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Banner Bank has promoted Jim Costa, Executive Vice President and Chief Risk Officer, to Chief Operating Officer. This move aims to streamline the bank's operations, integrating technology, operations, and risk management to foster growth while maintaining a moderate risk profile. CEO Mark J. Grescovich highlighted Costa's nearly 30 years of experience in regional banks and his previous roles at TCF Financial. This change reflects Banner Bank's commitment to internal talent development and positioning for future success in a rapidly evolving industry. Banner Bank operates in Washington, Oregon, California, and Idaho, and is part of Banner (NASDAQ: BANR), a $15.7 billion bank holding company.
Banner (NASDAQ: BANR), the parent company of Banner Bank, announced that shareholders approved all proposals and re-elected all director nominees at the 2024 Annual Meeting of Shareholders held virtually on May 22, 2024.