What Happened?
Olympia, WA-based Heritage Bank Promoted Lisa Welander as Chief Information Officer
Date of management change: January 31, 2015
Olympia, WA-based Heritage Bank Promoted Lisa Welander as Chief Information Officer
Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small businesses and general public. The company accepts various deposit products, such as non-interest demand accounts, negotiable order of withdrawal accounts, money market accounts, savings accounts, and certificates of deposit. Its loan portfolio includes commercial and industrial loans, one-to-four family residential loans, real estate construction and land development loans, consumer loans, business lines of credit, and term equipment financing, as well as commercial loans to real estate related industries and businesses in agricultural, healthcare, legal, and other professions. As of December 31, 2014, the company had a network of 66 branches located in Washington and Oregon. Heritage Financial Corporation is headquartered in Olympia, Washington.
Lisa L. Welander serves as a Senior Vice President and the Chief Information Officer at Heritage Financial Corp. and Heritage Bank. Welander Joined Heritage Bank in 1999 as senior VP of operations administration; in 2001, she was promoted to her current role. Before Heritage, she served 16 years with West Coast Bank and its predecessor, Centennial Bank. Welander is a graduate of the South Puget Sound Community College with an ATA in accounting and a 2013 graduate of Pacific Coast Banking School.
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