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February 10, 2016 8:18 AM ET

Banks

Company Overview of Northrim Bank

Company Overview

Northrim Bank provides various banking services to businesses, professionals, and individuals in Alaska. It offers spend and save products such as checking, savings and money market accounts; debit cards; cash back rewards; and credit cards. The company’s personal banking services also include loans and credit lines, and mortgage loans; investment and plan products, which include CDs, investment portfolios and annuities, individual retirement accounts, education savings accounts, and health savings accounts; and online banking and bill pay, mobile and text banking, money management, and overdraft protection. In addition, it offers business banking services such as business lending and accele...

3111 C Street

Anchorage, AK 99503

United States

Founded in 1990

Phone:

907-562-0062

Fax:

907-261-6286

Key Executives for Northrim Bank

Chief Executive Officer, President, Director and Director of Northrim Bancorp, Inc
Age: 57
Chief Financial Officer and Executive Vice President
Age: 36
Chief Technology Officer and Administrative Senior Vice President
General Counsel, Executive Vice President and Corporate Secretary
Senior Vice President and Human Resources Director
Compensation as of Fiscal Year 2015.

Northrim Bank Key Developments

Northrim Bank Announces Management Changes

Northrim BanCorp Inc. announced that Marc Langland will be retiring from the Board of Directors of both the Bancorp and Northrim Bank effective December 31, 2015. Joe Beedle, President, CEO and a director will assume the duties of Chairman of the Board for both the Bancorp and Northrim Bank. Joe Schierhorn, Chief Operating Officer and Northrim Bank's President, will be appointed to fill Langland's seat on both the Bancorp and Northrim Bank's boards and will become the CEO of Northrim Bank. The appointments for Mr. Beedle and Mr. Schierhorn will become effective January 1, 2016.

Northrim Bank Announces Management Changes

Northrim Bank announced the following promotions and management changes effective immediately: Joe Schierhorn is now President and remains Chief Operating Officer of Northrim Bank. Latosha Frye is now Executive Vice President and continues to serve as Chief Financial Officer. Mike Martin is now Executive Vice President General Counsel and Corporate Secretary assuming the role of Corporate Secretary from Joe Schierhorn. Steve Hartung remains Executive Vice President at both entities and moves to lead Corporate Development and Affiliate Relations.

Northrim Bank Promotes Mark Edwards to Senior Vice President, Commercial Loan Unit Manager and Bank Economist

Mark Edwards has been promoted to senior vice president, commercial loan unit manager, and bank economist at Northrim Bank. Edwards has been with the bank for seven years.

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