Business Bank opened its doors to the Skagit Valley Community on April 11, 2005.
Prior to opening, 270 shareholders invested in the idea of a locally owned community bank that would serve local businesses and professionals. $11.1 million was raised in the initial offering. During this initial phase, board members were selected and the Bank grew ever closer to opening its doors.
As the opening date grew near, a team of highly skilled, experienced and successful banking professionals, was assembled. This process of acquiring the best in the business continues today.
The Burlington Branch was the first to open and is the corporate headquarters for the company. This branch will serve as the “Hub” of future Skagit County branches.
In July 2006 the Bellingham Branch was opened. This decision led to more than just a second branch, a name change would soon follow.
In April of 2008, the Mount Vernon branch opened in a temporary building while construction took place next door for a permanent location. The new building was completed and opened in Fall of 2008.
For Your Business
A primary focus of the Bank is to serve local businesses and their banking needs. Through the latest technology in banking and the customer service you would expect from a community bank, your experience as a client will be unmatched. In addition to Free Business Checking and extended drive thru hours, the bank has taken extra steps to make sure your needs are met. Want to make deposits from the convenience of your own office or home? With Remote Deposit Capture, via a scanner, this is as simple as scan, verify and submit. In addition to these great deposit products, the Bank offers the highest level of service when it comes to commercial lending. Take comfort in knowing that all loan decisions are made locally and access to your lender is merely a phone call away, a visit to your local branch, or they will come to you.
Thought about opening a personal checking account? Did you know that those services were offered? Yes, Business Bank is your Personal Bank as well. In addition to free personal checking, we offer credit cards, safe deposit boxes, money market accounts, certificates of deposit, and much more. In addition, Business Bank also makes loans for homes, land, cars, motor homes, boats and many other assets you are looking to finance.