CenterPointe Community Bank Reports 2nd Quarter Profit
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Hood River resident Dr. Andreas von Flotow recently accepted an invitation to serve on the board of directors for CenterPointe Community Bank. Dr. von Flotow, who holds a PhD in aerospace engineering from Stanford University, is an accomplished research entrepreneur in multiple disciplines of science and technology, specifically aeronautical and space applications as well as other technologies. Among Dr. von Flotow’s accomplishments are as author or co-author of more than 100 published papers, 25 patents and the successful supervision of 7 PhD students while teaching at Massachusetts Institute of Technology. Dr. Von Flotow was a founder and principal at Insitu prior to its acquisition by Boeing; is involved in numerous business and investment interests; and is President and Chairman at Hood Technology, a company he founded in 1993.
“We are delighted to add the diversity that Andy brings to our board of director’s,” said Steve Benton, Chairman of the Board. “His technical background, experience and great success as an entrepreneur would add a very unique and valuable perspective to any corporate board of director’s; we are very fortunate in adding him to the CenterPointe Board where he joins 9 other gorge area community members representing Hood River, Wasco and Klickitat Counties.”
Mahlon Vigesaa, President and C.E.O., indicated that “CenterPointe Bank is an emerging local bank formed at a very opportune time given the economic challenges that have imperiled other banking institutions that were previously known to be strong performers. Building a talented and local board of directors is part of CenterPointe’s strategy for becoming the new choice for community banking in the Gorge. Adding Andy von Flotow reflects the progress that is being made in building a new community focused bank.”
About CenterPointe Community Bank:
CenterPointe Community Bank (CENP.OB) is the first locally based community bank to open in the Gorge in over 30 years. With offices in Hood River and The Dalles, CenterPointe is locally owned and operated, and dedicated to serving the communities located in the Columbia River Gorge. CenterPointe’s Hood River Office opened September 2007 and its The Dalles Office opened August 2008.