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February 13, 2016 1:57 AM ET


Company Overview of Anchor Bank

Company Overview

Anchor Bank provides banking products and services to individuals and businesses. It offers checking and money market, savings, health savings, and individual retirement accounts; certificates of deposit; and auto, recreational vehicle, motorcycle, boat, lines of credit, term, small business administration, and commercial real estate loans. The company also provides credit cards; merchant credit card services, remote deposit capture, online payroll and billing, and employee retirement plans; and online banking, estatements, and mobile banking. Anchor Bank was formerly known as Anchor Mutual Savings Bank and changed its name to Anchor Bank in January 2011. The company was founded in 1907 and ...

100 West First Street

Aberdeen, WA 98520-6215

United States

Founded in 1907





Key Executives for Anchor Bank

Chief Executive Officer, President, Director, Chief Executive Officer of Anchor Bancorp and President of Anchor Bancorp
Age: 69
Chief Financial Officer, Executive Vice President and Director
Age: 52
Chief Information Officer and Senior Vice President
Chief Credit Administrator and Senior Vice President
Senior Vice President
Age: 47
Compensation as of Fiscal Year 2015.

Anchor Bank Key Developments

William K. Foster to Retire as a Director of Anchor Bancorp and Anchor Bank

Anchor Bancorp (company), the holding company for Anchor Bank (bank), announced that William K. Foster will retire as a director effective February 8, 2016. Mr. Foster has served as a Director of the company since its formation in 2008 and has served as a Director of the bank since 1990.

Anchor Bank Appoints Varonica S. Ragan to the Boards of Directors

Anchor Bancorp. the holding company for Anchor Bank announced its appointment of Varonica S. Ragan, CPA, to the Boards of Directors of bank, effective December 9, 2015. Ms. Ragan is Chief Compliance Officer and Director of Accounting and Finance at Brighton Jones LLC, Seattle, Washington, where she has been employed since November 2013. Ms. Ragan was recommended for appointment to the Boards of Directors of the Company and the Bank by Joel S. Lawson IV pursuant to an agreement with Mr. Lawson, dated October 21, 2015, in connection with the Company’s 2015 Annual Meeting of Shareholders, which was supplemented by an agreement providing for certain standstill provisions dated December 8, 2015.

Anchor Bancorp and Anchor Bank Appoint Joel S. Lawson Iv A Director

Anchor Bancorp reached an agreement with Mr. Lawson IV to appoint a representative of Mr. Lawson as a director of the company and Anchor Bank, within two weeks of the Annual Meeting held on October 21, 2015.

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