WALLA WALLA, Wash.–(work wire) – The Banner Bank Board of Directors announced today that Cynthia “Cindy” Purcell has been promoted to Executive Vice President and Head of Strategy and Administration. Previously, she held the position of Executive Vice President, Retail Banking and Management.
“This promotion formally acknowledges Cindy’s expanded role over the past 12 months, as well as the ongoing and significant contributions she has made to our customers and our bank,” said Mark Grieskovich, Banner Bank CEO. Her strong leadership capabilities and extensive experience bring a unique talent to this expanded role. Cindy’s strategic leadership, client-centric approach and deep banking expertise are key to our continued growth and long-term performance – particularly as we strive to continually strengthen our relationships with our customers and community. ”
In her new role, Purcell will lead the implementation of the Bank’s long-term strategic objectives. For example, in partnership with Peter Conner, Executive Vice President and Chief Financial Officer, Purcell will focus on the pursuit of consistent and favorable financial results in terms of sales and profitability, as well as mergers and acquisitions. These responsibilities add to its current leadership of the retail sector (consumer and small business), digital and channel strategy, residential lending, operations, marketing and communications, government relations, facilities and procurement, and community reinvestment.
Purcell is a seasoned Banking Executive with 42 years of experience. Early in her career, she was the Chief Financial Officer of a community bank that later merged into Banner Bank. Since joining Banner, she has held important leadership positions with expanded responsibilities, including overseeing the bank’s branch network, as well as most operations and administrative functions. In addition, she has served in various industry leadership positions at the state and national level and is a strong advocate for maintaining the strength of the banking industry.
“In the past year, we have embarked on significant bank-wide exploration to identify and implement innovative ways to continually enhance our customers’ overall experience in our rapidly evolving industry, as well as create more efficient and scalable processes to support our successful relationship banking model,” Purcell said. “I am proud of our teams’ involvement and the progress we have made. I am honored to formally take on this broader role in spearheading the development of our teams’ strategy and, most importantly, achieving our long-term strategic goals.”
About Banner Bank
Banner Bank is a commercial bank authorized in Washington and doing business in Washington, Oregon, California and Idaho. Banner offers a diverse range of commercial banking and financial products to individuals, families, and small and medium-sized businesses. Banner Banner is part of Banner Corporation, a $16.6 billion banking holding company headquartered in Walla Walla, Washington. Visit Banner Bank at www.bannerbank.com.