SANTA ROSA, Calif., Jan. 26, 2016 /PRNewswire/ -- Luther Burbank Savings announced this week that Robert Armstrong has joined the bank as Senior Vice President of its Online Banking Division. In this newly created role, Mr. Armstrong is charged with expanding the bank's offerings and creating greater access to its products and services.
"Luther Burbank Savings is a bank with rich history and strong ties to the community. With a unique place in the market already, our expansion into digital channels will broaden community engagement, while maintaining the highest standard of service," stated Armstrong.
Mr. Armstrong will be splitting his time between the bank's Irvine and Solana Beach locations.
Bringing over two decades of experience leading profitable growth in new markets, Mr. Armstrong's background includes senior positions with Bank of America, also having served as market president of U.S. Bank, CEO of San Diego Private Bank, and head of business and private banking at Bank of Internet.
"Mr. Armstrong brings a depth of online banking, traditional banking and general business leadership to our institution. We look forward to his impact on profitable growth in this segment," commented Jason Pendergist, President – Consumer and Commercial Banking.
Founded in 1983 in Santa Rosa, California, Luther Burbank Savings is an FDIC insured, privately held, California based savings association with over $4 billion in assets. Luther Burbank Savings offers a variety of consumer and wholesale banking services focusing on single family, multifamily and commercial mortgage loan origination and retail deposits. Additional information is available at www.lutherburbanksavings.com. Luther Burbank Savings, an Equal Housing Lender, is headquartered in Santa Rosa, California.
Katie Kea / Jenn Quader
Brower, Miller & Cole
SOURCE Luther Burbank Savings