Peoples Bank announced the promotion of Randy Fredlund to Executive Vice President and Chief Compliance and Security Officer. In this role he will chair the Bank’s Operational Risk Committee and assume responsibility for vendor management in addition to overseeing compliance and security. Based at the Barkley Financial Center, Randy joined Peoples Bank in 2002. He has over 25 years of banking experience.
“Peoples Bank is committed to providing industry-leading technology, compliance and security programs to ensure the best mobile and online banking experience for our customers,” said Charles LeCocq, Chairman of the Board and Chief Executive Officer. “Randy has a successful track record at Peoples Bank leading our security and compliance operations, and I am pleased to congratulate him on his well-earned promotion and appointment to our executive team.”
Raised in Bellingham, Randy is certified in regulatory compliance and anti-money laundering and has deep expertise in physical and cybersecurity, disaster recovery, and vendor and fraud management. He is a graduate of the Pacific Coast Banking School, the premier national graduate school of banking, and holds a leadership and management certification from the Leadership Institute of Seattle through Western Washington University.
About Peoples Bank
Peoples Bank is a locally owned and operated, independent full-service community bank with $1.8 billion in assets. Headquartered in Bellingham, Washington, the Bank was founded in 1921 and operates 23 branches located throughout Washington. In its most recent rating, BauerFinancial, a leading independent bank rating firm, awarded Peoples Bank its highest five-star superior rating. This rating recognizes Peoples Bank’s strong financial management practices, dedicated employees and long-standing customer relationships. Learn more about Peoples Bank at https://www.peoplesbank-wa.com/.