Michael Machado - Commercial Banking Officer
Wenatchee, WA – May 7, 2018 – Peoples Bank is pleased to welcome Michael Machado as Vice President and Commercial Loan Officer at the Wenatchee Financial Center. Michael specializes in commercial real estate and agricultural loans. He brings 17 years of local commercial banking experience, most recently serving as a Relationship Manager in the Commercial Division of US Bank in Wenatchee.
“Fostering a strong sense of community by creating a healthy business environment and helping out local business owners is very important to me,” says Michael. “The commercial lending team at Peoples Bank is top notch, and the Bank’s portfolio of lending products support a wide range of business needs. I am very excited to represent Peoples Bank in my new role and continue its nearly 100-year long legacy as a well-known and respected part of the community.”
Michael was born and raised in Everett and moved to Wenatchee in 1999 where he is actively involved in the community. He serves on the boards of Columbia Valley Community Health, East Wenatchee Events, and the Douglas County Planning Commission, and is treasurer and past president of the East Wenatchee Rotary Club.
Michael, his wife Devon and their three boys enjoy the outdoors and all that the Wenatchee-area has to offer including skiing, mountain biking and swimming. Michael holds a bachelor’s degree in business administration with a specialization in finance from Central Washington University. In 2009, he graduated from the Pacific Coast Banking School, the premier national graduate school of banking.
About Peoples Bank
Peoples Bank is a locally owned and operated, independent full-service community bank with over $1.6 billion in assets. Headquartered in Bellingham, Washington, the Bank was founded in 1921 and operates 24 branches located throughout Washington. In its most recent rating, Bauer Financial, a leading independent bank rating firm, awarded Peoples Bank its highest five-star superior rating. This rating recognizes Peoples Bank’s strong financial management practices, dedicated employees and long-standing customer relationships. Learn more about Peoples Bank at https://www.peoplesbank-wa.com/.