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BANR - Banner Corporation: Risk Management Practices Are A Problem
Banner Corporation
Banner Corporation is a Washington-based and incorporated holding entity whose subsidiaries offer full-service commercial banking services.
The corporation has grown organically and through a series of mergers, the most recent being the acquisition of AltaPacific Bancorp and Skagit Bancorp Inc.
Banner’s management has shown restraint in recognizing troubled debt occasioned by COVID-19.