Seaside Brands Bank Privacy Work (BSA) Officer

Seaside Brands Bank Privacy Work (BSA) Officer

EVERETT, Tidy., (Business NEWSWIRE) – Seaside Economic Business (Nasdaq: CCB) (brand new “Company”), the holding business to have Seaside Area Bank (new “Bank”), announced the employing from Jeff Ketelhut , Cameras, as the Manager Vice president and you may Financial Privacy Operate (BSA) Officer. Within this character, Ketelhut is in charge of development, implementing, and you may enforcing Coastal’s BSA conformity system and you can coordinating that have county and you will federal authorities within these matters.

“Jeff’s novel experience with conventional banking, Financial given that a service, so that as a regulating checker gets him a powerful expertise in financial laws, rules, and processes. His expertise includes BSA, anti-money laundering steps, and complete conformity,” said Andrew Stines, Captain Exposure Manager for Seaside. “He suits a currently solid group and will put some other top away from oversight and advice.”

He is an authorized Anti-Money Laundering Expert (CAMS) and you may obtained a good bachelor’s degree from inside the Business economics in the College or university out-of South Dakota.

“I’m happy to participate Seaside while they consistently enhance an already strong conformity oversight system for both the neighborhood lender and you can CCBX,” told you Ketelhut. “Seaside strives getting a robust partnership that have compliance in all aspects of the financial institution, and i am thrilled as an element of the went on innovation of the cooperation.”

The newest Bank’s CCBX office brings banking because the a support (“BaaS”) that allows our very own agent-agent and you will electronic economic services people to give their customers banking properties

From the Seaside Monetary Company Seaside Financial Firm (NASDAQ: CCB), are an Everett, Washington-centered Bank carrying providers which have Coastal People Bank (new “Bank”), an entire-service industrial financial, as the best completely-possessed banking part. The bank works fourteen twigs from inside the Snohomish, Island installment loans in Carteret New Jersey, and you may King Counties, on the internet and thanks to cellular financial. At the time of , we had overall assets away from $dos.83 million, total disgusting money away from $step one.96 million, total places out-of $2.58 billion, and total shareholders’ guarantee regarding $207.9 million. For additional information on Coastal Neighborhood Lender see coastalbank . Affiliate FDIC.

Ahead of signing up for Coastal, Ketelhut is actually Vice president off Compliance getting MetaBank, and you may is actually a nationwide Financial Examiner towards the Place of work of Comptroller of your own Currency (OCC)

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