Banner Bank Promotes McLean to Executive Vice President of Commercial Real Estate Lending Division

The Banner Bank executive leadership team is pleased to announce Jim McLean has been promoted to Executive Vice President of the Commercial Real Estate Lending Division, and a member the Executive Management Committee. McLean is filling the position vacated by Doug Bennett who retired after more than 30 years of dedicated service to the bank.

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In his new role, McLean leads a team of nearly 80 throughout the Bank's five state footprint, including the Multifamily Lending Group, Commercial Real Estate Specialty Unit, Residential Construction and Income Property Divisions, and loan administration related to this division.

McLean joined Banner Bank in November 2010 as Senior Vice President in the Commercial Real Estate Division. Prior to that, he garnered 20 years of real estate finance experience while working for two Top 30 U.S. commercial bank holding companies, including 10 years in executive leadership roles and as a principal of a mid-sized regional commercial real estate development firm.

"Jim is well prepared for this expanded role within the company," said Mark J. Grescovich, President and Chief Executive Officer. "Under Jim's leadership, the team will further focus on driving asset growth, responding to the new regulatory environment, maintaining credit discipline and remaining stewards of the balance sheet."

Jim earned his bachelor's degree from the University of Washington. His community volunteering is focused on organizations that serve local youth, including the Boy Scouts of America, Lake Washington School District and numerous coaching positions.

About Banner Bank

Banner Bank is a Washington-chartered commercial bank that conducts business from more than 200 locations in Washington, Oregon, California, Utah and Idaho. Banner Bank is a community bank which offers a wide variety of commercial banking services and financial products to individuals and small and medium-sized businesses and their employees throughout the western U.S. Visit Banner Bank at www.bannerbank.com.

About Banner Corporation

Banner Corporation BANR is a $10 billion bank holding company operating two commercial banks in five Western states through a network of branches offering a full range of deposit services and business, commercial real estate, construction, residential, agricultural and consumer loans. Visit Banner Bank on the Web at www.bannerbank.com.

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