Board of Directors of Riverview Bancorp Inc. Announces Election of Michael D. Allen to Director of Both Riverview Community Bank and Bancorp.Business Editors NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com and at www.newstream.com VANCOUVER, Wash.--(BUSINESS WIRE)--Feb. 1, 2001 The board of directors of Riverview Bancorp Inc. Thursday announced the election of Michael D. Allen, former executive vice president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Northwest National Bank, as a director of both Riverview Community Bank and the Bancorp. "Mike is one of the most experienced bankers in SW Washington," said Pat Sheaffer, 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 Riverview Bancorp. "His 35 years of hands on business, retail and credit management banking experience will add depth to an already-strong board at Riverview." Allen brings extensive corporate, consumer and asset management experience to Riverview. Allen, 59, began his career with Seafirst in 1964 and progressed through a number of management positions, including serving as vice president and credit supervisor for SW Washington. In 1989, Allen became the executive vice president of Northwest National Bank, responsible for commercial and retail banking operations. During Northwest National Bank's acquisition phase by US Bank, Allen served as president. Active for many years in community activities, Allen is the current chairman of the Vancouver Housing Authority and a board member of the Community Housing Resource Center. He is a past board member of the SW Washington Private Industry Council and Identity Clark County Clark County is the name of twelve counties in the United States of America:
Allen holds a bachelor of arts degree in business from Washington State University Washington State University, at Pullman; land-grant and state supported; chartered 1890, opened 1892 as an agriculture college. From 1905 to 1959 it was the State College of Washington. and is a graduate of the Pacific Coast Banking School. Riverview Bancorp Inc. stock trades on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on national market under the symbol "RVSB RVSB Raritan Valley Symphonic Band (Hillsborough, NJ) RVSB Rogue Valley Symphonic Band (Medford, OR) ". The company has $395 million in assets, 145 employees and operates 12 branches in southwest Washington, including eight branches in Clark County. Riverview Mortgage, a mortgage broker division of the bank, operates out of most of the branch offices. In September 2000, the bank moved its administrative offices to the Riverview Tower in downtown Vancouver at Ninth and Washington where it also operates a trust and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company, Riverview Asset Management Corp., as well as the business and professional banking division. News releases, product and service information, and other useful data are available at www.riverviewbank.com. Note: A Photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : URL: http://www.businesswire.com/cgi-bin/photo.cgi?pw.020101/bb12 |
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