Washington Federal Announces Michelle Coons as Its New New Mexico Regional President
November 27 2017 - 04:34PM
Business Wire
Washington Federal, Inc. (NASDAQ: WAFD) today announced that
effective January 1, 2018, Michelle Coons will lead its New Mexico
territory as Senior Vice President and Regional President. Bill
Synnamon, its current NM Regional President, is retiring effective
December 31, 2017, after serving in this capacity over the last 6
years. Michelle and Bill, whose career paths have crossed in the
past at United New Mexico, will begin working together on the
transition of duties as of December 1st. Michelle will maintain
offices in Albuquerque and Santa Fe.
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Michelle Coons, New Mexico Regional
President, Washington Federal, Inc. (Photo: Business Wire)
Michelle is a thirty-four-year veteran of NM banking, having
held positions as a Regional President, a Community Bank President
and a multi-state Commercial Banking Manager over the last 18
years. She is well known across the state for her community
leadership having served as past board chairs for the UNM
Foundation, Accion, the Association of Commerce and Industry and
the UNM Alumni Association. Her current community involvement also
includes the New Mexico Space Authority, New Mexico Amigos, New
Mexico Women’s Forum and Economic Forum. Michelle is a UNM graduate
with a BBA from the Anderson Schools of Management, attended UNM’s
New Mexico School of Banking and the National Commercial Lending
Graduate School at the University of Oklahoma.
Washington Federal President & CEO, Brent Beardall, said,
“We are pleased to have Michelle join our leadership team as
Washington Federal is celebrating its 100th anniversary. Our New
Mexico roots began in Roswell in 2007, grew again in 2011 with the
Beal/Charter bank acquisition in Santa Fe and Albuquerque and then
expanded statewide with the acquisition of 11 branches from Bank of
America in 2014. Consequently, Michelle will oversee 25 branches, 4
commercial banking markets, $843 million in deposits, $597 million
in loans and 49 licensed mortgage officers throughout her
territory. I am confident she is the right leader to continue to
grow our customer base, to further raise our visibility and to take
us to the next level in New Mexico.” Michelle shared, “I am excited
about this opportunity and believe that Washington Federal is well
positioned in New Mexico to help business owners and homeowners
achieve their goals.”
Washington Federal is a national bank that operates 237 branches
in Washington, Oregon, Idaho, Utah, Arizona, Texas, Nevada and New
Mexico. It has been publicly traded since 1982 and is in its 139th
consecutive quarter of paying dividends. The bank provides consumer
and commercial deposit accounts, financing for small to middle
market businesses, commercial real estate and residential real
estate, including consumer mortgages, home equity lines of credit
and insurance products through a subsidiary. As of September 30,
2017, the Company reports $15.3 billion in assets, $10.8 billion in
deposits and $2 billion in stockholders’ equity.
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Washington Federal, Inc.Brad Goode,
206-626-8178Brad.Goode@wafd.com
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