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Awards

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Puget Sound Bank Recognized for Philanthropic Outreach

One of Top 75 in Washington State

April 10, 2014 – Puget Sound Bank is pleased to announce that we have been selected by the Puget Sound Business Journal as one of Washington state’s top 75 corporate philanthropists for our support of the nonprofit community.

Puget Sound Bank will be recognized on May 22, 2014 at the Puget Sound Business Journal’s annual Corporate Citizenship Awards luncheon event, where the publication will announce the top three companies in the categories of small, medium and large companies.

In partnership with The Seattle Foundation, the Puget Sound Business Journal will also present the Healthy Community Corporate Champion Awards to companies that have made significant, positive impacts on the community through volunteer work, in-kind donations, and cash contributions, and have embraced corporate philanthropy as part of their company culture.

Puget Sound Bank is honored to be recognized by the Puget Sound Business Journal for our support of the communities where we live and work.

Jim Mitchell Featured in WBA Magazine

Washington Bankers Association Meets with Jim Mitchell

Jim Mitchell, Puget Sound Bank president and CEO, was recently featuured in Issues & Answers, the publication of the Washington Bankers Association.

Titled “In Step with Jim Mitchell — Patience and Focus Guides Success” the executive-profile highlighted Jim’s answers when asked to share his lessons learned and strategies for success.

Click on the magazine icon below to read the interview in its entirety.

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BauerFinancial Gives Highest Rating to PSB

5-Star Rating Given for 14th Consecutive Quarter

March 10, 2014 — For the 14th consecutive quarter, Puget Sound Bank has been awarded a 5-star rating by BauerFinancial. This independent rating agency has awarded Puget Sound Bank its highest level of recognition for our strong capital base and liquidity, robust deposit and loan growth, and solid credit quality.

Bellevue Chamber Announces Entrepreneurial Nominees

Puget Sound Bank Named to Chamber’s List

March 7, 2014 – Puget Sound Bank has been included in the Bellevue Chamber of Commerce’s 25th Annual Eastside Business Awards list of nominees. Nominees, who are recognized for innovation, creativity, talent and leadership, will be honored March 20, 2014 at the Golf Club at Newcastle.

The winners for Eastside Business of the Year, Eastside Small Business of the Year, and Most Innovative Product or Service of the Year will be announced at the dinner event.

Puget Sound Bank is the only bank included in the list of nominees.

Read the Chamber’s news release.

Puget Sound Bank One of Strongest in United States

December 6, 2013 — For the 13th consecutive quarter, Puget Sound Bank has been awarded a 5-star rating by BauerFinancial. This independent rating agency has awarded Puget Sound Bank its highest level of recognition for our strong capital base and liquidity, robust deposit and loan growth, and solid credit quality.

Puget Sound Bank Marks 8th Anniversary

April 11, 2013 — Everyone here at Puget Sound Bank would like to reach out to our customers, friends and family to thank them for eight wonderful years of support. In this relatively short time period Puget Sound Bank has grown into one of the region’s premier banks in the region.

Puget Sound Bank is the bank of choice for the owners of many of the area’s fastest growing companies. We provide the expertise, experience and resources needed to take growing companies to their next growth stage.

Puget Sound Bank Recognized as One of Washington’s Best Workplaces in 2012

June 19, 2012 – Puget Sound Bank (OTCBB: PUGB), announced today that is was recently recognized by the Puget Sound Business Journal as a finalist for Washington’s Best Workplaces in 2012.

This year, 85 companies have been named finalists in the Puget Sound Business Journal’s Washington’s Best Workplaces competition. They will be featured in a special report of the Business Journal on August 10th and will be celebrated at an awards event at Safeco Field. Winners of the small, medium, large, and extra-large company categories will be announced there.

Acknowledging the recognition, Puget Sound Bank’s president and chief executive officer Jim Mitchell said, “This is a tribute to our tremendous team and customer-oriented employees that work hard every day to create a positive work environment. We are focused on continually recognizing and appreciating the dedicated banking professionals at Puget Sound Bank.”

Read the complete news release.

Puget Sound Bank Rated 5 Stars Again!

June 7, 2012 – We’ve done it again! BauerFinancial maintained its highest rating for Puget Sound Bank at 5 Stars (“Superior”). BauerFinancial is an independent organization that has been reporting on and analyzing the performance of US banks since 1983. Institutions do not pay a fee to BauerFinancial for their ratings, nor can they avoid a rating. BauerFinancial’s Star ratings are based on the call report data that all banks are required to file with the FDIC on a quarterly basis.

Puget Sound Bank’s continued strong performance in 2012 reflects the core competitive advantage of the bank: strong capital and liquidity, robust deposit and loan growth, and solid credit quality. 

Puget Sound Bank Celebrates 7th anniversary!

April 11, 2012 — Today marks the 7th anniversary of Puget Sound Bank! We have accomplished a great deal these past 7 years. As we celebrate this milestone, we want to take this time to honor our contributors, clients, and colleagues who believed in our mission and worked tirelessly to support our vision. We know that shared objectives are vital to our success and we appreciate those who helped us deliver on our brand promise of stellar service. Here’s to many more exceptional milestones!

Puget Sound Bank a PSBJ Fastest-Growing Company

September 9, 2011 – Puget Sound Bank makes the Puget Sound Business Journal’s 100 Fastest-Growing Private Companies list. To make the coveted list, companies achieved year-over-year revenue growth between 2008 and 2010. Puget Sound Bank is the only bank on the list. “We are especially proud of our team as we strengthened our core competencies to help anchor our business during these unstable times,” said CEO Jim Mitchell. Join us in celebration at the Journal’s flagship award program on October 12th at the Washington State Convention Center.