WaFd Bank Promotes Veteran Banker Dan LaCoste to Regional President for Southern Oregon

Rhea-AI Summary

Washington Federal, Inc. (Nasdaq: WAFD) announced the promotion of Dan LaCoste to lead its operations in Southern Oregon. Under his leadership, the bank's commercial loan portfolio grew by nearly $250 million, alongside a deposit increase of over $160 million. LaCoste, a seasoned banker with 25 years of experience, emphasizes a servant leadership approach. WaFd Bank's CEO, Brent Beardall, expressed confidence in LaCoste's ability to foster client relationships and drive growth in the region.

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• Commercial loan portfolio increased by nearly $250 million.
• Deposits grew by over $160 million.

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• None.

SEATTLE--(BUSINESS WIRE)-- Washington Federal, Inc. (Nasdaq: WAFD) (the “Company”), parent company of Washington Federal Bank, “WaFd Bank” today announced the promotion of veteran commercial banker Dan LaCoste to lead the bank’s growing presence in Southern Oregon. An accomplished banker in Oregon, Dan joined WaFd Bank three years ago as Senior Vice President – Commercial Division Manager. In that short tenure his team has successfully grown the commercial loan portfolio by nearly a quarter of a billion dollars and deposit growth of more than $160 million dollars. Mr. LaCoste started his banking career in 1997 and over the past 25 years he has grown to be a leader in his community and the financial industry. He held leadership roles, including Region President during his 21 years at US Bank leading private banking, commercial, retail and operations. Dan is a 2010 graduate of the Pacific Coast Banking School and has held board chair and board president roles at several non-profit organizations in the Eugene, Oregon region.

LaCoste commented, “I pride myself as a servant leader, who is there to remove roadblocks to get the job done while keeping employees and customers first and foremost. WaFd Bank’s culture is the right fit for my style to grow our teams and business throughout Southern Oregon. My motto is, keep it real, be authentic, and be yourself.” WaFd Bank President and Chief Executive Officer Brent Beardall said, “Dan has consistently brought outside the box thinking and problem solving to WaFd. He is a facilitator of ideas and skillfully builds leaders within business lines to ensure the highest level of production and success. I’m confident he and his team will continue to build solid client relationships throughout our Southern Oregon region.”

Washington Federal Bank, a national bank with headquarters in Seattle, Washington, has more than 200 branches in eight western states. To find out more about WaFd Bank, please visit our website www.wafdbank.com. WaFd Bank uses its website to distribute financial and other material information about the Company.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220928005333/en/

Brad Goode

Washington Federal Bank

425 Pike Street, Seattle, WA 98101

(206) 626-8178

Source: Washington Federal, Inc.