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March 28th, 2016

SaviBank Opens New Full-Service Branch in Oak Harbor

Burlington, Washington, March 28, 2016 – SaviBank has opened a new full-service branch office at 390 NE Midway Boulevard, Suite B107 in Oak Harbor, WA. The Burlington-based bank has been operating a Loan Production Office at this location since July 2014, and recently received FDIC approval to open this full-service branch.

“SaviBank is a true community bank. We’re thrilled to be opening in our present location and look forward to breaking ground for a new location in Oak Harbor in the near future,” said Kari Holmly, lifetime resident of Oak Harbor and Senior Vice President of SaviBank.
SaviBank Chairman and CEO Mike Cann added, “Our experienced bankers, personalized services and local decision making reflect the service and experience we’re here to provide.”

The new Oak Harbor Branch is managed by Vice President/Manager Todd Krantz. Rounding out the local team are long-time community bankers Shelly Etherington, Rose Rip, Cheryle Nordstrand, and loan support staff Yvonne Eckles and Steve Crandall.

The new Oak Harbor Branch will be open from 9:00 am – 5:00 pm, Monday through Friday.

About SaviBank

SaviBank (formerly known as Business Bank) is a commercial bank chartered in the State of Washington with a community bank focus. The Bank began operations April 11, 2005. SaviBank proudly serves Skagit, Whatcom, Island and San Juan Counties with branches in Anacortes, Burlington, Bellingham, Concrete, Freeland, Friday Harbor, Mount Vernon, Oak Harbor, and Sedro-Woolley, and loan production offices in Olympia and Orcas Island. The Bank provides loan and deposit services to customers who are predominantly small and middlemarket businesses and individuals in and around Skagit, Island, San Juan and Whatcom counties. As a locally-owned community bank, we believe that when everyone becomes Savi about their finances, our entire community benefits. Call us or stop by one of our branches and we’ll show you how to bank Savi. For additional information about SaviBank visit https://www.savibank.com.

Contact
Mike Cann, Chairman of the Board
Andy Hunter, President & CEO
(888) 707-2060