Agreement Announced with Inland Community Bank
Dear Current and Future Customers,
AmericanWest Bank is pleased to announce the continuation of our efforts to expand in the Southern California market with the exciting news that Inland Community Bank plans to merge with, and become a part of, AmericanWest Bank. The transaction will be accomplished through a merger of Inland Community Bank’s holding company, ICB Financial, with AmericanWest Bank’s holding company, and is subject to the receipt of all necessary regulatory and shareholder approvals, as well as other customary closing conditions.
Inland Community Bank is great bank with a team that shares our commitment to community banking and outstanding customer service. The merger presents a win-win opportunity for everyone involved and will provide benefits for customers, employees, and communities. This is an opportunity for Inland Community Bank to offer enhanced products and services, plus expanded lending capabilities that will benefit customers and provide for continued growth. AmericanWest Bank is committed to establishing a strong presence in the Southern California market, and merging Inland Community Bank will significantly further our growth goals.
Customers will find many similarities between Inland Community and AmericanWest Bank. As a business-focused community bank, AmericanWest Bank provides commercial and small business banking and treasury management products for businesses, plus a full line of consumer products and services, including mortgage lending.
With any merger there are changes; however, you can count on working with the same professional staff as always at the Inland Community Bank locations. In the coming weeks and months, you will receive more information on the merger, including details on expanded products and services. On behalf of the Board and management team, I offer you my sincere thanks for your business and look forward to expanding our relationship with you.
Sincerely,
Scott A. Kisting
Chairman & CEO
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