Bank of the West provides a range of financial services to consumers and businesses in the United States and the Pacific Rim. It accepts checking accounts, savings and money market accounts, certificates of deposits, and individual retirement accounts. The company’s loan products include home equity loans, mortgages, construction and vehicle financing, military loans, lines of credit, business loans, SBA loans, agricultural loans, term loans and working capital financing, equipment financing and leasing, real estate and construction financing, credit cards, and trade finance products. It also provides investment and trading services; wealth management services consisting of investment manage...
180 Montgomery Street
San Francisco, CA 94104
Founded in 1874
Bank of the West Announces Executive Promotions
Jul 29 15
Bank of the West announced three executive promotions. This month, Senior Executive Vice President for Regional Banking Andy Harmening was named Vice Chairman for Consumer Banking, and Executive Vice President and Controller Dan Beck was named Chief Financial Officer (CFO). In May, Vice Chairman Thibault Fulconis assumed the additional title as Chief Operating Officer (COO). As Vice Chairman and COO for Bank of the West, Fulconis oversees Corporate Functions, which includes the corporate support activities of Finance, Legal, Corporate Development, Technology, Human Resources, Banking Services, Corporate Real Estate, Corporate Communications, Government Affairs, Corporate Procurement and Community Affairs. He retains his position as Vice Chairman of BancWest Corporation, the holding company for Bank of the West and First Hawaiian Bank. As Vice Chairman for Consumer Banking at Bank of the West, Harmening has responsibility for all the bank's consumer services. He continues to lead Regional Banking, which includes Digital Channels, more than 600 branches and other retail locations, and small business services, and he now also oversees National Finance, which includes Mortgage Banking, auto, Recreational Vehicle and marine lending, and consumer card services. As CFO of Bank of the West, Beck oversees all financial activities and joins the bank's Executive Management Committee. He reports to former Bank of the West CFO Duke Dayal, who remains CFO of BancWest and is taking on expanded responsibilities related to BNP Paribas' wider North American operations. Fulconis has held various senior positions at Bank of the West, BancWest and BNP Paribas since 1989. Most recently, he was responsible for the Commercial Banking and National Finance business units of the bank as well as the Corporate Development function. He also served as Vice Chairman in charge of Finance. Previous to his appointment at Bank of the West, Fulconis served in various positions with BNP Paribas, including Head of Finance and Development for the International Retail and Financial Services Division. Harmening joined Bank of the West in 2005 and in 2007 was appointed head of Regional Banking, overseeing retail strategy, including customer experience and segmentation, sales, product development, branch evolution, and risk and compliance. Under his leadership the bank has received national recognition for customer service, including being named one of Money Magazine's 2013 Best Banks in America, and earning numerous Greenwich Excellence Awards. Harmening has more than 20 years of experience across product management, finance and all aspects of retail, small business and commercial banking. Beck becomes CFO following seven years as the bank's Controller. As Controller, he was instrumental in strengthening the bank's financial reporting and analysis capabilities. He also played a lead role in the bank's successful submissions under the Dodd Frank Act Stress Test (DFAST). Prior to joining Bank of the West in 2008, Beck held financial officer positions at Wells Fargo and Freddie Mac.
Doug Sherry Joins Bank of the West's Wealth Management Group as Chief Fiduciary Officer
Jul 28 15
Bank of the West announced that personal trust executive Doug Sherry has joined its Wealth Management Group as chief fiduciary officer. Sherry brings more than 20 years of experience, with extensive knowledge of fiduciary oversight and administration. In his previous roles at other major financial institutions, Sherry held fiduciary management responsibilities for trust and investment management businesses during which he led teams to grow relationships and assets under management, drive operating efficiencies, and expand partnerships with functions across complex institutions. In this role, Sherry is responsible for overseeing the bank's fiduciary responsibilities to the affluent, high net worth and ultra high net worth clients it serves. The addition of Sherry to the team comes as part of the group's focus on deepening of its solutions for the complex needs of wealth management clients as it continues to grow rapidly.
Bank of the West Wealth Management Opens New Centre in Palo Alto in California
Jul 27 15
Bank of the West Wealth Management has inaugurated a new centre in Palo Alto in California. Already present in Kansas, Nebraska, Colorado and California, this is the bank's twelfth Wealth Management centre in the US. A team of private banking advisors and Wealth Management professionals will offer a comprehensive range of exclusive, personalised wealth management services specifically tailored to HNW and UHNW private banking clients, including private individuals, families, entrepreneurs and business leaders living or working in Silicon Valley.