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Pacific Northwest Bank Announces Promotion of Judith Olsen to Vice President and CRA Officer.

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SEATTLE--(BUSINESS WIRE)--Aug. 28, 2001

Pacific Northwest Bancorp (Nasdaq:PNWB) -- Judith Olsen has been promoted to the position of Vice President and CRA Officer for Pacific Northwest Bank.

In this position, Olsen will be responsible for the administration of the Bank's Community Reinvestment Program throughout the State of Washington. This function will include: assessing the credit needs of the communities in which the Bank operates, community outreach efforts, promotion of the Bank's products and services, delivery of homebuyer education and financial literacy programs and managing the Community Development activities of the Bank.

"As Pacific Northwest Bank continues to grow and expand, I am looking forward to working throughout the State to build strong partnerships," said Olsen.

"Our goal for these partnerships is to meet the financial needs of our residents and to promote economic development in the communities that we serve," she added.

Olsen has over twenty-five years experience in the financial services industry and has been a member of the Pacific Northwest Bank team since 1998. She attended the University of Nebraska at Omaha and the New York Institute of Finance. She is currently a second year student at the Pacific Coast Banking School. Olsen is very active with many groups and agencies throughout the Bank's service area, and currently holds leadership positions with Self-Help Housing of Skagit and Island counties, the Washington Community Reinvestment Association, and the Leadership Council of CRA Officers for the Federal Reserve Bank of San Francisco.

Olsen and her husband are Bellingham, Washington residents and have four grown children. In her spare time she enjoys spending time on the golf course.

Pacific Northwest Bancorp is a bank holding company, operating 55 Financial Centers through its commercial bank subsidiary Pacific Northwest Bank. Insurance products are available through Pacific Northwest Insurance Agency and investment products and services through Pacific Northwest Financial Services Inc. -- both non-banking subsidiaries of Pacific Northwest Bank.
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Publication:Business Wire
Geographic Code:1USA
Date:Aug 28, 2001
Words:317
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