Veteran Banker Brings Significant Financial Services Experience to
Growing Marin County Bank
SAN RAFAEL, Calif.--(Business Wire)--
Lawrence Cretan, a 25-year banking industry senior executive, has
been named Executive Vice President/Chief Credit Officer by Tamalpais
Bank. The announcement was made today by Mark Garwood, Chairman,
CEO/president of the fastest growing Marin bank.
In his new position, Cretan will have primary responsibility of
all aspects of the lending activities including asset quality,
underwriting, funding and loan servicing.
"Adding Larry to our senior management staff is another step in
expanding our management team with senior level banking executives,"
said Garwood, "as we move into our next phase of growth and
development."
Cretan joins Tamalpais Bank, a wholly-owned subsidiary of
Tamalpais Bancorp (NASDAQ:TAMB), from Greater Bay Bank, NA, where he
was director of credit administration. Previously, he worked for Wells
Fargo Bank, in various senior level loan and credit positions,
throughout Northern California. He holds a Bachelor of Arts degree
from Stanford and both a Masters of Arts and MBA from UCLA.
"At a time of real challenges for many community banks, Tamalpais
Bank stands out as one that has not only successfully grown, but done
so with an excellent performance on the credit side. I am really
pleased to have been invited to join the team that has accomplished
all this and to help build the platform from which the Bank can move
to its next level of performance," said Cretan.
In recent months, Tamalpais Bank has announced several senior
level appointments and promotions within its senior management and has
hired an experienced team of in-market business bankers.
"While growing steadily over the past several years," Garwood
said, "we have achieved several milestones, including becoming the
largest SBA lender headquartered in Marin County and the fifth ranked
SBA lender among Bay Area banks.
"Our strategic plan contains additional elements for growth,
including a new branch in Novato and other areas outside of Marin
County," he said. "Our growth has been built on a sound credit culture
and a dedication to superior customer responsiveness. That growth has
put us in the position to attract prominent bankers to our team who
will take on leadership roles as we pursue additional opportunities in
the personal banking and commercial banking sectors."
Cretan has also served as an executive director for many
non-profit organizations and held board positions with public
television, educational organizations and local film festivals.
About Tamalpais Bancorp
Tamalpais Bancorp, through its wholly owned subsidiaries Tamalpais
Bank and Tamalpais Wealth Advisors, offers business and personal
banking through its seven Marin County full service branches, two
Northern California loan production offices, and wealth advisory
services to high net worth families and institutional clients. The
Company had $649 million in assets and $283 million in assets under
management as of June 30, 2008.
Tamalpais Bank
Mark Chapman, 415-526-6485
mchapman@tambank.com
Copyright Business Wire 2008
