Bank of the Northwest Employees to Contribute to Relief Efforts.Business Editors PORTLAND, Ore.--(BUSINESS WIRE)--Sept. 14, 2001 Daniel J. Durkin, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Bank of the Northwest (Nasdaq:BKNW) announced today that the Bank's employees had elected to forgo their 5th anniversary gala and instead contribute the funding designated for the gala to aid the victims of the attacks on the East Coast. The celebration was scheduled in October 2001, commemorating the Bank's five-year history. "Our employees voted overwhelmingly to make this contribution," said Durkin. "We commend them for their thoughtful gesture, and have decided to match their gift with a corporate donation." In total, $15,000 will be donated to the American Red Cross American Red Cross: see Red Cross. disaster relief fund on behalf of the employees of Bank of the Northwest. This is the largest donation made in the history of the Company and represents approximately 1% of the Banks's pre-tax profits in 2000, or approximately $200 per employee. The Bank has also opened an account for Bank customers and friends that are interested in making private donations to the American Red Cross disaster relief fund. Donations can be made at any of the Bank's five branches located 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 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. Bank of the Northwest operates five branches: 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 Lake Grove is the name of several towns in the United States:
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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