Community Financial Corporation

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CFC's builders seem to agree. Donald Schollander, President of Schollander Development Company, said, "Community Financial has in John Satterberg and his fine staff a team with over 15 years of experience as the most outstanding new home lender in our area. They bring great knowledge of the business and tremendous service to their customers that is unparalleled." David Stewart of Olsen Homes, Inc., said of Community Financial, "John Satterberg has been providing Olsen Homes, Inc., with customer and construction financing for over 15 years.

The instigator behind Community Financial Corporation is its President, John Satterberg, a highly successful leader with more than 30 years of experience in the Portland area. For Satterberg, a former Vice-president with a large national lender, opening Community Financial was like coming home. "I decided I wanted to do something different and realized my dream of opening up a company over which I had more control.

Opening the company in April 2000 also brought Satterberg full circle and aligned him with the same team of professionals he worked with over 35 years ago. Community Financial is a wholly owned subsidiary of Banner Corporation. Gary Sirmon, Mike Larsen, and Lloyd Baker, currently officers or board members of Banner Bank, worked with Satterberg at Community Savings and Loan of Wenatchee.

Satterberg assembled an experienced staff of professionals who, like himself, were looking for a company that gives them the opportunity to exercise more local control over the lending process. Said Satterberg, "We have employed some of the most successful loan representatives in the Portland area." The loan reps are supported by an internal production staff of processors and closers with years of experience and extensive knowledge of the mortgage industry. "We process, close, fund, and service many of our loans. We perform all of the functions necessary in the loan transaction.

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