SOURCE: Security Pacific Bank

May 20, 2008 09:00 ET

Douglas Weld Joins Security Pacific Bank as Chief Credit Officer

LOS ANGELES, CA--(Marketwire - May 20, 2008) - Security Pacific Bank has announced the appointment of Douglas R. Weld as Chief Credit Officer, responsible for the Bank's credit policies and credit markets.

Reporting directly to President and CEO Charles Jackson, Weld will be based in Security Pacific Bank's West Los Angeles headquarters, at 12121 Wilshire Blvd.

"Doug Weld brings a career-long wealth of knowledge and experience as a senior credit officer," Jackson said. "We are very pleased and fortunate to have him as a part of the Security Pacific team," he added.

Weld most recently served as the Chief Credit Officer of Tomatobank in Los Angeles, and earlier as the CCO of City Bank/Central Pacific Bank in Hawaii. He also served for over 15 years with Tokai Bank of California.

Security Pacific Bank has total assets of $590 million and is headquarter at Wilshire Bundy Plaza in West Los Angeles. It has additional offices in Westwood, Downtown Los Angeles, Ontario and Seal Beach.

Editors Note: For more information or to arrange interviews with Security Pacific Bank executives, contact Mark Jaques at (310) 622-7621 or Scott Regberg, Regberg & Associates, Inc. at (310) 475-5735.

Contact Information

  • Contact:
    Mark Jaques
    (310) 622-7621

    Scott Regberg
    Regberg & Associates, Inc.
    (310) 475-5735