Tony Chalfant will replace Dave Spurling as chief credit officer at Heritage Bank, Olympia, Wash., on July 1.
Chalfant is currently senior vice president and deputy chief credit officer for Heritage Bank, a position he’s held since July 2019. Prior to that, Chalfant served as the regional credit officer since January 2018 when Heritage acquired Puget Sound Bank. He was CCO for Puget Sound Bank for 13 years and prior to joining Puget Sound Bank he held commercial lending and leadership positions with U.S. Bank for 11 years. Chalfant started his career with the U.S. Comptroller of the Currency, working there for eight years.
Chalfant has also served his community on the boards of the Boys and Girls Clubs of Bellevue and the Bellevue Art Museum and currently is a member of the Eastside Business Roundtable. He has a Bachelor of Business Administration in finance and economics from Washington State University, Pullman, and is a graduate of the Pacific Coast Banking School.
“Dave and his team led the bank through a period of exceptional growth, both organically and via acquisitions, as well as difficult credit cycles, and his contribution was invaluable” said Heritage Financial Corporation president and chief executive officer Jeff Deuel. “Although we will certainly miss Dave and wish him the very best in retirement, we are confident Tony will provide the expertise needed to manage us through the current credit cycle and beyond.”
Spurling has served as executive vice president and CCO of Heritage Bank since 2007 and has held commercial lending positions with Heritage since 2001. With a commercial banking career spanning 36 years, Spurling is a graduate of the University of Washington, Seattle.
The $5.5 billion Heritage Bank has 67 offices in Oregon and Washington.