EUREKA, CALIFORNIA - Redwood Capital Bank, a wholly-owned subsidiary of Redwood Capital Bancorp (OTCQX: RWCB), is pleased to announce the hiring of Bruce Lund as Assistant Vice President and Fortuna Branch Manager. President Jennifer Budwig stated, "Redwood Capital Bank is pleased to welcome Bruce Lund as Assistant Vice President and Fortuna Branch Manager. Bruce brings more than 35 years of financial experience, proven leadership and a passion for serving both his customers and the communities in which he lives and works, making him an outstanding fit for Redwood Capital Bank and our community banking culture."
Mr. Lund commented, “I am excited to join Redwood Capital Bank and contribute to an organization that places such a high value on community. I respect the bank’s involvement throughout Humboldt County and its unwavering support of local businesses, nonprofits and families. Redwood Capital Bank truly lives its mission as a local, community partner.” Bruce and his wife relocated from Southern California to the Eel River Valley in 2017 and quickly embraced the North Coast lifestyle. Today, they enjoy the wide-open spaces Humboldt County offers, with room for horses, chickens and the opportunity to become deeply rooted in the community they now proudly call home.
Stop by the Fortuna Branch in Strongs Creek Plaza and say hello to Bruce. He looks forward to meeting you and building long-term partnerships in the Eel River Valley. For more information regarding Redwood Capital Bank, please visit our website at www.redwoodcapitalbank.com, contact Jennifer Budwig, President at (707) 444-9817, or stop by our headquarters and main office at 402 “G” Street, Eureka, California 95501. Redwood Capital Bancorp (OTCQX:RWCB) trades on the OTCQX Best Market. Companies meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws and have a professional third-party sponsor introduction. Investors can find current financial disclosure and Real-Time Level 2 quotes for Redwood Capital Bancorp on www.otcmarkets.com
This press release may contain forward-looking statements that are subject to risks and uncertainties. Such risks and uncertainties may include but are not necessarily limited to fluctuations in interest rates, inflation, government regulations and general economic conditions, and competition within the business areas in which the bank is conducting its operations, including the real estate market in California and other factors beyond the bank’s control. Such risks and uncertainties could cause results for subsequent interim periods or for the entire year to differ materially from those indicated. Readers should not place undue reliance on the forward-looking statements, which reflect management’s view only as of the date hereof. The bank undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.