Directors

Jose “Joe” Gonzalez, Jr, Chairman of the Board

Jose "Joe" Gonzalez, Jr

Mr. Gonzalez is the owner and president/CEO of American Electric, Inc., an electrical contract company located in Richland, Washington. American Electric has approximately $5 million in annual sales. Mr. Gonzalez grew up in Mabton, a small town located nearby, in the Columbia Basin. He has spent his entire career in the electrical contracting business, starting as an apprentice in 1974. Mr. Gonzalez was appointed president/CEO of American Electric in 1995. In addition to his professional career, Mr. Gonzalez served on the Mabton School Board, the City of Grandview Planning Commission and an Advisory Board with Local Union 112 and the Signatory Contractors to promote better relations.

 

Dennis D. Gisi, CEO

Dennis D. Gisi

Mr. Gisi was previously a vice president and a director of Financial and Relationship Planning for Baker Boyer Bank from 1998 – 2003. While in that role, Mr. Gisi was responsible for establishing and implementing the strategic vision of the bank. In addition to these duties he served as vice president and director of Property Management. Mr. Gisi is also a founding member and partner of 3 River Properties, LLC—a real estate development firm, located in Pasco, WA since 1999, specializing in the creation of residential communities and investing in commercial rental real estate. He is Chairman/CEO of Gisi Investment Services Inc. an investment corporation that invests in real estate and investment portfolios for the purposes of income and long-term growth potential. He is a partner and co-president of Gisi Real Estate Company, a company that specializes in residential real estate investment, construction, and property management. Mr. Gisi became a Certified Financial Planner in 1989 and graduated from Pacific Coast Banking School in 2002. Mr. Gisi is serving on the finance council of St. Patrick’s Catholic Church in Walla Walla, WA and as President on the Board of Directors of the Pasco Downtown Development Association in Pasco.

 

Keith Sattler

Keith Sattler

Keith Sattler, CPA is the owner of the public accounting firm of Sattler Associates located in Prosser, Washington. Mr. Sattler has operated his own accounting firm for over 20 years. Mr. Sattler has served on the board of several banks. Most recently, Mr. Sattler served as the Chairman of the Board for AmericanWest Bank from 1998 to 2003. His bank board service began in 1989 as a founding director of Home Security Bank where he was instrumental in the formation and chartering of this bank. He is currently serving on the board of Alexandria Nicole Cellars, a winery in Prosser, WA. He is a partner in Little Spokane River a real estate development company in Spokane, WA, and KDLM which owns and operates mini-storage rentals in Richland, WA. Mr. Sattler served for twenty years as Treasurer of the Lower Valley Holding Co which owns Black Rock Creek golf course. Mr. Sattler has prior bank experience and served as State Director of the Farmers Home Administration. He also serves as Chairman of the Prosser Memorial Hospital Foundation.

 

Dale A. Walter

Dale A. Walter

Mr. Walter is a graduate of Eastern Washington University with a degree in professional accounting. He recently retired as the owner and president of Morrison Construction Services, Inc., a registered general construction company with specialty areas of mechanical and HVAC as well as asbestos abatement. Mr. Walter has been an accountant for the past 35 years.

 

 

 

Richard Moeller

Dale A. Walter

Richard “Dick” Moeller, retired in 2001 as the owner and manager of Moeller Construction, Inc., a broadly diversified construction and land development company located in Walla Walla, Washington, which he started in 1967. While running Moeller Construction, Mr. Moeller oversaw a broad range of projects from raw land development, to building over 300 custom and speculative residential homes, to major commercial construction. He continues to own and operate Moeller Properties and Moeller Enterprises, which own and manage commercial, and mini-storage rental properties. In addition to his professional career, Mr. Moeller currently serves on the Walla Walla County Fair Board and also on the committees of finance and pavilion restoration, and is chairman of the long-range planning for the Walla Walla County Fair Grounds. He has also served on the Walla Walla Chamber of Commerce Board and is Chairman of the Walla Walla Community College Carpentry Board.

On August 10, 2010, the FDIC Board of Directors adopted the final rule amending its insurance regulations to conform with provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which permanently increased the Standard Maximum Deposit Insurance Amount from $100,000 to $250,000. This permanent increase in the Standard Maximum Deposit Insurance Amount became effective July 22, 2010. Notice Of Changes In Temporary FDIC Insurance Coverage For Transaction Accounts

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

Notice Of Changes In Temporary FDIC Insurance Coverage For Transaction Accounts
All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31,2010, through December 31,2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules. The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

The Standard insurance amount currently is $250,000.00 per depositor. The $250,000.00 limit is permanent for IRAs and other certain retirement accounts. The $250,000.00 limit is temporary for all other deposit accounts through December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000.00 per depositor for all account categories except IRAs and other certain retirement accounts, which will remain at $250,000.00 per depositor.

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