EUGENE, Ore. - Oregon Pacific Bank announced Monday the appointment of David Rice as Executive Vice President and Director of Trust & Wealth Management. In this newly created executive role, Rice will oversee strategy and client experience for the bank's fiduciary and wealth management services.
Rice brings more than 20 years of fiduciary leadership experience to the position. His previous roles include Senior Trust Managing Director at U.S. Bank in Portland, Senior Fiduciary Officer at Trust Point, and Director of Client Experience & Client Service at Resonant Capital Advisors. He holds a B.S. in History & Economics, a J.D., and an MBA from the University of Wisconsin.
"David's deep background in trust and law, combined with his recent experience in wealth management, makes him uniquely qualified to lead this important area of our Bank," said Ron Green, President and CEO of Oregon Pacific Bank.
The appointment reflects Oregon Pacific Bank's focus on strengthening strategic alignment and risk management while enhancing client experience across its trust and wealth management divisions.
The bank has offered fiduciary services since 1996 and has expanded these services to multiple locations across Oregon, including Coos Bay, Medford, Eugene, and Roseburg. In 2016, the bank established Oregon Pacific Wealth Management, LLC as a wholly owned subsidiary registered with the SEC.
Rice cited the bank's community focus as a key factor in his decision to join Oregon Pacific Bank, according to the company's press release statement.
Oregon Pacific Bank provides trust, wealth management, and banking services across multiple communities in Oregon. InvestingPro analysis shows the bank maintains a "GOOD" overall financial health score, with particularly strong momentum in its stock price, which is currently trading near its 52-week high. Get access to additional insights and detailed financial metrics with an InvestingPro subscription.
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