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April 26th, 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 new full-service branch is located at 5575 Harbor Avenue, Suite 100 in Freeland, Washington.

The new Freeland Branch is managed by Vice President/Manager Lauren Pool. Rounding out the local team are long-time South Whidbey community bankers Candy Anderson, Angela Roberts, Lisa Knauer and Pam Bickel.

“We are excited about increasing our Whidbey Island presence by expanding our loan production office into a full-service branch,” said Michal D. Cann, Chairman and Chief Executive Officer. “Our experienced bankers, personalized services and local decision-making reflect the service and experience we’re here to provide.”

The new Freeland Branch will be open from 9:00 am – 5:00 pm, Monday through Friday, with drive-thru service until 5:30 pm.

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