Tacoma banker H.R. “Hal” Russell is the new chairman of Community Bankers of Washington.

The president and CEO of Commencement Bank was installed at the statewide group's annual meeting last Friday.

The CBW, which was formed in 1989, is dedicated to protecting and enhancing the value of Washington state’s community-based financial institutions for the benefit of consumers and businesses. Russell has held various positions on the board and has been a member since he started Commencement Bank in 2006.