By John Wolcott HBJ Freelance Writer
EVERETT — Coastal Community Bank is expanding once again, this time opening new branches in Snohomish in February and Smokey Point in March to bring its total branches to 10 in Snohomish and Island counties.
The bank’s new Snohomish branch at 928 Ave. D, a few blocks north of the city’s downtown business district, opened in mid-February, adding to Avenue D’s long thoroughfare of retail businesses and professional offices.
“We opened 50 accounts in just the first few days,” said President and CEO Eric Sprink. “People in Snohomish grew used to a community bank when First Heritage Bank was here and they’re glad to see us establishing a branch here to offer our successful brand of community service, particularly focused on businesses.”
Coastal already serves 500 to 600 commercial customers through its branches in downtown Everett; at southeast Everett’s Silver Lake branch, site of its administrative offices; Stanwood; Camano Island; Darrington; Monroe; Sultan; and Freeland on south Whidbey Island.
“Hopefully, if Federal Reserve regulators complete their approval soon, we expect to open our 10th branch in late March at Smokey Point to serve Arlington, north Marysville and the rapidly growing north Snohomish County area,” Sprink said.
That branch will be in the former North County Bank office on Smokey Point Boulevard, a short ways south of 172nd Street NE. Coastal Community Bank has housed operations staff there in recent weeks, awaiting final approval of its branch application at that site, he said.
Coastal Community Bank was founded in Everett in 1997 to serve businesses and consumers in the Puget Sound area.
“As we have done for the past 16 years, we will work hard to deepen existing client relationships and attract new customers,” Sprink said in a recent news release about the bank’s growing branch network.
In addition to residents in Snohomish and Island counties, Sprink said small and medium-sized industries and businesses “are particularly looking to Coastal as a local community bank with an experienced staff that includes some of the most professional business banking people in the region. … Most of them have been involved in local communities for many years.”
For more information, go to www.coastalbank.com.