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Commencement Bancorp, Inc. and Commencement Bank Announce Retirement of Board Member Rose Lincoln

September 30, 2026

Commencement Bank (OTCQX:CBWA) officially announced the retirement of Board Member Rose Lincoln, effective September 30, 2026. Lincoln served on the board for over 19 years, bringing leadership experience from more than 40 years in nonprofit management, corporate social responsibility, and grantmaking. She served on several of the Bank’s board committees, and most recently chaired the Compensation, Nominating and Governance committee. She held the title of President and Chief Executive Officer at the Greater Tacoma Community Foundation from 2004 until she retired from her position in 2015.

“On behalf of our Board of Directors, I want to express our sincerest gratitude for Rose’s outstanding leadership and commitment to the Bank.  We are deeply grateful for her 19 years of dedicated service and expertise, which have helped shape our strategic direction and strengthened our commitment to our clients and communities,” said Hal Russell, Chairman of the Board.

“It has been an absolute privilege to work alongside Rose for nearly two decades. Her dedication and steady leadership have been an inspiration and her passion for serving our communities, clients, and employees is unmatched. Rose is going to be incredibly missed, and we wish her the absolute best in her well-deserved retirement,” said John Manolides, Chief Executive Officer.

© 2026 Commencement Bank NMLS #61907

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