Centennial Bank Announces: New Business Development and Merchant Banking Officers; Promotion of Lane County Commercial Banking Manager; New Credit Services Group Formation.Business Editors NOTE TO MEDIA: Photos are available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com and at www.newstream.com PORTLAND, Ore.--(BUSINESS WIRE)--Feb. 1, 2002 Centennial Bank (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 :CEBC CEBC Center for Ethical Business Cultures (University of St. Thomas) CEBC Consulting Engineers of British Columbia CEBC Centre d'Études Biologiques de Chize CEBC Conselho Empresarial Brasil-China CEBC Centre For Evidence-Based Conservation ) made the following announcements today. The Bank has hired John H. Holloway, Jr., as Vice President and Business Development Officer. Holloway brings more than fifteen years of bank management experience at other Oregon financial institutions. Initially, he served as in-house counsel for U.S. Bank. Most recently, he was President for Northern Bank of Commerce, based in Portland. He also served there for two years as Director of Marketing. He is a graduate of the University of Oregon The University of Oregon is a public university located in Eugene, Oregon. The university was founded in 1876, graduating its first class two years later. The University of Oregon is one of 60 members of the Association of American Universities. , and holds a law degree, also from the University of Oregon. Mr. Holloway will be responsible for leading business development efforts of Centennial Bank's Commercial Banking Division, with particular emphasis in 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. . He will be located at the 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. Commercial Banking Center at One SW Columbia Street. His direct phone number is 971-544-1081. "John will lead us in delivering a high performance sales effort that enables our company to achieve aggressive business goals," said Mike Paul, Executive Vice President, Commercial Banking Division. "John's Northwest commercial banking expertise and experience at all levels provides a great fit for this position, and we look forward to his contributions moving forward." Centennial Bank also has hired Randy Ernst as Vice President and Merchant Banking Officer, to head its fast growing Merchant Banking unit. Mr. Ernst is a veteran of the leasing 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. industry, and brings a credit and sales background to this unit. Merchant Banking offers alternative funding solutions to companies, which find traditional financing inadequate, restrictive or altogether unavailable. "We are excited to have someone of Randy's caliber to drive our business forward," said Mike Paul. Mr. Ernst will be located at Southwest Portland Commercial Banking Center in Tigard. His direct phone number is 971-544-1056. In other news, Terry Gent, Manager of Centennial Bank's Eugene Commercial Banking Center, has been promoted to Senior Vice President. Mr. Gent has managed the Eugene Commercial Banking Center since 1999, overseeing an eight-member commercial banking team, which has produced significant increases in Lane County commercial banking business. In addition to these duties, Mr. Gent also recently completed studies at Pacific Coast Banking School. "Terry has earned this promotion as result of his professionalism professionalism the upholding by individuals of the principles, laws, ethics and conventions of their profession. and commitment to excellence," said Mr. Paul. "He has achieved excellent results in our highly developed southern area of operations An operational area defined by the joint force commander for land and naval forces. Areas of operation do not typically encompass the entire operational area of the joint force commander, but should be large enough for component commanders to accomplish their missions and protect their . We look to him for continuing the strong leadership and contributions he has demonstrated there," said Mr. Paul. Finally, Centennial Bank has formed a new Credit Services Group in Portland, and selected Malcolm Hodge to oversee it. Hodge has been with Centennial Bank for three years, most recently as a top-producing Commercial Banking Officer at the Downtown Portland Commercial Banking Center, serving middle-market company lending needs. He is now responsible for day-to-day management and productivity of credit servicing needs within the Commercial Banking Division. He began at Centennial Bank as a Credit Analyst and a participant in the bank's credit training program. Before joining Centennial, he worked as an analyst at M Financial Group. He holds an undergraduate degree “First degree” redirects here. For the BBC television series, see First Degree. An undergraduate degree (sometimes called a first degree or simply a degree in Economics from the University of Virginia, and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration in Finance from the University of Oregon. "Malcolm's high-level experience in credit analysis and sales provides a solid foundation to achieve our credit servicing goals this year," concluded Mike Paul. Mr. Hodge will be located in Portland Main Office in the downtown business district. About Centennial Bancorp Centennial Bancorp is a bank holding company organized in 1981, whose subsidiary is Centennial Bank, both headquartered in Portland, Oregon. Centennial Bank currently operates twenty-two banking offices. Thirteen are in the Portland metropolitan area; two in Vancouver, Washington
Vancouver, Washington is a city on the north bank of the Columbia River, in the state of Washington, USA. It is the county seat of Clark County. ; one in Salem; and six in Lane County. Centennial will open a new full-service office in the Gresham community east of Portland on February 19, 2002. The Bank also operates four mortgage lending offices, and six commercial banking centers directed to the needs of middle market commercial customers. Centennial Bancorp's common stock is traded on the NASDAQ National Market and the Russell 200 Index under the symbol "CEBC." For more information, please contact Centennial Bancorp, One SW Columbia Street, Suite 900, Portland, Oregon 97258. Telephone: (503) 973-5556; FAX: (503) 973-5557. Web address: www.centennialbank.com. This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Act of 1995, including statements concerning the continued financial performance of the company and its plans and opportunities for future growth. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially than those expected. Specific risks include, but are not limited to, general business and economic conditions, competitive factors, pricing pressures, further interest rate changes, and other factors listed from time to time in Centennial Bancorp's SEC reports. Note: Photos are 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. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.020102/bb6 http://www.businesswire.com/cgi-bin/photo.cgi?pw.020102/bb6a http://www.businesswire.com/cgi-bin/photo.cgi?pw.020102/bb6b http://www.businesswire.com/cgi-bin/photo.cgi?pw.020102/bb6c |
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