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Puget Sound Bank Celebrates 9th Anniversary

2014 April 11 by

April 11, 2014 — Nine years ago Puget Sound Bank formally opened its doors to begin business as a “community business bank” and today the company celebrated nine successful years of serving the business-banking needs of local small- and medium-size businesses.

We celebrate local, the communities where we live and work, our customers and employees, and look forward to the next nine years.

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Puget Sound Bank Recognized for Philanthropic Outreach

2014 April 10 by

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.

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Growth Conference Panel to Feature Jim Mitchell

2014 April 9 by

Industry Leaders to Share and Explore Strategies at Annual Event

BRENTWOOD, Tenn., April 9, 2014 – Jim Mitchell, president and chief executive officer of Puget Sound Bank (OTCQB: PUGB), will speak at the Bank Director’s Growth Conference on May 1, 2014 in a panel session that will discuss where and how banks should be looking for loan growth. The Growth Conference will feature Mr. Mitchell’s insights as an integral part of the event, which explores strategies and concepts to improve efficiencies to provide solutions to the growth challenges faced by the banking industry.

Over 100 chairmen and senior executives of banks, including chief executive officers, presidents, chief marketing officers and senior retail banking executives, are expected to attend the event, which will take place in New Orleans from May 1-2, 2014.


About Bank Director
Since 1991, Bank Director has served as a leading information resource for the directors and officers of financial institutions. Through its quarterly magazine, executive-level research, annual conferences, and its website, BankDirector.com, Bank Director reaches the leaders of the institutions that comprise America’s banking industry. Bank Director is headquartered in Brentwood, Tennessee. For more information about The Growth Conference, visit BankDirector.com/conferences or contact Michelle King, director of marketing, (800) 826-8987.

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Jim Mitchell Featured in WBA Magazine

2014 April 8 by

Washington Bankers Association Meets with Jim Mitchell

March April 2014 cover logo smallApril 8, 2014 — 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 to read the interview in its entirety.

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Puget Sound Bank Lends a Hand to Bankers Care Efforts

2014 March 28 by

Bankers Care, March 2014

Puget Sound Bank was honored to support Northwest Harvest through the Washington Banker's Association's Banker's Care program in March 2014. Jim Mitchell (left) speaks with Shelley Rotondo, CEO of Northwest Harvest, and Brad Goode of KOMO TV.

Puget Sound Bank was honored to support Northwest Harvest through the Washington Banker’s Association’s Banker’s Care program in March 2014. Jim Mitchell (left) speaks with Shelley Rotondo, CEO of Northwest Harvest, and Brad Goode of KOMO TV.

March 28, 2014 — Puget Sound Bank recently participated in Bankers Care to benefit Northwest Harvest and thousands of hungry people in the community. We helped fill a critical need during a season where many food banks find their shelves are far too empty.

The Bankers Care 2014 Spring Food Drive included the participation of approximately 500 local bank branches across the region – spanning from Everett to Olympia. The campaign built on the individual efforts of many of the banks in their active fight against hunger, increasing the reach and impact by collectively helping the hungry in our communities.

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Puget Sound Bank Sponsors LifeSpring Luncheon

2014 March 26 by

JM at Podium LifeSpring with Kempers

Step Up to the Plate Event Raises Over $350,000

March 26, 2014 — Our own Jim Mitchell (left), chair of the board of Bellevue LifeSpring, presented Kemper and Betty Freeman (at right) and Kemper Development an award for their many years of service to Bellevue LifeSpring. They are shown here with Trish Carpenter, immediate past president of Bellevue LifeSpring. The annual event raised $356,000 to continue serving thousands of children of families on the Eastside. Bellevue LifeSpring is one of many organizations Puget Sound Bank supports that provides basic needs to those in our community.

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Jane K. Miller Promoted to Vice President

2014 March 19 by

March 19, 2014 — Puget Sound Bank recently announced the promotion of Jane K. Miller to vice president, operations support services manager.

“As the Bank has grown and our customers’ needs have become more complex, Jane has been an invaluable resource to ensure we continue to seamlessly meet their needs,” said Jim Mitchell, Puget Sound Bank president and chief executive officer. “Her expertise, team leadership and mentoring will all help support the anticipated growth of Puget Sound Bank.”

Ms. Miller joined Puget Sound Bank in 2007 after serving in various customer service positions in community banks. She is a Northwest native and a graduate of Pacific Lutheran University (Tacoma, Wash.).

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BauerFinancial Gives Highest Rating to PSB

2014 March 10 by

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.

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Bellevue Chamber Announces Entrepreneurial Nominees

2014 March 7 by

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.

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PSB Joins Bankers Care to Support Northwest Harvest

2014 March 4 by

March 4, 2014 — This March, bankers in Washington will join together to make a difference for Northwest Harvest and thousands of hungry people in the community, filling a critical need during a season when many food banks find their shelves are far too empty.

Last year the Bankers Care Spring Food Drive included the participation of approximately 500 local bank branches across the region – spanning from Everett to Olympia. The food drive is coordinated by the Washington Bankers Association, and is built on the individual efforts of many of the banks in their active fight against hunger.

This year Puget Sound Bank hopes to make an even bigger impact in area communities. During the three-week food drive, participating banks will serve as donation drop locations. Because Northwest Harvest works with local food banks throughout the region, all contributions directly support the communities in which they are collected.

Please join Puget Sound Bank, March 10 – 31, as we rally together to fight hunger.

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