Sound Community Bank based in Seattle, Washington has completed the purchase of three bank branches that were previously owned and operated by Columbia Bank based in Tacoma, Washington.  With the branch acquisitions, Sound Community Bank now has six retail banking offices in the Puget Sound region along with one stand alone, loan production office.

Based on the press release from Sound Community Bank, the bank gains approximately $22.2 million of deposits with the new branch locations as well as $1 million in loan accounts.

Sound Community Bank branches can be found in downtown Seattle, Mountlake Terrace, Port Angeles, Port Ludlow, Sequim, and Tacoma, WA.  The bank’s loan production office is located in Madison Park neighborhood of Seattle.  For more information on the bank branches, hours of operation, and customer contact numbers see, Sound Community Bank locations.

Sound Community Bank is a full service bank that provides personal and business banking services in the greater Puget Sound region.  The bank ranks among the top 25 largest banks in Washington with approximately $450 million in assets, prior to this branch purchase transaction.  The bank branch acquisition is sure to move the bank up the ranks of the largest banks in The Evergreen State.  Sound Community Bank is a subsidiary of the publicly traded, Sound Financial Bancorp, Inc.

Columbia Bank is the second largest bank based in Washington and operates 79 branches in Washington in addition to 60 bank branches in Oregon.  Columbia Banking System, Inc. is a publicly traded company that is the holding company for Columbia Bank.

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