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May 21, 2024

Harborstone buys First Sound Bank

By JOURNAL STAFF

SEATTLE — Harborstone Credit Union has completed the purchase of First Sound Bank, the entities announced in a statement yesterday.

Harborstone, based in Lakewood, has acquired the assets and assumed the liabilities of Seattle-based First Sound Bank, including all deposits. As a result, Harborstone says it now has approximately $2.1 billion in assets, $1.5 billion in loans and $1.8 billion in shares and deposits, with 16 branches throughout King, Pierce and Thurston counties.


 
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