CoBiz Financial Inc. (NASDAQ:COBZ) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On February 22, 2017, Mary M. White, a director of CoBiz Financial Inc. (the “Company”) since 2005, notified the Company she will retire from the Company’s Board of Directors, effective April 26, 2017. Ms. White advised the Company she has no disagreement with the Company on any matter relating to the Company’s operations, policies or practices and the decision was based solely on personal reasons.
About CoBiz Financial Inc. (NASDAQ:COBZ)
CoBiz Financial Inc. (CoBiz) is a financial holding company. The Company operates in three segments: Commercial Banking, Fee-Based Lines, and Corporate Support and Other. The Commercial Banking segment offers commercial, real estate and private banking, as well as treasury management, interest-rate hedging and depository products. The Fee-Based Lines segment offers employee benefits brokerage and consulting, insurance brokerage and wealth management services. Its subsidiary, CoBiz Bank (the Bank), is a full-service business banking institution. In Colorado, the Bank operates under the name Colorado Business Bank and has over 10 locations, including approximately nine in the Denver metropolitan area, and others in Boulder, Colorado Springs, Fort Collins and Vail. In Arizona, the Bank operates under the name Arizona Business Bank and has over five locations serving the Phoenix metropolitan area and the surrounding area of Maricopa County. CoBiz Financial Inc. (NASDAQ:COBZ) Recent Trading Information
CoBiz Financial Inc. (NASDAQ:COBZ) closed its last trading session down -0.18 at 17.44 with 37,607 shares trading hands.