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Bank of the Northwest Receives Top 10 Growth Award.


Business Editors

PORTLAND, Ore.--(BUSINESS WIRE)--May 8, 2002

Bank of the Northwest (Nasdaq:BKNW) received Portland Chamber of Commerce's Top Ten Growth Award, presented May 8.

Bank of the Northwest was the only financial institution to receive the award this year, which recognized the Bank's continued rapid growth in 2001. The Bank opened in Portland on Oct. 15, 1996, and has grown to $346 million in assets in less than six years.

"We are pleased to be recognized by the Portland business community," said 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. "When we started the Bank, we were committed to building lasting relationships by providing exceptional service delivered by experienced and dedicated banking professionals. This award recognizes the success achieved by our team of bankers and reinforces our commitment to our original strategy."

Bank of the Northwest is a locally owned and managed full-service commercial bank. 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 Banking, Real Estate Banking, Private Banking, 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 Lake Grove is the name of several towns in the United States:
  • Lake Grove Township in Minnesota,
  • Lake Grove in New York.
  • Lake Grove, Oregon
 District; and Tualatin. 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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Publication:Business Wire
Date:May 8, 2002
Words:252
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