Banner Bank has been named “Community Lender of the Year” from the Seattle District Office of the Small Business Administration.
The Walla Walla bank, a wholly owned subsidiary of Banner Corp., received the top honors during the SBA’s 12th annual Small Business Awards Gala on May 9 at the Museum of Flight in Seattle, according to an announcement.
“The SBA Seattle District Office presents the lender awards to acknowledge the efforts and commitment of our highest volume lending partners,” said Mark Costello, supervisory lender relations specialist for the Seattle District Office, in a prepared statement.
Walter McLaughlin, senior vice president, SBA manager for Banner, accepted the award on behalf of the company. “Being ranked at the top for SBA lending in the Seattle District region is a testament to the hard work and responsive, knowledgeable service our team provides to all Banner Bank clients, especially in this competitive market,” he said in a statement. “Banner understands the vital role small businesses play in the economic recovery and we strive to help entrepreneurs convert ideas into successful businesses that contribute to their communities.”
Honorees are chosen after evaluations on loan data from the prior fiscal year by the SBA Seattle District Office. Banner reportedly tied for the honor with another community bank, which was not named in the announcement.