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News

October 30th, 2024

SaviBank Donates $120,000 to Children of the Valley

In partnership with the Federal Home Loan Bank of Des Moines, SaviBank has donated $120,000 to Children of the Valley!

FHLB Des Moines has joined forces with 49 financial institutions to provide nearly $9 million in matching grants to over 200 organizations across Washington. Through the Member Impact Fund, a remarkable $3 to $1 matching grant program, these funds support crucial areas like affordable housing, community development, financial literacy, and youth programs. Since its inception in 2023, the program has awarded over 1,250 grants totaling nearly $45 million!

SaviBank has been a proud member of Children of the Valley’s Leadership Circle since 2021, so we are especially excited to see the impact of this donation. A special shoutout to Flora Lucatero, the Executive Director of Children of the Valley, and Director of SaviBank, who is doing incredible work for kids and families in our community. We can’t wait to see the amazing things Children of the Valley will continue to achieve!

To learn more about Children of the Valley and the great things they are doing in our community, visit their website childrenofthevalleymv.org

Left to Right: LuAnne Burkhart (SaviBank Director, Andy Hunter (SaviBank President & CEO), Flora Lucatero (Children of the Valley Executive Director and SaviBank Director), Jessica Rodriguez (Children of the Valley Development Associate), CASH (SaviBank Mascot), Rod Cann (SaviBank Chief Lending Officer/Chief Operating Officer), Dean Smiley (SaviBank Lead Director), Mike Cann (SaviBank Chairman of the Board)

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 Bellingham and Orcas Island. The Bank provides loan and deposit services to customers who are predominantly small and middle market 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