---
schema_version: "secwatch.filing_event.v1"
accession: "0000939057-21-000312"
form_type: "8-K"
ticker: "BANR"
cik: "0000946673"
company_name: "BANNER CORP"
filed_at: "2021-10-28T23:59:59+00:00"
generated_at: "2026-06-28T17:12:17.476598+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Banner Corporation announces retirement of Chief Risk Officer Judy Steiner; appoints James Costa as successor

## Summary
- Judy Steiner, EVP & Chief Risk Officer of Banner Bank, to retire effective November 25, 2021.
- Steiner receives a lump-sum payment of $175,000 in connection with her retirement.
- James M. Costa, age 53, appointed as EVP & Chief Risk Officer, succeeding Steiner effective immediately.
- Costa previously served as Chief Risk & Credit Officer at TCF Financial Corporation ($49B regional bank).

## SEC filing metadata
- accession: 0000939057-21-000312
- form_type: 8-K
- ticker: BANR
- cik: 0000946673
- company_name: BANNER CORP
- filed_at: 2021-10-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/946673/000093905721000312/0000939057-21-000312-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946673/000093905721000312/8k102821banr.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939057-21-000312
- JSON: https://secwatch.observer/filing/0000939057-21-000312.json
- Plain text: https://secwatch.observer/filing/0000939057-21-000312.txt

## Key facts
- Executive change
  Judith A. Steiner departed as Executive Vice President and Chief Risk Officer at BANNER CORP.
  - Action: retire
  - Role: Executive Vice President and Chief Risk Officer
  source text: announced that Judith A. Steiner, Executive Vice President and Chief Risk Officer of the Bank, will retire effective November 25, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/946673/000093905721000312/0000939057-21-000312-index.htm
- Executive change
  James M. Costa was appointed as Executive Vice President and Chief Risk Officer at BANNER CORP.
  - Action: appointed
  - Role: Executive Vice President and Chief Risk Officer
  source text: the Bank appointed James M. Costa, age 53, as Executive Vice President and Chief Risk Officer of the Bank, as successor to Ms. Steiner.
  evidence_url: https://www.sec.gov/Archives/edgar/data/946673/000093905721000312/0000939057-21-000312-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.