WaFd Bank Hires Veteran Banker Mark Borrecco as Regional President for California

Mar 01, 2023

Washington Federal, Inc. (Nasdaq: WAFD) (the “Company”), parent company of Washington Federal Bank, (“WaFd Bank”) today announced veteran banker and former President and Chief Executive Officer at Great Western Bank, Mark Borrecco, will join the WaFd team as the new Regional President for California. Borrecco brings more than 27 years of banking experience to this new role as WaFd anticipates the acquisition of Luther Burbank Savings in California sometime later this year. Prior to his role at Great Western Bank, Mark served as President and Chief Executive Officer of Rabobank in Roseville, California from 2015 through 2019 and guided them through the sale to Mechanics Bank. Before that Mr. Borrecco held various leadership roles at other financial institutions. He holds an Economics degree from California State University Fresno.

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