Inland Northwest Bank in Spokane, Wash., has hired a new chief executive.
The $447 million-asset Inland Northwest said Russell Lee will take over as CEO on June 29. Lee previously was chief operating officer of $832 million-asset Skagit Bank in Burlington, Wash., and of $1.4 billion-asset Peoples Bank in Bellingham, Wash.
Lee will succeed Randall Fewel, who had been CEO for the past 14 years. Fewel will remain chief executive of Northwest Bancorp., the holding company for Inland Northwest, until June 2016. Fewel will retire as CEO next June, but remain on the board of the bank and holding company.