|
Balance Sheet Cash Flow Statement 1498 Pacific Ave., Ste. 400 Tacoma, WA 98402 WA Tel. 253-926-4000 Toll Free 800-228-2858 Fax 253-926-4090 |
Type: Public
On the web:
http://www.rainierpac.com
Employees:
219
Employee growth: (6.0%)
Rainier Pacific Financial Group is a prince among banks in the Pacific Northwest. It's the holding company for Rainier Pacific Bank, which serves the Tacoma/Pierce County, Washington area through more than a dozen branches. The community-oriented savings bank, which converted from a credit union in 2001, primarily writes commercial mortgages and multifamily residential loans (each representing more than 30% and 20%, respectively, of the bank's loan portfolio), along with consumer, construction, land, and single-family residential mortgage loans. The company also offers various insurance and investment products, including online brokerage.
Key numbers for fiscal year ending December, 2008:
Sales: $14.2M
One year growth: (60.4%)
Net income: ($14.6)M
Officers:
Chairman, Rainier Pacific Financial Group and Rainier Pacific Bank: Edward J. Brooks
President, CEO, Interim CFO and Director, Rainier Pacific Financial Group and Rainier Pacific Bank: John A. Hall
VP Information Services, Rainier Pacific Bank: David R. Webb
Competitors:
Columbia Banking
KeyCorp
Washington Mutual
