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3 Washington state banks named among America’s safest

Puget Sound Business Journal by Austin Business Journal

Liberty Bay Bank welcome’s Rhonda Morris to their Executive Management team.   Rhonda is a native of the Pacific Northwest bringing with her 30 years of Bank Operations, Compliance, Human Resources and Audit.   Rhonda started her career in banking after college at Jefferson National Bank in Port Townsend where she and her husband Jess both grew up and went to school.    After deciding to make banking a career, Rhonda set off for the big city where she worked at a number of different positions in King and Snohomish County, advancing her career. 

After 17 years of working for a big bank, Rhonda decided to go back to her community banking roots and has been working for small community banks since 2000. Most recently she was the Internal Audit and Compliance Officer for a Bank in North Seattle. With high hopes of working back on the Kitsap Peninsula, Rhonda and her husband bought a weekend home in Port Ludlow in April 2011. When the opportunity at Liberty Bay Bank presented itself, Rhonda and her husband decided to pack up and move back to the Peninsula area full time.

Rhonda will serve as chair of the Technology Oversight Committee, in addition to overseeing the bank’s Operations, Compliance, Information Technology, Security, Training, Audit and Human Resources.  She is excited to be a part of the Liberty Bay Bank team and looks forward to getting to know the staff, as well as the bank’s customers and shareholders.

  

 

Press Releases

 

Press Release *****

November 1^st 2012

 

LIBERTY BAY BANK REPORTS A PROFITABLE 3^RD QUARTER

 

Liberty Bay Bank reports a profitable 3rd quarter ending September 30, 2012.

 

President & CEO Rick Darrow states "We are extremely pleased with our earnings and honored by the positive response we have received from our local community.”

 

Liberty Bay Bank reports strong loan growth in Kitsap County for the first 9 months of 2012.  With loan totals of $ 41.3 million at September 30, 2012, Liberty Bay Bank continues its commitment of providing loans to local businesses and individuals.

“Our Loan growth is excellent”

 

Capital ratios continue to be strong for Liberty Bay Bank. The total risk-based capital ratio is 17.71% and the leverage capital ratio is 11.95% at September 30, 2012.

 “We are focused on building a strong community bank that is here for the long term.”

 

Liberty Bay Bank was recently recognized in a“Puget Sound Business Journal” article dated July 23, 2012 as being one of three Washington State banks ranked the safest banks in America.

 

“Our clients and neighbors recognize the value of having a community partner such as Liberty Bay Bank. We are privileged with being the locally owned community bank in Kitsap County.”

 

Liberty Bay Bank is a full-service community Bank based in Poulsbo. With specialized products and services for businesses, non-profits and consumers, Liberty Bay Bank is striving to be the Bank of choice in Kitsap County. More information is available on the Bank’s website www.libertybaybank.com.

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