H.R. Russell

President & CEO
Board Member

Mr. Russell, a founding director and the President and Chief Executive Officer of Commencement Bank, has been a resident of the state of Washington for 46 years.

He is a graduate of NW Intermediate Banking School and Pacific Coast Banking School and attended the University of Washington. Mr. Russell began his banking experience in 1977 and has been a branch manager, Senior Vice President and commercial loan team leader, Executive Vice President and loan production manager, and Executive Vice President and Chief Credit Officer until resigning from Tacoma, Washington-based Columbia Bank in 2004. He is the recipient of the 2014 University of Washington Tacoma Milgard School of Business Leadership Award which recognizes outstanding business leaders in the South Sound Region. His past and present community activities include: the Pierce County American Red Cross (Board President), Puyallup Kiwanis, Auburn Kiwanis, Boy Scouts of America, Tacoma Rotary #8, the Northwest Financial Associations’ Employee Benefit Trust, Tacoma Country and Golf Club Finance Committee, Pediatric Interim Care Center in Kent, Community Bankers of Washington Association (past Chairman), the Impact Investment Committee for the Greater Tacoma Community Foundation, and the Federal Reserve Bank of San Francisco’s Twelfth District Community Depository Institution Advisory Council (current board member).

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