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Welcome Letter

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Message from Jim Mitchell, President & CEO

June 14, 2013

On behalf of Puget Sound Bank, I am pleased to announce the acquisition of Core Business Bank is complete.

We are excited to welcome the Core Business Bank clients and employees to the Puget Sound Bank family.

The acquisition will allow the combined organization to provide expanded and enhanced services and greater capacity to support our clients’ growth. We look forward to partnering with our new colleagues to deliver the same level of service commitment and product expertise that you have come to know and expect from both Core Business Bank and Puget Sound Bank.

Over the next 90 to 120 days our team will diligently work together to ensure a smooth and seamless system conversion of the two bank operating systems. The conversion process is expected to be completed early fourth quarter 2013.

As of June 17, 2013 the Core Business Bank relocated to the Puget Sound Bank office at 10500 NE 8th St, Suite 1500, Bellevue, WA 98004. We look forward to serving all our clients at this location.

We sincerely want to assist you with any questions about your accounts. Please do not hesitate to contact us at (425) 455-2400. We will listen and address your concerns.

Sincerely,
Jim Mitchell
Jim Mitchell, President & CEO