COEUR D'ALENE, Idaho, Nov. 15, 2012 (GLOBE NEWSWIRE) -- Jack W. Gustavel, Chairman and Chief Executive Officer of Idaho Independent Bank ("IIB" or the "Bank") (OTCBB:IIBK), announced the appointment of Thomas A. Vander Ploeg as Executive Vice President and Chief Credit Officer.
"We are fortunate to have Tom join the IIB team," Gustavel said. As Chief Credit Officer, Vander Ploeg will be responsible for the oversight and administration of the Bank's lending function. His focus will be on the development and execution of IIB's lending strategy, and he will serve as the principal executive officer for credit risk management and lending activities.
Vander Ploeg brings more than 35 years of banking experience, most recently serving as Executive Vice President and Chief Credit Officer of a community bank in central California. He is a graduate of San Jose State University with a degree in accounting and is a graduate of the Pacific Coast Banking School. Vander Ploeg has been an instructor of Bank Management Simulation at the Pacific Coast Banking School since 2007.
About IIB
Idaho Independent Bank was established in 1993 as an Idaho state-chartered, commercial bank and currently operates three branches in Boise, as well as branches in Meridian, Coeur d'Alene, Nampa, Mountain Home, Hayden, Caldwell, Star, and Sun Valley/Ketchum, Idaho. IIB has approximately 185 full-time equivalent employees throughout the State of Idaho. To learn more about IIB, visit us online at http://www.theidahobank.com/">www.theidahobank.com.
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