Bridgewater Bancshares, Inc. and Bridgewater Bank Appoints Douglas J. Parish to Serve on it Boards
July 26, 2018 at 09:05 am EDT
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Bridgewater Bancshares, Inc. and Bridgewater Bank announced Douglas J. Parish has been appointed to serve on the Board of Directors for Bridgewater and Bridgewater Bank. As both a Certified Public Accountant and a Certified Internal Auditor, Doug is a financial expert with 30 years of diverse experience across a number of disciplines, including accounting, finance, audit, risk management, regulatory compliance and corporate governance. Most recently, Mr. Parish served as Senior Vice President and Chief Compliance Officer for Ameriprise Financial, Inc. Recruited to Ameriprise in 2005 at the time of the company’s spin-off from American Express, he worked to build a world-class internal audit function for this Fortune 250 diversified financial services company. Prior to his tenure at Ameriprise, Mr. Parish was Vice President and Chief Internal Auditor at Ceridian Corporation and held numerous audit roles at Citigroup.
Bridgewater Bancshares, Inc. is a financial holding company with one wholly owned subsidiary: Bridgewater Bank (the Bank). The Bank focuses primarily on commercial lending, consisting of loans secured by nonfarm, nonresidential properties, loans secured by multifamily residential properties, nonowner occupied single family residential properties, construction loans, land development loans and commercial and industrial loans. It offers loan and deposit products primarily for commercial clients. The Bank has developed a suite of deposit products targeted at commercial clients, including a variety of remote deposit and cash management products, along with commercial transaction accounts. The Bank also offers consumers traditional retail deposit products through its branch network, along with online, mobile, and direct banking channels. The Bank has seven full-service offices located in Bloomington, Greenwood, Minneapolis (two), St. Louis Park, Orono, and St. Paul, Minnesota.