Coastal Community Bank appointed Daniel J. Lee executive vice president and chief credit and risk officer. He will oversee the management and strategic direction of credit and risk, audit and compliance, and BSA activities.
Lee brings more than three decades of experience in the financial services industry with expertise in mergers and acquisitions and middle market and large corporate lending. In his most recent role as executive vice president, chief credit officer for Bank of the Cascades, he managed all credit administration and loan operations and worked to increase credit performance, resolve regulatory issues and acquire banks in the Pacific Northwest.
After helping Bank of the Cascades to more than double its assets and loans in just five years, Bank of the Cascades was acquired by First Interstate Bank in 2017. Prior to that, Lee served in senior leadership roles of both public and privately held banks.
“Having managed larger banks through acquisitions and record periods of growth, Dan brings a unique and broad skill set to our executive team,” said Eric Sprink, CEO and president of Coastal Community Bank. “His proven track record will strengthen our financial position as we continue to evolve.”
