Bank of Marin Bancorp and Bank of Marin Appoint Russell A. Colombo as President and Chief Operating Officer
May 18, 2021 at 03:00 pm EDT
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Bank of Marin Bancorp announced that Bancorp’s Board of Directors approved the appointment by Russell A. Colombo, Chief Executive Officer, of Tim Myers as President and Chief Operating Officer of Bancorp and the Bank of Marin, effective immediately. In his new role, Mr. Myers will continue to report to the CEO and be responsible for the management of Commercial Banking, Retail Banking, Centralized Operations and Technology, Wealth Management & Trust, and Marketing. Mr. Myers has over 25 years of experience in finance and banking, spanning small business, middle market and corporate banking. He joined Bank of Marin in April 2007 as Senior Vice President and Manager of the San Francisco Commercial Banking Office. In 2013, Mr. Myers was named Senior Vice President, Head of Commercial Banking. In March 2015, he assumed the title of Executive Vice President, Commercial Banking. Mr. Myers was named Executive Vice President and Chief Operating Officer in June 2020.
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.