Commencement Bank Opens Permanent Branch Location in Gig Harbor Wash

August 14, 2024
Gig Harbor Branch Opens

Commencement Bank (OTCQX: CBWA) is pleased to announce the opening of its permanent location in downtown Gig Harbor, Wash. The bank has operated out of a temporary space for the past year while branch construction was underway. The new branch is located at 7804 Pioneer Way, in the heart of the downtown business district.

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“The city of Gig Harbor is a small, tight-knit community, and we are honored to be a part of it. We have had plans for the new branch since opening the doors of our temporary location last year, and after the positive response we have received from the community, we are more excited than ever to have a presence in this market. We look forward to not only offering traditional, relationship-focused banking, but also utilizing our new space to benefit the community and bring people together,” said Nigel L. English, President & Chief Operating Officer.

Commencement’s plan was to integrate the building into the surroundings and offer the space as a community hub when not in use. This location is staffed by long-time resident and experienced local banker, Allisha McVay, with her hand-selected team. The branch officially opened its doors on Monday, August 5th, 2024, but will host a formal ribbon cutting ceremony on August 27th.