85.03%
1.24%
Banks - Regional
Savings Institutions, Not Federally Chartered
Link
United States of America
OLYMPIA