WALNUT CREEK, CALIF (PRWEB) June 09, 2016
Pacific Coast Bankers’ Bank (PCBB) announced today two key appointments to its regional team in the MidAtlantic, strengthening the company’s position as a national leader in financial services focused on the needs of community banks.
Dennis J. Falk joins PCBB as senior vice president and MidAtlantic regional manager based in Virginia, and John F. Cavanaugh has been named senior vice president of international services based in Maryland. The increased need for comprehensive solutions in this region has made it necessary for the company to expand its regional team in support of its already strong presence in the area.
Falk brings over 34 years of community bank experience to PCBB, his career spanning from regulatory and bank examination at the Federal Reserve Bank of Atlanta, to credit and finance positions at multiple Virginia-based community banks. Additionally, Falk has served on ALCO committees, managed regulatory relations, loan services and operations divisions.
“Dennis is uniquely positioned to support community banks, particularly given his experience in the compliance, credit and finance areas of the industry,” said Sonia Portwood, EVP and Director of Business Development at PCBB. Portwood continued, “His breadth of knowledge directly translates to his proven ability to help community banks be successful and competitive.”
Cavanaugh has been with PCBB since 2009 and has over 23 years of banking experience, most recently serving as regional manager for the company’s MidAtlantic team. In direct response to the rise in customer demand for international services, Cavanaugh will now be responsible for serving as an international services expert and continue to support the relationships in the region.
“John has been critical in identifying and supporting the growing needs of community banks and is trusted by the customers he serves,” said Mike Dohren, executive vice president and chief financial officer of PCBB. Continuing, “In this new capacity, he is strategically positioned to support the increased customer demand for international solutions”.
PCBB was founded by community bankers to help community banks build stronger institutions by offering services that level the playing field with the largest banks. Unlike many correspondent banks, our community bank ownership also means PCBB does not compete with our customer banks. Today, PCBB provides community banks across the nation with comprehensive solutions and services, including traditional correspondent banking, as well as a host of performance, lending and consulting solutions.
For more information about PCBB, please visit http://www.pcbb.com.
PCBB (“Pacific Coast Bankers’ Bank”) was founded in 1997 by community bankers and is a wholly-owned subsidiary of Pacific Coast Bankers’ Bancshares. PCBB is a state-chartered, FDIC-insured member of the Federal Reserve System, serving the needs of community based financial institutions. PCBB solutions include loan sales and purchases, loan participations, international, hedging and correspondent services. Consulting services include online risk adjusted loan pricing, relationship profitability and risk management. PCBB also has a subsidiary, PCBB Capital Markets, which offers broker dealer services.