Commencement Bank Welcomes New Commercial Healthcare Banking Team

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TACOMA, WA / ACCESS Newswire / April 1, 2026 / Commencement Bank, a subsidiary of Commencement Bancorp, Inc. (OTCQX:CBWA), is pleased to announce that Dani Collins, Tom Reuter, and Val Williams have joined Commencement following longstanding positions at Columbia Bank. The new team will be located at the Bank's headquarters in Tacoma, Wash. with Collins as Senior Vice President and Healthcare Banking Team Leader. Reuter will serve alongside Collins as Vice President and Healthcare Banking Officer, while Williams will oversee the team's daily operations as their Loan Administrator. With over 35 years of combined experience, they are widely known as the premier healthcare banking group in the Pacific Northwest. This team brings a wealth of commercial and healthcare banking knowledge and expertise along with a solid and expansive reputation for cultivating strong, long-lasting relationships.

Collins joins Commencement with more than 25 years of banking experience primarily focused on healthcare banking and commercial real estate lending. In her most recent role, she served as Senior Vice President and Healthcare Market Director of Washington and Northern Idaho. She holds a degree from the University of Washington with a focus on Finance, Economics, and Organizational Development. Dani brings a strong commitment to community involvement, focused on volunteerism and board experience across healthcare non-profits dedicated to advocacy and cancer research.

"I am deeply committed to being a trusted resource and advisor to healthcare providers so they can focus on delivering quality care to the communities they serve. I believe that when providers have the right financial partners supporting them, our communities prosper. I chose to join Commencement Bank because of their genuine commitment to strengthening the local economy and the communities they serve. As a community bank, they understand that investing in local businesses and families creates lasting impact. This shared sense of purpose speaks directly to the heart of our team's commitment to partnering with healthcare professionals to help them build healthier, stronger communities," said Collins, SVP, Healthcare Banking Team Leader.

With eight years of experience in healthcare banking and a degree from Gonzaga University in Business Administration, Reuter's strength in production and portfolio management, and his commitment to serving the healthcare community, will be a significant contribution to the Bank. Reuter's dedication to remaining current with the healthcare industry and evolving regulatory environment has been instrumental in growing his client base, earning their trust through sound financial guidance and responsiveness.

Williams comes to us with over 14 years in banking, with the most recent eight years supporting Collins and Reuter operationally with experience in credit analysis, loan documentation, and overall client management. Her reputation for excellent customer service makes her a solid addition to the overall Commencement team.

"As a local community bank, we are deeply committed to our clients, and we take great pride in being a trusted financial partner. That's why I'm thrilled to welcome Dani, Tom, and Val to the Commencement Bank team. Their dedication to our community and their clients reflects our core mission, and their expertise will immediately strengthen our organization. This well-known and respected team will amplify our impact in the markets we serve," said John E. Manolides, Chief Executive Officer.

"We are thrilled to welcome this exceptional banking team to our organization. Their deep industry expertise and commitment to relationship driven service align perfectly with our values. The addition of this team represents a strategic investment in both expertise and service excellence, and we look forward to the meaningful contributions they will bring to our organization, said Nigel L. English, President & Chief Operating Officer.

Collins, Reuter, and Williams began their roles in late March 2026 at the Bank's Tacoma headquarters. They will remain focused on serving the Washington and Northern Idaho markets and will specialize in full-service banking for medical, veterinary, and dental practices.

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Dani Collins

Senior Vice President and Healthcare Banking Team Leader

Phone: 253.831.9023 or [email protected]

Tom Reuter

Vice President and Healthcare Banking Officer

Phone: 253.363.3709 or [email protected]

Val Williams

Loan Administrator II

Phone: 253.284.1843 or [email protected]

About Commencement Bank

Commencement Bank, subsidiary of Commencement Bancorp, Inc. (OTCQX: CBWA), is headquartered in Tacoma, Washington, and was formed in 2006 to provide traditional, reliable, and sustainable banking in Pierce, South King, Kitsap, and Thurston counties and the surrounding areas. Their team of banking experts focuses on personal attention, flexible service, and building strong relationships with customers through state-of-the-art technology as well as traditional delivery systems. As a local bank, Commencement Bank is deeply committed to the community. For more information, please visit www.commencementbank.com. For information related to the trading of CBWA, please visit www.otcmarkets.com.

Contact Information:

John E. Manolides, Chief Executive Officer | 253.284.1802

Nigel English, President and Chief Operating Officer | 253.284.1801

SOURCE: Commencement Bank