December 11, 2008

The financial holding company for Frontier Bank, announced appointment of long-time banker Milt Douglas to head its new Business Banking Division. In his new position as Executive Vice President, Douglas will head a team of commercial bankers focused on expanding the bank's business portfolio. The bank recently announced management changes and a renewed emphasis on developing a strong business banking franchise.

Douglas joined Frontier Bank in 2006 when he was hired to open their 45th office located in Bellevue. His career spans nearly 40 years in the industry, most recently with Wells Fargo as senior vice president and manager of their Eastside Business Banking Division. He has also worked for a number of other banks in the area including US Bank and Pacific Northwest Bank. Expressing enthusiasm for this new role, Douglas commented, "Frontier Bank's business banking rivals any of our competitors. Our real strength lies in our commitment to relationship banking and the service culture we have always been known for."

Pat Fahey, Frontier's new Chairman, stated, "Milt has a tremendous background in commercial and industrial relationship management, and we are excited to have such expertise heading up this new group." Fahey continued, "We've always been a great business bank, and though these are challenging times, we feel strongly that this represents a great opportunity for Frontier."