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July 16, 2018

SaviBank 2018 1st Quarter Results

SaviBank 2018 1st Quarter Results

June 19, 2018

Rod Cann Joins SaviBank Team

FOR IMMEDIATE RELEASE SaviBank Appoints Chief Lending Officer Burlington, Washington, June 18, 2018 — Due to significant recent and planned future growth, SaviBank has recently added to its lending management team. Rod Cann has joined the bank as Senior Vice … Continue reading

January 30, 2018

SaviBank 2017 4th Quarter Results

SaviBank 2017 Pre-tax Profits Increase 94% to $2.28 Million from 2016; Loans Grow 21% and Deposits Increase 30% Year-Over-Year Burlington, WA – January 30, 2018 — SaviBank (OTC Pink: SVVB), today reported for 2017 pre-tax income almost doubled to $2.28 … Continue reading

November 8, 2017

SaviBank 2017 3rd Quarter Results

SaviBank YTD Profits Increased 95% to $1.4 Million from 2016 Period; Net Interest Margin Expanded to 4.46% with Strong Loan and Deposit Growth Burlington, WA – November 2, 2017 — SaviBank (OTC Pink: SVVB), today reported for the first nine … Continue reading

August 2, 2017

SaviBank 2017 2nd Quarter Results

SaviBank 2Q17 Profits Increased 74% to $404,000 from 2Q16; Fueled by 24% Growth in Loans and 13% in Deposits Burlington, WA – August 2, 2017 — SaviBank (OTC Pink: SVVB), today reported second quarter 2017 profits increased 74% to $404,000, … Continue reading

July 12, 2017

SaviBank Completes $8.6 Million Secondary Offering

SaviBank Completes $8.6 Million Secondary Offering at $1.60 per Share Burlington, WA – July 12, 2017 — SaviBank (OTCPink: SVVB), today announced it completed a private placement of 5.36 million shares, raising net proceeds of $8.5 million. The offering was … Continue reading

April 27, 2017

SaviBank 2017 1st Quarter Results

SaviBank 1Q17 Profits More Than Double to $363,000 in 1Q17 YOY; Fueled by 30% Loan Growth and 17% Deposit Growth Burlington, WA – April 27, 2017 — SaviBank (OTCPink: SVVB), today reported first quarter 2017 profits more than doubled to … Continue reading

April 26, 2017

SaviBank Opens New Full-Service Branch in Freeland

Burlington, WA, April 26, 2017 – SaviBank (OTCPink: SVVB) announced the opening of its fifth full-service branch in Freeland, Washington on April 17, 2017. The Burlington-based bank has been operating as Loan Production Office in Freeland since March 2016. The … Continue reading

January 24, 2017

SaviBank Fourth Quarter and 2016 Results

SaviBank 2016 Pre-Tax Profits Increase 67% to $1.2 Million, or $0.10 Per Share Growing Profitability Generates Tax Benefit of $4.6 Million, or $0.39 Per Share Burlington, WA – January 24, 2017 — SaviBank (OTCPink: SVVB), today reported loans grew 31% … Continue reading

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