EVERETT, Wash., (World NEWSWIRE) – Seaside Financial Corporation (Nasdaq: CCB) (the latest “Company”), the newest holding business to possess Seaside Area Financial (the latest “Bank”), launched new choosing out of Jeff Ketelhut , Adult cams, as the Exec Vice president and you may Lender Secrecy Act (BSA) Manager. Inside character, Ketelhut is responsible for development, applying, and you will enforcing Coastal’s BSA compliance system and complimentary having state and federal regulators within these things.
“Jeff’s book experience with traditional financial, Financial just like the a support, and as a regulating checker provides him a powerful expertise in financial statutes, regulations, and processes. His solutions includes BSA, anti-currency laundering methods, and you can overall conformity,” told you Andrew Stines, Captain Chance Administrator getting Seaside. “He satisfies an already strong class and will put another height out-of oversight and you can guidance.”
They are an official Anti-Currency Laundering Specialist (CAMS) and you can gained good bachelor’s training during the Economics in the College or university off South Dakota.
“I am happy to participate Seaside while they continue to enhance an already powerful conformity oversight system for both the neighborhood financial and CCBX,” said Ketelhut. “Seaside aims getting a strong commitment having compliance in most aspects of the financial institution, and i am happy getting a portion of the went on innovation in the venture.”
The fresh new Bank’s CCBX department will bring financial once the a help (“BaaS”) enabling our representative-dealer and you can digital monetary services lovers to provide their clients financial qualities
On Seaside Monetary Agency Coastal Monetary Agency (NASDAQ: CCB), www.paydayloansexpert.com/installment-loans-ar/benton/ is actually a keen Everett, Washington-centered Financial holding company which have Seaside Area Lender (the latest “Bank”), a full-provider commercial financial, as the just entirely-owned financial subsidiary. The financial institution works 14 twigs during the Snohomish, Isle, and you can Queen Areas, online and thanks to cellular banking. As of , we had complete property regarding $dos.83 mil, total gross loans regarding $step one.96 million, overall deposits out-of $dos.58 billion, and total shareholders’ guarantee away from $207.9 million. To learn more about Coastal Neighborhood Bank check out coastalbank . User FDIC.
Before joining Coastal, Ketelhut are Vice president away from Compliance getting MetaBank, and you may is a national Bank Checker to your Office of Comptroller of one’s Money (OCC)
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