Regal Financial In the News
REGAL
MEDIA
NEWSROOM: www.regalfinancialbank.com
FOR IMMEDIATE
RELEASE
09 February
2010
RANDY C. JAMES NAMED CEO OF REGAL FINANCIAL BANK
Seattle, Wash., February 09, 2010 - Regal Financial Bank
announced today that Randy C. James will join the bank
as Chief Executive Officer. Mr. James joined the Board
of Directors in 2007 and in April 2008 was nominated as
the Chairman of the Board a title he will retain.
Mr. James is a veteran Pacific Northwest Banking executive,
with over 40 years of exceptional banking experience.
Starting with Seattle First National Bank, Mr. James managed
the Commercial Markets Group as Vice Chairman. This was
a group that included the banking divisions of International
Banking, National Banking, Middle Market Banking, Small
Business Banking, and Private Banking. Furthermore, Mr.
James became the Chairman of the Board and CEO of Bank
of America Oregon.
Mr. James was also asked to take on the role of Worldwide
Marketing Director, EVP of Bank of America, and a member
of the managing team. In this role he was responsible
for all product development, pricing, and sales goals
for BofA worldwide, retail and commercial and building
the brand of the bank.
He was most recently the Founding Director of Charter
Bank, which was sold to an investment group in 2007. After
almost nine years of sustained growth, Mr. James was the
lead director in the negotiation and sale of the bank
to Boston Private.
Mr. James has a history of leading institutions into
successful paths. He has a wide-range of experience and
demonstrated success in raising capital for financial
institutions and working with investors and regulators.
"With our sharpened focus and strong team in place,
we will collectively manage the challenges that have resulted
from one of the worst economic environments in decades
and its dramatic effect on our real estate market. I value
this opportunity to lead this bank towards a profitable
path," said Mr. James.
Mr. Omar Lee, founding member and Director of Regal Financial
Bank, noted, "Mr. James has a record of success in
his work in leading financial institutions into profitability
and in working with Randy on the Board the past few years,
we are confident he will lead Regal Financial Bank to
be a successful community bank."
Mr. James continues to serve on the board of ING America's
Insurance Holding Company, where he is the Chairman of
the Marketing Committee, and was past chairman of the
Investment Committee and the Audit Committee. He is currently
Chairman of the Educator's Advisory Board which Mr. James
created in 1999 to award financial grants to teachers
in all fifty states of the United States for outstanding
teaching ideas.
About Regal Financial Bank
Headquartered in the heart of downtown Seattle, Regal
Financial Bank is a community bank that understands the
value of customer relationships; a bank carefully organized
to serve the business community with professionalism and
personalized service. More information is available at
www.regalfinancialbank.com.
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