BANNER CORP (BANR)
Sector: Financials
Mark C. Borrecco
BANNER CORP - Executive Compensation
Mark C. Borrecco
Executive Vice President and Chief Banking Officer
Executive Compensation
Biography
Mark C. Borrecco serves as Executive Vice President and Chief Banking Officer at Banner Corporation and its banking subsidiary, Banner Bank, where he leads the commercial banking division. With over 30 years of experience in the financial services industry, Borrecco joined Banner in 2003 as Senior Vice President and Spokane Division Manager. Prior to Banner, he held progressive leadership roles at KeyBank National Association, including Senior Vice President and Spokane Market Manager, as well as positions at U.S. Bank and Washington Trust Bank, honing his expertise in commercial lending, relationship management, and market expansion in the Pacific Northwest. Under Borrecco's stewardship, Banner's commercial banking portfolio has grown substantially, with a focus on serving middle-market businesses, agricultural clients, and specialized industries. His strategic initiatives have driven key achievements, including the successful integration of acquisitions, expansion into new markets, and the development of innovative lending solutions that strengthened Banner's position as a leading regional bank. Borrecco holds a Bachelor of Arts in Finance from Gonzaga University and a Master of Business Administration from the University of Washington Foster School of Business. In his current role, Borrecco oversees a team of seasoned bankers across Banner's footprint in the Western U.S., emphasizing client-centric strategies, risk management, and sustainable growth. His leadership has been instrumental in navigating economic challenges, such as the COVID-19 pandemic, while fostering long-term partnerships that contribute to Banner Corporation's strong financial performance and community impact.