The Wise Choice.


June 29th, 2023

SaviBank is safe and sound.

A Message from Mike Cann, Chairman, SaviBank

In light of recent events surrounding the failure of Silicon Valley Bank, some folks have expressed concern over the security of their deposits in banks. SaviBank continues to operate in a safe and sound manner, to be well-capitalized with strong liquidity, and to meet the banking needs of our communities. We have historically provided our customers with exceptional service and financial security during the ups and downs of the economy and will continue to do so.

Simply put, SaviBank is a well-managed, conservative institution in a strong financial position to provide a safe and secure place for your deposits. Thank you for your continuing support and faith in us – we take that very seriously and will continue to do our best to make a positive difference in the lives of our customers. Please don’t hesitate to reach out to any of our staff with your questions or concerns.

Thank you.

 Mike CannChairman, SaviBank

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

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