Thursday, January 23, 2020

Bank of Idaho names interim Trust and Wealth manager

Jeremy Parkinson
Jeremy Parkinson has been named Bank of Idaho's interim Trust and Wealth Department Manager. He assumed responsibilities Jan. 6.

Parkinson takes over for Hal Peterson, who will retire on April 30. During the interim, Peterson will assist in the transition.

Parkinson began work at Bank of Idaho in March. He came aboard as part of the bank's expansion into the Treasure Valley, and is located at their downtown Boise office.

Bank President and CEO Jeff Newgard said that from the start, he could see Parkinson's potential as a team leader. "He's a very knowledgeable, dynamic trust officer. But beyond that, you don't have to spend long with the guy to realize that his passion for his work is intense," Newgard said.

Parkinson has instituted a slate of internal upgrades to help the trust department be more closely attuned to clients' needs. "The trust department is at a point where we can take things to the next level," he said. "Internally, we're going to implement some new technology and efficiency measures that'll help us serve our clients better."

Peterson has been at the helm of the bank's trust department since its inception in 1999. He plans to spend his retirement with his family on the trails and waterways near his cabin in Island Park.

Bank of Idaho, established in 1985, has seen strong recent growth. The Idaho Falls-based bank has broadened its footprint to include community banking in the Treasure Valley, where two full-service branches and one loan production office have been established within the past year. The company recently completed a capital campaign to support more anticipated growth and began
listing its stock for public trade on the OTC-QX market under the symbol BOID.