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January 8, 2010

City Bank

Conrad Hanson, chairman, president and CEO of City Bank in Lynnwood, is retiring as president and CEO. He will continue as chairman of the board of directors until the annual shareholders' meeting in May. City Bank's board of directors elected Martin Heimbigner, lead independent director, to replace Hanson as president and CEO. The board also elected James Carroll, the bank's executive vice president and a member of the board of directors, to serve as chief credit officer.




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