Executive Changes

NEW ENGLAND

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Bay State Savings Bank of Worcester, Mass., has hired Steven L. Groccia as its senior vice president of commercial lending.

Mr. Groccia had a similar job at Enterprise Bank and Trust Co. of Lowell. Before that he had been a senior vice president in the retail division at Commerce Bank and Trust Co. of Worcester.

In his 32 years of banking experience he has also worked at Worcester County Institution for Savings, Safety Fund National Bank, and Mechanics Bank.

Bay State Savings has $281 million of assets.


MIDWESTPrivateBancorp Inc. of Chicago has hired Christopher J. Zinski as the general counsel of the company and its $2.7 billion-asset PrivateBank and Trust Co. - both newly created jobs.

Mr. Zinski was an equity partner and had led the financial institutions practice at the Chicago law firm Schiff Hardin LLP, where he worked since 1993. He had also been a member of its corporate and securities group.

The $3.7 billion-asset PrivateBancorp also owns units in Michigan and Missouri that have the PrivateBank name. Last month the company announced a deal to buy the $217 million-asset Piedmont Bancshares Inc. of Atlanta.


First Indiana Bank of Indianapolis has hired Tim Massey as an executive vice president and the head of its corporate banking group.

Mr. Massey joined the $2.1 billion-asset unit of First Indiana Corp. from Irwin Union Bank and Trust Co. He had been the Indianapolis area executive for the Columbus, Ind., bank.

Before that he had worked for 16 years in a variety of commercial banking leadership jobs at National City Bank and Merchants National Bank, which National City Corp. bought in 1993.


MIDDLE ATLANTICSterling Financial Corp., a $3.1 billion-asset multibank holding company in Lancaster, Pa., has promoted Dorothy R. Gallagher to chief accounting officer.

Ms. Gallagher was the manager of financial operations and controls. Before joining Sterling in 2002, she had been a manager at Beard Miller Co. LLP, an accounting and consulting business in Reading.

Sterling Financial also has named Charles H. Simms Jr. the senior credit officer of its $1.9 billion-asset Bank of Lancaster County.

Mr. Simms, who remains a senior vice president, was a commercial real estate team leader at the bank, which he joined in 1984.


SOUTHWESTViewPoint Bank of Plano, Tex., has hired Jim Parks as an executive vice president and its chief operations officer, a newly created job.

Mr. Parks joined the $1.4 billion-asset bank from TexasBank, where he had been the executive vice president of technology and bank operations. (Compass Bancshares Inc. of Birmingham, Ala., bought the $1.8 billion-asset Fort Worth bank in March.)

He has 30 years of banking experience.


WESTFirst Federal Bank of California in Los Angeles has hired Edward O. Lanchantin as the head of its community banking division.

Since 1990, Mr. Lanchantin had worked at Merrill Lynch Business Financial Services Inc. For the last six years he had managed the Merrill Lynch & Co. Inc. unit's commercial group for the western United States.

First Federal Bank is a $10.3 billion-asset unit of FirstFed Financial Corp.


Pinnacle Bank of Beaverton, Ore., has hired Richard Brittain as its chief credit officer and an executive vice president.

Mr. Brittain had the same job at Inland Northwest Bank, a $263 million-asset unit of Northwest Bancorp. Inc. of Spokane. He had worked at Northwest since 1996.

He has 25 years of financial services experience.

The $81 million-asset Pinnacle Bank was founded in 2002.


Heritage Bank of Commerce in San Jose has hired Celeste Drake as a vice president of private banking.

Ms. Drake was a private banker at Comerica Bank in San Jose. She has 18 years of banking experience.

Heritage is a $1.1 billion-asset unit of Heritage Commerce Corp.


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