Richard Pickett - Rainier Pacific VP of Rainier Pacific Bank

RPFGDelisted Stock  USD 0  0.00  0.00%   

VP

Mr. Richard D. Pickett joined Rainier Pacific Bank as a Vice President responsible for the Bank business banking services in 2004. Mr. Pickett has 34 years of experience in the financial services industry, concentrated in the business banking field and executive bank management since 2004.
Age 74
Tenure 20 years
Phone253-926-4000
Webhttp://www.rainierpac.com
Pickett holds a Bachelor of Arts degree in Business Administration from Washington State University, and graduated with honors from the Pacific Coast Banking School at the University of Washington. Prior to joining Rainier Pacific Bank, he was employed by Valley Bank in Auburn, Washington, as its President and Chief Executive Officer. Prior to joining Valley Bank in 1999, Mr. Pickett was employed by Bank of America since 1974, as a Commercial Underwriting Team Leader and Credit Administrator.

Rainier Pacific Management Efficiency

The company has return on total asset (ROA) of (0.0893) % which means that it has lost $0.0893 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (7.4038) %, meaning that it created substantial loss on money invested by shareholders. Rainier Pacific's management efficiency ratios could be used to measure how well Rainier Pacific manages its routine affairs as well as how well it operates its assets and liabilities.

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Rainier Pacific Financial Group Inc. operates as the holding company for Rainier Pacific Savings Bank, which provides various banking services. The company was founded in 1932 and is based in Tacoma, Washington. RAINIER PACIFIC is traded on PNK Exchange in the United States. Rainier Pacific Financial [RPFG] is a Pink Sheet which is traded between brokers as part of OTC trading. Rainier Pacific is listed under Banking category by Fama And French industry classification.

Management Performance

Rainier Pacific Financial Leadership Team

Elected by the shareholders, the Rainier Pacific's board of directors comprises two types of representatives: Rainier Pacific inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rainier. The board's role is to monitor Rainier Pacific's management team and ensure that shareholders' interests are well served. Rainier Pacific's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Rainier Pacific's outside directors are responsible for providing unbiased perspectives on the board's policies.
Victor Toy, Sr. VP, Secretary, Director, Sr. VP of Rainier Pacific Bank and Director of Rainier Pacific Savings Bank
John Hall, CEO and President Interim CFO, Principal Accounting Officer, Interim Treasurer, Director, CEO of Rainier Pacific Bank and President of Rainier Pacific Bank, Interim CFO of Rainier Pacific Bank, Interim Secretary of Rainier Pacific Bank, Interim Treasurer of Rainier Pacific Bank and Director of Rainier Pacific Bank
Richard Pickett, VP of Rainier Pacific Bank
Carolyn Middleton, Chief Lending Officer of Rainier Pacific Bank and VP of Rainier Pacific Bank
Waylin McCurley, Vice President - Corporate Services of the Bank
Sandra Steffeney, VP of Rainier Pacific Bank

Rainier Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Rainier Pacific a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Consideration for investing in Rainier Pink Sheet

If you are still planning to invest in Rainier Pacific Financial check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Rainier Pacific's history and understand the potential risks before investing.
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