Heritage Financial, parent company of Heritage Bank, named Tony Chalfant to succeed Dave Spurling as chief credit officer of Heritage Bank effective July 1. Chalfant has held the title of senior vice president and deputy chief credit officer of Heritage Bank since July 2019.
Heritage Bank added a new commercial banking team in the greater Portland, OR area. The new team includes Chris Kane, Amber Clark, Kyle Gibson, Brandon Posey, Patrick Ridenour, Stephanie Kreiger and Paige Rinde.
QuickLogic amended its loan and security agreement with Heritage Bank of Commerce, increasing its revolving line of credit from $9 million to $15 million.
Atlanta-based Heritage Bank is partnering with Diversified Funding to offer AR factoring and AR/ABL credit lines in local branches and throughout the U.S.