Pacific Crest Federal Credit Union to Acquire Two Branches of PremierWest

Jim Ford, President & Chief Executive Officer of PremierWest Bancorp

, the parent company of PremierWest Bank, and Kathie Philp, President & Chief Executive Officer of Klamath Falls, Oregon-based Pacific Crest Federal Credit Union, announced today the execution of a purchase and assumption agreement which results in the transfer of two PremierWest Bank branches located in Dorris and Tulelake, California, to Pacific Crest Federal Credit Union.