Craft3 was founded in 1994 in Ilwaco, Washington, as ShoreBank Enterprise Pacific and now has offices throughout the Pacific Northwest
Nonprofit lender Craft3 has named Portland banking executive Mark Stevenson as chief financial officer to replace his longtime predecessor and Astoria resident David Oser, who recently retired. Stevenson resigned from Craft3's board of directors to take the position.
"Mark has spent his career building bridges between community banks and the businesses and nonprofits they serve," said Adam Zimmerman, president and CEO of Craft3. "His unique perspective will help Craft3 expand our impact capital and fund management initiatives as we execute on our new five-year strategic plan. I'd also like to thank David Oser for his years of service. Craft3 is a stronger organization because of his unwavering commitment to helping underserved populations access financing."
Most recently, Stevenson was an executive at Pacific Continental Bank leading nonprofit banking and sustainability initiatives. He had also served as president and CEO of Capital Pacific Bank until it was recently acquired by Pacific Continental.
"Access to responsibly-provided capital can rewrite the storyline of a business or family," Stevenson said in the release. "I've always admired the culture at Craft3, and joining as CFO gives me the opportunity to continue using finance to make a difference in the lives of people throughout the Northwest."