February 7, 2017 — In a recent article in the Puget Sound Business Journal, reporter Ashley Stewart highlighted eight local banks that the City of Seattle could go with if the Council divests from its current bank.
Puget Sound Bank was one of the eight.
Council members are expected to pass a bill to refrain from future business with Wells Fargo once the city’s banking contract is up on Dec. 31, 2018. The divestment would put $3 billion in city business up for grabs.
Read the full article on the PSBJ website.