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Kitsap Bank adds CFO

Kitsap Bank recently announced that Alan Crain has joined the bank as executive vice president and chief financial officer.

Crain has more than 25 years of experience in community banking. He most recently served as CFO at Seattle Bank where he worked with management and local investors to restore the distressed bank to profitability.

Previously, Crain spent 14 years as the CFO at Cashmere Valley Bank where he worked with management and the board to grow the bank from $275 million in assets to over $1 billion.

During his tenure there, he started and managed the bank’s public finance division and managed the bank’s investment portfolio while overseeing all accounting and finance functions of the bank.

He is a 1987 graduate of Central Washington University with a bachelor’s degree in accounting.

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