Judy Steiner, executive vice president and chief risk officer of Banner Bank, will retire on Nov. 25. The bank hired Jim Costa to succeed Steiner as executive vice president and chief risk officer as well as the bank’s chief banking regulatory liaison.
Janet Brown joined Banner Bank as executive vice president and chief information officer. Brown will replace Steve Rust, who spent the last 15 years as CIO at Banner Bank before retiring. Brown was previously the CIO for Garden City Group.
Banner Corporation, the parent company of Banner Bank and Islanders Bank, intends to merge Islanders Bank with and into Banner Bank, subject to regulatory approval. The integration is expected to be complete in Q1/21.
Banner Bank completed the sale of its Utah branches and related assets and liabilities to People’s Intermountain Bank, a banking subsidiary of People’s Utah Bancorp.
Banner Bank hired Gregg Marsicano as senior vice president, ABL manager. Previously, Marsicano served as SVP, BDO for Wells Fargo in the northwestern region of the U.S.