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  • Kitsap Bank Honors Employee Of The Quarter

    August 4, 2020
    Kitsap Bank is pleased to announce that Kattie Essex, Accounting Specialist, has been named Employee of the Second Quarter of 2020. Essex joined the Kitsap Bank family in July 2012 as an Accounting Clerk.  She was promoted to her current position in the Accounting Department in 2019. Essex was selected for this award by her peers, who praised her for her outstanding work ethic, willingness to work in partnership with others, and desire to share her wealth of knowledge with her team.  “Kattie is a key employee; her passion for teamwork and collaboration makes her a valuable asset at Kitsap Bank,” stated Alan Crain, Chief Financial Officer. “Our ability to serve our customers well is directly dependent upon how well we work together as a team. Kattie excels in this area and we’re very pleased to honor her with this award.” Kitsap Bank’s Employee of the Quarter award recognizes employees for significant contributions to the operating…
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  • Kitsap Bank Announces Seventh Annual edg3 FUND Small Business Competition

    July 29, 2020
    Kitsap Bank announced that the edg3 FUND small business competition will undergo some significant changes in 2020.  Created in 2014, the annual business competition is now in its seventh year.  edg3 FUND (pronounced edge fund) is the Bank’s annual small business competition recognizing entrepreneurs dedicated to growing our community in 3 ways:  economically, socially and environmentally.  And in 2020, the competition will also recognize small businesses that have demonstrated innovation and resiliency during the COVID-19 pandemic. Prizes and prize money have been increased in 2020.  edg3 FUND Grand Prize - $25,000 goes to the business that in the judges’ opinion best demonstrates their commitment to the triple bottom line business model, contributing to the community economically, socially and environmentally. Innovation Award - $10,000 goes to the company that demonstrates creativity, innovation and resiliency, providing unique…
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  • Kitsap Bank Announces Olympic College Scholarship Recipients

    July 28, 2020
    Kitsap Bank is pleased to announce that Aaron Steich and Taylor Bick are recipients of Kitsap Bank Scholarships for the upcoming academic year; both scholarships are given to eligible students enrolled at Olympic College who will be pursuing education in business-related studies, including finance, accounting, marketing, or cyber security. Aaron Steich, a 2020 High School graduate of Cedar Park Christian School, is the recipient of the Kitsap Bank Scholarship. Established in 2004, this scholarship is awarded annually to one exemplary business student who demonstrates a strong commitment to community and volunteerism. Steich will be playing baseball for the OC Rangers and plans on studying Business at Olympic College. Aaron is a strong supporter of giving back to his community and is an active volunteer. He hopes to one day build a new orphanage in Belize, where he makes annual work party mission trips to the children’s home where his younger siblings were adopted. A 2020…
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  • Kitsap Bank Opens Newly Remodeled Bremerton Branch

    July 14, 2020
    Kitsap Bank is pleased to announce it is relocating the retail operations of its downtown Bremerton Branch from 607 Pacific Avenue (6th and Pacific) to 1000 6th Street (6th and Warren, next door to Starbucks) effective Monday, July 13, 2020. This move provides the opportunity to offer state-of-the-art banking services to clients in a newly remodeled facility.  Following the relocation, the bank will begin remodeling the Sixth and Pacific building, dedicating the space to commercial lending, small business banking, administrative and operations offices. “For this renovation project, we were fortunate to bring together great local talent, including Rice Fergus Miller Architects and BJC Group in the design and construction,” stated Steve Politakis, Kitsap Bank’s Chief Executive Officer.  “We are proud to be a part of the revitalization of this very visible and important corner in Downtown Bremerton.”  The new branch interior…
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  • Kitsap Bank Announces 2020 Scholarship Recipients

    July 1, 2020
    Each year, Kitsap Bank provides scholarships to students of employees who are graduating high school and going on to attend college or technical school.  This year, the Bank presented seven scholarships to 2020 graduates.  This year’s scholarship recipients are: Student Name School Parent (Kitsap Bank Employee) Taylor Bick Central Kitsap High School Erin Bick Mark Bradshaw North Mason High School MiKayla Bradshaw Tessa Nolan Wilson High School Stephanie Nolan Jacob Petersen Peninsula High School Kara Petersen Erica Rosenow South Kitsap High School Mary Rosenow Brendan Smith Rogers High School Toni…
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  • Kitsap Bank Honored With The 2020 FIS Impact Award

    June 1, 2020
    Kitsap Bank was recently awarded the 2020 FIS Impact Award, recognizing organizations that are using FIS technology or services in innovative ways to better serve their clients. The annual awards are open to FIS clients based in North America, the United Kingdom, France and Germany. This year, ten companies were honored with this award. The recognition came with a $2,500 donation made by FIS Foundation to Kitsap Humane Society in Kitsap Bank’s name. “We are honored to receive this award for innovation,” remarked Tony George, Kitsap Bank’s President and Chief Operating Officer. “It’s our mission to responsibly provide for the prosperity of our communities through continuous improvement and innovation; and we challenge ourselves to live up to this commitment daily.”   Established August 8, 1908, Kitsap Bank is headquartered in Port Orchard, WA, operating 21 locations throughout Western Washington.  With over $1 billion in…
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  • Kitsap Bank Honors Employee Of The Quarter

    May 13, 2020
    Kitsap Bank is pleased to announce that Dharsea Mommsen, Senior Client Service Specialist Float based out of the Poulsbo Branch, has been named Employee of the First Quarter of 2020. Mommsen joined the Kitsap Bank family in 2015 as a Client Service Specialist I Float, serving clients in the Central Kitsap Region; and during her five years at the Bank has steadily advanced her career to her most recent position as a Senior Client Service Specialist. She was selected for this award by her peers, who praised her for her tremendous work ethic, her willingness to always lend a helping hand in any situation, and continually demonstrating tremendous leadership and a positive attitude when faced with challenges. “Dharsea is a valuable employee; exhibiting grace under pressure, inspiring others with her positive attitude, and demonstrating teamwork through her tireless efforts.” stated Marlene Mitchell, Vice President/Regional Manager. “We’re very pleased to…
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  • Olympic Bancorp Reports Strong Financial Performance for 2019

    March 27, 2020
    Olympic Bancorp and its wholly-owned subsidiary, Kitsap Bank, reported another record year of financial performance in 2019.  With a strong core deposit base and measured loan growth, the family-owned bank once again achieved record income.  The bank announced net earnings of $16 million in 2019 compared to $14 million one year ago.  Loans totaled $783 million versus $740 million in 2018; and deposits totaled $563 million on December 31, 2019.  Return on assets was 1.37 percent.  “Kitsap Bank’s strong performance in 2019 puts the bank in a position to serve as a stabilizing force during this time of economic uncertainty, and a resource for small businesses facing hardship,” stated Steve Politakis, Chief Executive Officer.  The full annual report can be viewed at https://www.kitsapbank.com/annual-report-2019/. At the Annual Shareholder Meeting, Mr. Tony Panagiotu was elected to the Board of Directors.  Tacoma born and raised,…
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  • Kitsap Bank Honors Employee Of The Quarter

    February 26, 2020
    Kitsap Bank is pleased to announce that Ariel McDermott, Assistant Branch Manager at our Bremerton Branch, has been named Employee of the Fourth Quarter of 2019. McDermott joined the Kitsap Bank family in 2015 and has become a valuable asset to the bank. She was selected for this award by her peers, who praised her for her willingness to always lend a helping hand in any situation, consistently going above and beyond with every client, and continually showing tremendous leadership when faced with challenges.   “Ariel is a valuable employee; exhibiting grace under pressure and inspiring others with her positive attitude.” stated Marlene Mitchell, Vice President/Regional Manager. “We’re very pleased to recognize Ariel’s excellent performance with this award.” Kitsap Bank’s Employee of the Quarter award recognizes employees for significant contributions to the operating excellence of the Bank.   Established August 8,…
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  • Kitsap Bank Promotes Branch Managers Marilu Aganon, Kim Peterson, and Jennifer Ruckman

    February 24, 2020
    Kitsap Bank is pleased to announce the promotions of Marilu Aganon, Kim Peterson and Jennifer Ruckman. Aganon serves as Kitsap Bank’s Poulsbo Branch Manager, Peterson as Silverdale Branch Manager, and Ruckman, East Bremerton Branch Manager. Each has been promoted to Vice President. Aganon has over 20 years of financial experience. She began working at Kitsap Bank as a Teller in 1999; and during her 20 years, has steadily worked her way up to her current position as Branch Manager. Aganon has worked with many non-profit organizations, including the local Chamber of Commerce, Martha & Mary, and North Kitsap Fishline. Peterson joined Kitsap Bank in 2012 as a Merchant Services Representative, and was promoted to Silverdale Branch Manager in 2014. An experienced banker, Peterson has served in branch management positions for over thirty years. Active in her community, she is a member with the Silverdale Rotary and sits on the Board for the Central Kitsap Medic One Foundation…
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