US regional Charter Bank will change its name
to Charter Private Bank.
The bank said the move is in keeping with its
transition from a singularly-focused community bank to a
locally-based private banking enterprise providing comprehensive
financial services targeting successful individuals, families and
their businesses in Washington State.
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Charter president and chief executive Jim
Garvey said: “We have always been a relationship bank but with the
addition of services including our private banking suite, the bank
is able to strengthen and broaden its relationship with its
clients.”
Charter Private Bank is part of Boston Private
Financial Holdings (BPFH). In the fourth quarter of 2009, BPFH had
assets under management of $18.5bn.
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