Frontier Bank Appoints Head of New Business Banking Division
December 10 2008 - 8:37PM
Marketwired
Frontier Financial Corporation (NASDAQ: FTBK), the financial
holding company for Frontier Bank, announced appointment of
long-time banker Milt Douglas to head its new Business Banking
Division. In his new position as Executive Vice President, Douglas
will head a team of commercial bankers focused on expanding the
bank's business portfolio. The bank recently announced management
changes and a renewed emphasis on developing a strong business
banking franchise.
Douglas joined Frontier Bank in 2006 when he was hired to open
their 45th office located in Bellevue. His career spans nearly 40
years in the industry, most recently with Wells Fargo as senior
vice president and manager of their Eastside Business Banking
Division. He has also worked for a number of other banks in the
area including US Bank and Pacific Northwest Bank. Expressing
enthusiasm for this new role, Douglas commented, "Frontier Bank's
business banking rivals any of our competitors. Our real strength
lies in our commitment to relationship banking and the service
culture we have always been known for."
Pat Fahey, Frontier's new Chairman, stated, "Milt has a
tremendous background in commercial and industrial relationship
management, and we are excited to have such expertise heading up
this new group." Fahey continued, "We've always been a great
business bank, and though these are challenging times, we feel
strongly that this represents a great opportunity for
Frontier."
Frontier is a Washington-based financial holding company
providing financial services through its commercial bank
subsidiary, Frontier Bank. Frontier offers a wide range of
financial services to businesses and individuals in its market
area, including investment and insurance products.
Contact: Pat Fahey Chairman and CEO Frontier Financial
Corporation (425) 423-7250 John J. Dickson President Frontier Bank
(425) 514-0700 Michael J. Clementz President Frontier Financial
Corporation (425) 514-0717
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