Heritage Financial, parent company of Heritage Bank, named Tony Chalfant to succeed Dave Spurling as chief credit officer of Heritage Bank effective July 1. Spurling will continue to assist with the bank’s credit needs until his retirement on July 31.
Chalfant has held the title of senior vice president and deputy chief credit officer of Heritage Bank since July 2019. Prior to that appointment, Chalfant served as the regional credit officer, beginning in January 2018 when Heritage acquired Puget Sound Bank. Chalfant served as the chief credit officer for Puget Sound Bank for 13 years and, prior to joining Puget Sound Bank, he held commercial lending and leadership positions with U.S. Bank for 11 years. Chalfant started his career with the U.S. Comptroller of the Currency, working there for eight years.
Spurling has served as executive vice president and chief credit officer of Heritage Bank since 2007 and has held commercial lending positions with Heritage since 2001.
“Dave and his team led the bank through a period of exceptional growth, both organically and via acquisitions, as well as difficult credit cycles, and his contribution was invaluable” Jeff Deuel, president and CEO of Heritage Financial, said. “Although we will certainly miss Dave and wish him the very best in retirement, we are confident Tony will provide the expertise needed to manage us through the current credit cycle and beyond.”
Heritage Financial is an Olympia, WA-based bank holding company. Heritage Bank is its sole wholly-owned banking subsidiary.