Bank of Marin Bancorp : President and CEO Russell A. Colombo Named to California Bankers Association Board
January 27, 2017 at 06:05 pm EST
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NOVATO, CA - (January 27, 2017) - Bank of Marin (NASDAQ: BMRC) has announced that President and Chief Executive Officer Russell A. Colombo has been named to the Board of Directors of the California Bankers Association (CBA). Colombo joined Bank of Marin in 2004 as Executive Vice President and Branch Administrator. He was appointed Executive Vice President and Chief Operating Officer of Bank of Marin in 2005 and assumed the position of President and Chief Executive Officer in 2006. He and his wife reside in Novato, CA.
Established 125 years ago, the California Bankers Association is one of the largest state banking trade associations in the country. CBA leads the way in developing relevant legislative and educational solutions to some of California's more pressing financial and banking issues, including financial empowerment, identity theft, financial privacy, and financial elder abuse. CBA's membership includes the majority of California's commercial, industrial and community banks and savings associations.
'Banks and the banking industry are under close scrutiny on many fronts these days,' said Colombo. 'The CBA plays a critical part in shining a light on not only the economic value we provide to our state but also the positive role we play in the communities we serve. Bank of Marin is proud to be a long-standing member and I'm honored to join the CBA Board.'
Bank of Marin Bancorp published this content on 27 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 January 2017 23:05:02 UTC.
Original documenthttps://www.bankofmarin.com/about-us/news/press-release-archive/bank-marin-president-ceo-russell-colombo-named-california-bankers-association-board/
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Bank of Marin Bancorp is a holding company for Bank of Marin (the Bank). The Bank offers a suite of business and personal financial products and services designed to meet the needs of its customers. Its lending categories include commercial real estate loans, commercial and industrial loans, construction financing, consumer loans and home equity lines of credit. Through third-party vendors, it offers merchant and payroll services, a commercial equipment leasing program and credit cards. Its other products and services include payment solutions (mobile deposit and Zelle) and a wide array of treasury management services. It offers personal and business checking and savings accounts, and a number of time deposit alternatives, including time certificates of deposit, Individual Retirement Accounts (IRAs), Health Savings Accounts (HSA), Certificate of Deposit Account Registry Service (CDARS), Insured Cash Sweep (ICS), and Demand Deposit Marketplace (DDM Sweep) accounts.