WALLA WALLA, Washington – (COMMERCIAL THREAD) – The Banner Bank Board of Directors today announced that Cynthia “Cindy” Purcell has been promoted to Executive Vice President, Director of Strategy and Administration. Previously, she held the position of Executive Vice President, Retail Banking and Administration.
“This promotion officially recognizes the expanded role Cindy has played over the past 12 months, as well as the significant and ongoing contributions she has made to our customers and to our bank,” said Mark Grescovich, CEO of Banner Bank. “His strong leadership skills and extensive experience bring unique talent to this expanded role. Cindy’s strategic leadership, client-centric approach and deep banking expertise are essential to our continued growth and long-term performance, especially as we strive to continually strengthen our relationships with our clients and our community. .
In his new role, Purcell will lead the execution of the Bank’s long-term strategic corporate objectives. For example, in partnership with Peter Conner, Executive Vice President and Chief Financial Officer, Purcell will focus on pursuing consistent and favorable financial results with respect to sales and profitability, as well as mergers and acquisitions. These responsibilities are in addition to his current leadership in retail (consumer and small business), digital strategy and channels, home loans, operations, marketing and communications, government relations, community facilities and purchases and reinvestment.
Purcell is a seasoned banking executive with 42 years of experience. Early in her career, she was CFO of a community bank which later merged with Banner Bank. Since joining Banner, she has held important managerial positions with increasing responsibilities, including overseeing the Bank’s branch network, as well as most operational and administrative functions. In addition, she has held numerous leadership positions at the state and national sector levels and is a strong advocate for maintaining the strength of the banking sector.
“Last year, we embarked on a significant bank-wide exploration to identify and implement innovative ways to continually improve our overall customer experience in our rapidly evolving industry, as well as to create more efficient and scalable operations to support our successful banking relationship model, ”said Purcell. “I am proud of the commitment of our teams and the progress we have made. I am honored to formally assume this larger role in leading the strategy development of our teams and, more importantly, the achievement of our long-term strategic goals.
About Banner Bank
Banner Bank is a Washington chartered commercial bank with operations in Washington, Oregon, California and Idaho. Banner offers a wide variety of commercial banking services and financial products to individuals, families and small and medium-sized businesses. Banner Bank is part of Banner Corporation, a $ 16.6 billion banking holding company headquartered in Walla Walla, Washington. Visit Banner Bank at www.bannerbank.com.