Banner Bank Appoints Mark Borrecco as Chief Banking Officer

By Tamara Parker • Thursday, September 12 15:13 • Permanent Link

Banner Bank has announced the addition of a Chief Banking Officer to its executive leadership team. Mark Borrecco has been appointed to the role, where he will oversee the Bank’s production lines of business, including commercial, commercial real estate, community banking, and mortgage.

Mark Grescovich, President & Chief Executive Officer, stated that Borrecco’s extensive experience and leadership style make him a great fit for Banner. Borrecco has over 25 years of banking experience focused in the Western U.S., most recently serving as the California president of a large regional bank.

As the new Chief Banking Officer, Borrecco is expected to drive growth and deliver exceptional value to clients and stakeholders. Banner Bank, a Washington-chartered commercial bank, conducts business in Washington, Oregon, California, and Idaho. It offers a wide variety of banking services and financial products to individuals and small and medium-sized businesses and their employees. Banner Bank is part of Banner Corporation (NASDAQ GSM: BANR), a $15.7 billion bank holding company headquartered in Walla Walla, Washington. Following these announcements, the company's shares moved -0.3%, and are now trading at a price of $55.8. Check out the company's full 8-K submission here.

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