Bank of the Northwest Announces Appointment of Key Business Line Managers.Business Editors PORTLAND, Ore.--(BUSINESS WIRE)--Jan. 7, 2002 Bank of the Northwest (Nasdaq:BKNW) announced today the promotions of three senior managers to head up its key business lines. The Bank announced the promotion of Karen Lantz Fornshell to Senior Vice President and Manager of Professional Banking, Steve R. Gray to Senior Vice President and Manager of Private Banking and Walt Krumbholz to Senior Vice President and Manager of Commercial Banking. The Bank's fourth key business line, Commercial Real Estate Lending, is led by Senior Vice President John Sherwood John Sherwood can refer to different people:
Fornshell has over 18 years of banking experience and joined Bank of the Northwest in 1996 as Vice President and Manager of Retail Operations. Previously, she was with Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , Oregon where she served as Branch Manager of the Wilsonville Branch. She also has held a variety of positions with West One Bank, Oregon including Regional Operations Officer. Fornshell oversees Professional Banking and Cash Management for the Bank. Gray has been in banking in Portland since 1978. Prior to joining Bank of the Northwest in 2001, he served as Vice President and Relationship Manager in Private Banking and Investing for Key Bank of Oregon. Gray also spent 18 years with First Interstate/Wells Fargo with experience in Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , Consumer and Commercial Lending and Branch Management. He will be responsible for overseeing the Private Banking Group. Krumbholz has more than 15 years in the banking industry and joined Bank of the Northwest in 2000. Prior to joining the Bank, he was owner and manager of an occupational health and safety, training and regulation compliance consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a for 8 years. He has had extensive banking experience with First Interstate Bank of Oregon, as Vice President, General Auditor and Chief Examiner The Chief Examiner was a fictional character, an alien appearing in the Marvel Comics universe. It would study a superhuman, often by forcing them to run through some sort of deathtrap scenario, then used the collected data to create duplicates of the superhuman being. . His banking background also includes positions in commercial lending, corporate credit administration and the bank's legal department where he served as Associate General Counsel. He will be responsible for overseeing the Commercial Banking Group. Bank of the Northwest is a locally owned and managed full-service commercial bank that opened for business in October of 1996. The Bank is headquartered in downtown Portland Downtown Portland is located on the west bank of the Willamette River in Portland, Oregon. It is in the northeastern corner of the southwest section of the city and is where most of its high-rise buildings are found. and serves the needs of both businesses and individuals throughout the Portland metropolitan area The Portland-Vancouver, Oregon-Washington, Metropolitan Statistical Area, also known as the Portland metropolitan area or Greater Portland, is an urban area in the U.S. states of Oregon and Washington centered around the city of Portland, Oregon. . Bank of the Northwest has five banking offices from which it operates its four primary business lines, namely Commercial, Real Estate, Private, and Professional Banking. The five offices are located in downtown Portland in the Pioneer Tower Building; northwest Portland at 21st and Burnside; Raleigh Hills; Lake Oswego Lake Os·we·go A city of northwest Oregon, a residential suburb of Portland. Population: 35,800. in the Lake Grove District; and Tualatin. The Bank has grown to over $309 million in total assets since its founding five years ago. Its stock currently trades on NASDAQ under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors BKNW and its web site can be found at www.bknw.com. |
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