Kitsap Bank Announces New Poulsbo Branch Manager

December 2, 2020
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Kitsap Bank is pleased to announce that Joy Balstad will serve as the Branch Manager of its Poulsbo branch. Balstad has been in banking for over 20 years. Joining Kitsap Bank in 2016, she spent the last four years as the Port Townsend Branch Manager. Balstad replaces Marilu Aganon, who will now be serving as Branch Manager at Kitsap Bank’s East Bremerton branch.  She is a Poulsbo resident, and has worked with many non-profit organizations, including local Chamber of Commerce organizations, United Way, and YMCA.         

“Joy has done a wonderful job managing the Port Townsend branch and is a tremendous asset to the Kitsap Bank team,” states Marlene Mitchell, Vice President and Regional Manager. “She is knowledgeable, enthusiastic, and committed to providing our customers with the highest level of service.  We are happy to welcome Joy to the Poulsbo branch.”


Established August 8, 1908, Kitsap Bank is headquartered in Port Orchard, WA, operating 18 locations throughout Western Washington. With over $1.5 billion in assets, the Bank provides a full range of financial services to commercial and individual clients. Kitsap Bank has been named a Preferred Lender by the U.S. Small Business Administration, and a Corporate Philanthropist by the Puget Sound Business Journal. Kitsap Bank was awarded the 2019 National Association of Secretaries of State Medallion, as part of the Corporations for Communities Award Program and received the Manufacturing Award for Innovation by the Association of Washington Businesses for the edg3 FUND Small Business Competition. Kitsap Bank’s Edg3 FUND was also recognized by the Federal Home Loan Bank of Des Moines in 2015 with their Strong Communities Award.  Kitsap Bank is ranked the 15th largest bank based in the State of Washington and is the sixth largest women-owned business, according to the Puget Sound Business Journal. The Bank was named Family-Owned Business of the Year in 2015 by Seattle Business magazine and has a 5 Star rating from BauerFinancial Inc. For more information, visit and follow us on Facebook, LinkedIn and Twitter