Sterling Financial Corp. of Spokane has hired David S. DePillo as chief credit officer of its Sterling Savings Bank.

DePillo was the vice chairman of the board of Fremont General Corp. of Anaheim Hills, Calif. and its subsidiary, Fremont Investment and Loan. Before that, he had been the president of both since 2007. Before joining Fremont he had been a vice chairman and the president and chief operating officer of Commercial Capital Bancorp Inc. and its subsidiaries from 1999 until 2006. Sterling Savings Bank has $10 billion of assets.

Sunwest Bank of Tustin, Calif., has hired Andrew Stines as a senior vice president and its chief risk officer.

Stines was a principal and consultant for the regulatory compliance group of Free Vector Advisors LLC. Before that he was a manager of the financial services regulatory practice team at PricewaterhouseCoopers LLP.

The $634 million-asset bank also hired Brian J. Smith as a relationship manager and senior vice president of the bank's branch in Encinitas.

Smith was a senior vice president, the commercial loan officer and a relationship manager of Security Business Bank in Carlsbad, Calif.

California United Bank in Encino has hired Dan Palmquist as its senior vice president and manager of the Orange County region.

Palmquist was the chief banking officer of Partners Bank in Mission Viejo. Before that he was a senior vice president for Wachovia Bank. Earlier he held a similar position at Commerce National Bank.

The $486 million-asset California United also hired Shirley Wentzel as its senior vice president of commercial banking and Lisa Gorelick as a vice president and relationship manager.

Wentzel was a senior regional vice president of commercial and private banking at American Security Bank in Newport Beach. Before that she was a senior vice president at U.S. Bank.

Gorelick was a vice president and relationship manager at American Security Bank. Before that she worked for U.S. Bank.


Magyar Bank of New Brunswick, N.J., has announced John S. Fitzgerald will be the president and chief executive officer of the bank and its parent, Magyar Bancorp Inc.

Fitzgerald has been the acting president and CEO of both since December. Before that he had been the chief operating officer of both since 2007 and an executive vice president of Magyar Bank and its $550 million-asset parent since 2005. He joined Magyar Bank in 2001 when he originated its commercial lending department.


First Michigan Bank has hired Thomas C. Shafer as the executive managing director of commercial banking.

Shafer was the executive vice president of specialty banking at Citizens Republic Bancorp. Before that he was the executive vice president of regional banking. Earlier he was the regional president of East Michigan. He had worked for Citizens since 1994.

First Michigan bank has $100 million of assets.

CFS Bancorp of Munster, Ind., has hired Jerry A. Weberling as the executive vice president and chief financial officer of the company and its Citizens Financial Bank.

Weberling was a senior manager at KPMG LLP in the savings and loan, real estate and mortgage banking departments. Before that had been the senior executive vice president of MAF Bancorp Inc. and its subsidiary, Mid-America Bank until 2007, when National City Corp. bought it. He had been a director of the company and bank since 1998 and had also been the CFO since 1990.

Weberling succeeded Charles V. Cole, who resigned to pursue other interests, the company said. Citizens Financial has $1 billion of assets.

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