MEDFORD, OR — (Marketwire) — 03/15/12 — John Duke, Chairman of the Board of Directors of PremierWest Bancorp (NASDAQ: PRWT), the parent company of PremierWest Bank, announced today that Bruce Currier has joined the Board of PremierWest Bancorp.
Duke stated, “Bruce brings a wealth of experience, spending over three decades in the financial services industry. Prior to his retirement from Ernst & Young, LLP, Bruce-s experience included serving as the coordinating partner for several financial institutions in banking and asset management; co-led a global advisory project for Sarbanes-Oxley 404 implementation for money center financial institutions; provided advisory services to boards and audit committees on corporate governance matters related to internal control and risk management; and was the lead on financial statement audits for clients. We are pleased and fortunate to have someone of his caliber join PremierWest-s Board.”
Mr. Currier holds a Bachelor-s Degree from California State University, Northridge where he graduated Cum Laude in 1970. He is also a member of Financial Executives International and the American Institute of CPA-s.
Mr. Currier was elected to the PremierWest Bancorp Board of Directors by the U.S. Department of the Treasury pursuant to Treasury-s rights as the holder of the Company-s Fixed Rate Cumulative Perpetual Preferred Stock, Series B. While Treasury-s contractual rights do not address service on PremierWest Bancorp subsidiary PremierWest Bank-s Board, PremierWest Bancorp has commenced the regulatory application process to have Mr. Currier approved to serve on the Bank-s Board.
PremierWest Bancorp is a financial services holding company headquartered in Medford, Oregon. We operate primarily through our subsidiary PremierWest Bank. PremierWest offers a full array of financial products and services through a network of full service banking offices serving a territory which currently includes high growth markets in Southern & Central Oregon and Northern California. Additionally, PremierWest offers expanded banking related services through two subsidiaries, Premier Finance Company and PremierWest Investment Services, Inc.