By Business Wire, March 06, 2013, 03:00:00 PM EDT
HomeStreet Named Finalist for ‘Innovative Community Banks of the Year' Award
SEATTLE--(BUSINESS WIRE)--
HomeStreet
Bank, a wholly owned subsidiary of HomeStreet,
Inc. (NASDAQ:HMST), announced today that it is a finalist for the
Second Annual Innovative Community Banks of the Year award, presented by
Western Independent Bankers (WIB) and BDO. Each finalist is selected
based on forward-thinking and creative achievements of community banks
in three different asset size categories for innovations achieved in
2012.
"These Innovative Community Banks of the Year Awards represent ways in
which community banks are paving the way to innovation in community
banking," said Nancy Sheppard, president & CEO of WIB. "The nominated
banks and finalists are prime examples of the way in which innovation
and service can successfully meet."
A panel of fourteen industry experts selected the finalists from a pool
of nominations in the three asset-size categories. The chair of the
Awards Advisory Committee is Mike Soza, Partner at BDO, a professional
services firm that includes many community banks as clients. "BDO is
very proud to be a co-sponsor of these awards once more," said Soza. "We
recognize the innovative ways these banks are reaching their customers
and their communities, and we salute them."
HomeStreet Bank was one of three finalists in the largest asset category
of ‘Over $1 Billion in Assets.'
Profiles of each finalist bank, as well as a list of the judges, are on
the WIB
website. The winner in each category will be announced on March 24,
2013 at WIB's Annual Bank Conference for Bank Presidents, Senior
Officers and Directors in Kauai, Hawaii.
About HomeStreet, Inc.
HomeStreet, Inc. (NASDAQ:HMST) is a diversified financial services
company headquartered in Seattle, Washington, and the holding company
for HomeStreet Bank, a state-chartered, FDIC-insured savings bank.
HomeStreet Bank offers consumer and commercial banking, investment and
insurance products and services in Washington, Oregon, Idaho, Hawaii and
California. http://ir.homestreet.com.
About Western Independent Bankers
Western Independent Bankers (WIB) has been helping community bank
executive management and board members solve their challenges for 75
years. WIB informs, educates and connects community banks with the
resources and services to achieve the highest standards of personal and
organizational performance. WIB has community bank members in nine
western states in addition to an array of community bank service
providers. For more information, visitwww.wib.org.
About BDO
BDO is a U.S. professional services firm providing assurance, tax,
financial advisory and consulting services through 40 offices and more
than 400 independent alliance firms nationwide, and a global network in
119 countries. BDO's Financial Institutions and Specialty Finance
practice serves organizations across the spectrum of the industry
including commercial, savings, agency and mortgage banks; branches of
foreign banks operating in the United States; credit unions; and
specialty finance companies.
Source: HomeStreet, Inc.