Your community isNot your community?
PremierWest Bank Merger Q & AMergers and Acquisitions
November 4, 2013
Why is AmericanWest Bank merging PremierWest Bank?
AmericanWest Bank is committed to establishing a presence throughout the West Coast. PremierWest Bank is an exceptional bank with exceptional people who understand what it means to be a community bank—to consistently deliver outstanding customer service, to work as a team toward a common goal, and to give something back to the community through hands-on involvement. We share a common set of values that drive our business practices, and our partnership will provide benefits for customers, employees, and communities. Merging PremierWest Bank will significantly further our growth goals and move us toward becoming a high-performing, business-focused community bank.
When will the merger take place?
Management anticipates the merger to be finalized in the first quarter of 2013, pending shareholder and regulatory approval.
Will PremierWest Bank's name change?
Yes, as one unified bank, we will all be AmericanWest Bank.
Who is PremierWest Bank?
Headquartered in Medford, OR, PremierWest offers a full array of financial products and services through a network of 32 full service banking offices presently covering a territory expanding from south of Eugene, Oregon to south of Sacramento, California and east to the central Oregon communities of Klamath Falls, Bend, and Redmond. With nearly $1.2 billion in assets, PremierWest Bank offers expanded banking related services through its subsidiaries, Premier Finance Company and PremierWest Investment Services, and through its Mortgage Division. These additional services are provided throughout their branching territory.
Does this mean you are going to be a "big bank"?
No. Personalized customer service and one-on-one interaction are at the foundation of AmericanWest Bank. We provide a professional environment in which customers can take care of their banking and financial needs with responsive and reliable personal bankers who know them by name and will go the extra mile to provide the best service available. As we grow, we work even harder to improve the level of service our customers deserve and expect from us. Our dedication to providing the best customer service and our support for our local communities has fueled our success and growth. No matter how much we grow, we will always be a community bank.
Questions? Ask the team.
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