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MUFG Union Bank will close 20 branches of the former Frontier Bank in Washington state.
November 21 -
Polonia Bancorp in Huntingdon Valley, Pa., has hired Joseph Svetik as its president and chief executive. Svetik recently served as a director of JTNB Bancorp and, before that, had been president and CEO of ESSA Bancorp.
May 19
Inland Northwest Bank in Spokane, Wash., has hired a new chief executive.
The $447 million-asset Inland Northwest said Russell Lee will take over as CEO on June 29. Lee previously was chief operating officer of $832 million-asset Skagit Bank in Burlington, Wash., and of $1.4 billion-asset Peoples Bank in Bellingham, Wash.
Lee will succeed Randall Fewel, who had been CEO for the past 14 years. Fewel will remain chief executive of Northwest Bancorp., the holding company for Inland Northwest, until June 2016. Fewel will retire as CEO next June, but remain on the board of the bank and holding company.