Slide Play

Community Investment

As a community bank, Kitsap Bank is committed to contributing to the healthy and vitality of the places we call home. Each year we invest in projects that address critical needs in our communities, such as access to healthcare, affordable housing, mental health services, food insecurity, and more.

North Olympic Health Network

Bringing Whole-Person Healthcare Services to All

After years of planning and months of construction, North Olympic Healthcare Network (NOHN) recently opened its new Eastside Health Center in Port Angeles. As Clallam County’s only full-scope federally-qualified Community Health Center, NOHN provides access to quality healthcare to all – regardless of their financial or insurance status. Fees are reduced on a sliding scale based upon household size and income, ensuring that cost is never a barrier to accessing care, even for the uninsured.

The new clinic is strategically located on First Street near NOHN’s Expanded Services Building, hospital lab and diagnostic services, and with easy access to bus routes and primary highways. Patients have access to primary care, maternity/OB care, pediatrics, adult medicine, preventative care, and even dental care, counseling and eyecare services. Desperately needed in this rural community, NOHN is now able to serve an additional 6,000 patients through this expansion.

The property acquisition was financed through a HRSA Loan Guarantee Program in partnership with Kitsap Bank. The building was first constructed in the early 1940s as a storage facility, and extensive renovations were required to transform it into a high-quality clinic space. Remarks Dr. Michael Maxwell, North Olympic Healthcare Network CEO, “Kitsap Bank was willing to partner with HRSA on an innovative loan guarantee program that helped us obtain favorable rates that made the acquisition financially feasible. This partnership required additional effort and the Kitsap team was attentive, efficient, and collaborative.”

Wintergreen Townhomes

Meeting Affordable Housing Needs

Today just 44 permanently affordable homes exist for ownership on Bainbridge Island in a community where the median sales price of a home is $1.4 million. Housing Resources Bainbridge is helping address this gap by acquiring 31 units in the new 73-unit Wintergreen Townhomes – equating to a 70% increase in affordable housing inventory. Like all homes in Housing Resources Bainbridge’s community land trust, these homes will be permanently affordable to income-eligible households.

Kitsap Bank is pleased to provide the financing for the Wintergreen Townhomes project, which broke ground in the Summer of 2022. The first residents are due to move in this Summer.

Creating Strong, Sustainable Buildings

C-PACER (Commercial Property Assessed Clean Energy + Resiliency) is an innovative financing mechanism that allows property owners to obtain low-cost, long-term loans for energy-efficiency, renewable energy, resiliency and water conservation improvements through a voluntary property tax assessment.

Kitsap Bank has been at the forefront of working with the state legislature and local government to enact C-PACER – serving as an expert in this innovative lending solution which is now rolling out locally in many of the communities we serve and generating significant interest.

High angle view of agricultural building with solar panels