Banner Corporation (Nasdaq:BANR), the parent company of Banner Bank and Islanders Bank, today announced that Mark J. Grescovich, President and CEO, is scheduled to present at the Keefe, Bruyette & Woods 12th Annual Community Bank Investor Conference in New York.

Banner's presentation is on Wednesday, August 3, 2011, at 11:00 a.m. EDT.  The live and archived presentation can be viewed at http://www.kbw.com/news/conferenceCommunity2011.html.

About the Company

Banner Corporation is a $4.21 billion bank holding company operating two commercial banks in Washington, Oregon and Idaho. Banner serves the Pacific Northwest region with a full range of deposit services and business, commercial real estate, construction, residential, agricultural and consumer loans. Visit Banner Bank on the Web at www.bannerbank.com.   

CONTACT: MARK J. GRESCOVICH,
         PRESIDENT & CEO
         LLOYD W. BAKER, CFO
         (509) 527-3636
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