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Sound Community Bank to Acquire Tacoma Branch of 1st Security Bank of Washington.

Publication: Business Wire
Publication Date: 25-JUN-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SEATTLE -- Sound Community Bank, a subsidiary of Sound Financial Inc. (OTCBB:SNFL), announced today that it is acquiring the Tacoma Office of 1st Security Bank of Washington. In the transaction, Sound Community Bank will purchase the deposits, deposit-related loans and assume the lease at the branch facility located at 2941 South 38th Street, in Tacoma. The transaction is subject to regulatory approval. The acquisition of the new Tacoma Office is expected to close in the third quarter of 2009. Sound Community Bank plans to move the operations of its Lakewood Towne Center branch to this new branch office...

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