Mountain Pacific Bank
Racquel Folchi has extensive work experience in the finance and accounting field. Racquel is currently employed at Mountain Pacific Bank, where they have held various positions including Senior Vice President & Chief Financial Officer. Prior to this, they worked at CRISTA Ministries as an Accounting Manager. Before that, they had a long tenure at Starbucks, where they held roles such as Internal Audit - Project Manager and Accounting Analysis Manager. Racquel also worked at BD&A as a Corporate Accounting Manager and at WAMU 88.5 as an Accounting Manager. Racquel has demonstrated expertise and leadership in financial management throughout their career.
Racquel Folchi has completed a Bachelor of Science (B.S.) degree in Management with a minor in Economics from California State University, Los Angeles. Racquel also holds a Master of Business Administration (MBA) degree in Finance from the University of La Verne. Additionally, they have attended Pacific Coast Banking School, although the specific degree and field of study are not provided.
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Mountain Pacific Bank
In August 2005, a group of local investors, community leaders and business executives, led by President and CEO Mark Duffy, set about to organize a new community bank in Snohomish County. And in July 2006, the bank opened its doors in the new Everett Gateway Center on Broadway. The Founders and Directors believed the time was right to organize a new community bank, as some other local banks had become victims of their own success and were more interested in expanding outside the local area than serving the local community. As banks began to falter in 2008, Mountain Pacific opened a second location at 196th and Highway 99 in Lynnwood. The Great Recession ultimately claimed seven local banks in Snohomish County. In 2012, President and CEO Mark Duffy was recognized by the Herald Business Journal as Executive of the Year, for safely guiding Mountain Pacific Bank through the economic crisis and for helping to save local community banking in Snohomish County. Today, Mountain Pacific Bank is the only 100% locally owned and locally managed community bank, based in Everett, WA. The bank finished 2012 as one of the Top 5 fastest growing banks in Washington and remains focused on helping local businesses, professionals and consumers achieve their financial goals. With two Branch Offices, Internet Banking, Remote Deposit, Mobile Banking and a unique Mobile Branch service, Mountain Pacific Bank provides exceptional service to all areas of Snohomish County.