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HomeStreet Hires Commercial Banking Market Presidents for Northern California and Southern California

January 21, 2017SEATTLE--(BUSINESS WIRE)-- HomeStreet, Inc., (the “Company” or “HomeStreet”) (NASDAQ: HMST), the parent company of HomeStreet Bank, today announced that it has hired Ted Bojorquez as senior vice president, Silicon Valley Market President, and Michael E. Conboy as senior vice president, San Diego and Orange Counties Market President. Both Mr. Bojorquez and Conboy will report to Edward C. Schultz, executive vice president, California Market President.

Mr. Bojorquez comes to HomeStreet with over twenty-five years’ experience in banking, consulting, operations, planning, and analysis with a particular emphasis on serving the needs of growth companies. His focus will be on building commercial banking relationships with middle market and growth companies in and around San Jose, California. Mr. Bojorquez holds a Bachelor of Science degree in Finance from Santa Clara University.

Mr. Conboy has over thirty-five years of commercial banking experience with both large banks and community banks. His focus will be on growing the existing Southern California commercial banking business for the Company, focusing on the San Diego and Orange County, California, markets. He is a San Diego native, holding a Bachelor of Science degree in Finance from San Diego State University.

HomeStreet CEO Mark Mason said, “We are extremely excited about hiring Ted and Michael. Their experience in building and leading commercial banking teams will accelerate the momentum that we have established in California. We are fortunate to hire two bankers with long-standing relationships, a focus on serving their clients and communities, and who have deep roots in each of their markets.”

For more information about HomeStreet, Inc. and access to investor relations information, please visit http://ir.homestreet.com.

About HomeStreet, Inc.

Now in its 97th year, HomeStreet, Inc. (NASDAQ: HMST) is a diversified financial services company headquartered in Seattle, Washington, and is the holding company for HomeStreet Bank, a state-chartered, FDIC-insured commercial bank. HomeStreet offers consumer, commercial and private banking services, investment and insurance products and originates residential and commercial mortgages and construction loans for borrowers located in the Western United States and Hawaii. The bank has consistently received an “outstanding” rating under the federal Community Reinvestment Act (CRA).

Forward-Looking Statements

This press release contains forward-looking statements concerning HomeStreet, Inc. and HomeStreet Bank and their operations, performance and likelihood of success. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are based on many beliefs, assumptions, estimates and expectations of our future performance, taking into account information currently available to us, and include statements about the competitiveness of the banking industry. Such statements involve inherent risks and uncertainties, many of which are difficult to predict and are generally beyond HomeStreet’s control. Forward-looking statements speak only as of the date made, and we do not undertake to update them to reflect changes or events that occur after that date.