SAN FRANCISCO, June 6, 2017 /PRNewswire/ -- Bank of the West's Commercial Banking Group today announced the opening of a new Commercial Banking Center in Cleveland, Ohio, at 1375 East 9th Street, Suite 1920, to address the growing needs of middle-market businesses and large corporate segments. The Center offers a full suite of commercial banking services including working capital, financing, and term loans as well as payables & receivables management, and international banking services. The Commercial Banking Group also provides extensive expertise across several niche industries, including Food and Agribusiness, Healthcare, Real Estate, Title & Escrow, Financial Institutions, Government Banking, and Religious Institution Banking. This new Center will serve Cleveland and the surrounding region, including Columbus, Cincinnati, Pittsburgh and Detroit.
This opening represents Bank of the West's ongoing nationwide expansion, with Commercial Banking Centers from Los Angeles to New York, and most recently Atlanta.
"The region surrounding Cleveland has a rich history in manufacturing, financial services, healthcare, agriculture and transportation, and is home to more than 100 Fortune 1000 companies. With this new Center, Bank of the West is committed to delivering the solutions that companies in this region need to continue to grow and thrive," said Jean-Marc Torre, Senior Executive Vice President, Head of Commercial Banking Group, Bank of the West. "We help our clients be more agile, efficient and competitive, and the wealth of expertise and knowledge that David brings to the Bank of the West team will help us continue to do so for communities and companies in Cleveland and the surrounding region."
The new Center will be led by David Dannemiller, recently hired as Managing Director at Bank of the West. Prior to this role, Dannemiller was a Senior Vice President & Regional Manager at Fifth Third Bank, leading the bank's Midwest Large Corporate banking practice in Cleveland. Dannemiller also spent 20 years at US Bank, most recently as Senior Vice President of Corporate Banking in Portland, managing the bank's national corporate banking business for the Northwest U.S. Dannemiller will report to John Thurston, Managing Director, Area Manager at Bank of the West.
"This new Center will bring our bankers closer to our clients in the area, providing them with world-class banking execution and global capabilities with a local footprint," added Mark Glasky, Executive Vice President, Head of Commercial Banking Coverage, Bank of the West.
Bank of the West Commercial Banking Group brings a hands-on, customer-centric style of banking with the access to international markets provided by parent company BNP Paribas.
For more information, visit http://www.bankofthewest.com/commercial-banking.
About Bank of the West's Commercial Banking Group
Bank of the West's Commercial Banking Group (CBG) meets the rapidly changing needs of growing middle-market businesses and large corporate segments. CBG helps businesses achieve their unique visions by delivering smart and comprehensive solutions that fuel sustainable growth. With specialized sector expertise, CBG anticipates and tackles the challenges businesses face in industries including agriculture, healthcare, commercial real estate, religious institutions, and technology. CBG offers clients the best of both worlds: the personalized relationships and community ties of a local bank backed by the international capabilities of BNP Paribas, one of the world's strongest financial groups.
About Bank of the West
Bank of the West is a regional financial services company headquartered in San Francisco with $83.8 billion in assets as of March 31, 2017. Founded in 1874, Bank of the West provides a wide range of personal, commercial, wealth management and international banking services through more than 600 branches and offices in 23 states and digital channels. Bank of the West is a subsidiary of BNP Paribas, which has a presence in 74 countries with more than 190,000 employees. To learn more about Bank of the West, visit About Us via BankoftheWest.com.
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