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HomeStreet Inc.'s chief financial officer is resigning at the end of the month after helping the once-battered Seattle banking company recapitalize.
March 15 -
Three years ago, the Seattle bank was struggling mightily with bad loans and diminishing capital. A recently completed IPO put $96 million back into the bank, putting it on the path to recovery.
March 8
HomeStreet in Seattle has hired Melba Bartels as chief financial officer, filling a position that has been vacant since March 2012.
The $4.6 billion-asset HomeStreet's previous CFO, David Hooston, left
Cory Stewart, HomeStreet's chief accounting officer, had been designated as HomeStreet's principal financial officer and principal accounting officer. Bartels will replace Stewart in those two roles. Stewart will leave the company on June 19 to pursue other opportunities, the spokeswoman said.
Bartels will become CFO effective Aug. 3. She previously worked as the CFO of auto and student lending at JPMorgan Chase. She also previously worked for Washington Mutual.