SBNW Names New CFO

SBNW Names Tim Cassels Chief Financial Officer

Spokane Valley, WA — State Bank Northwest is pleased to announce the appointment of Tim Cassels as Chief Financial Officer (CFO) effective 2/26/24. Cassels brings a wealth of experience in finance and banking, making him a valuable addition to the executive team.

Cassels is returning to his community banking roots from CFO positions at other area financial institutions.  With over 30 years of experience in the financial industry, Cassels has a proven track record of driving financial performance and strategic growth. His expertise in financial management, risk assessment, and regulatory compliance will play a crucial role in furthering State Bank Northwest's mission and objectives.

"We are thrilled to welcome Tim Cassels to our team as our new CFO," said Greg Deckard, CEO and Chairman of State Bank Northwest. "Tim's extensive experience and strategic vision will be instrumental in guiding our financial strategies and ensuring the continued success of State Bank Northwest. We are confident that his leadership will further strengthen our standing as a leading community bank in our region."

Cassels holds an MBA from Washington State University and a BA in Business Management from Whitworth University.

Cassels has been involved in leadership with area community organizations, serving as a Former Foundation President and Board Member of Joya (Spokane Guild School and Neuromuscular Center), a board member of the Deer Park Airport Advisory Board, Tri-County Little League, and Western Independent Bankers.

"I am excited to join State Bank Northwest and contribute to its continued growth and success," said Cassels. "I look forward to collaborating with the talented team here to drive financial innovation, enhance our financial strength, and deliver value to our customers and shareholders."