Puget Sound Bank Promotes Dean T. Peterson

BELLEVUE, Wash.--()--Puget Sound Bank, the bank subsidiary of Puget Sound Bancorp (OTCQB:PUGB), announced the promotion of Dean T. Peterson to vice president, relationship manager.

“This promotion reflects Dean’s significant contributions to the lending team’s success,” said Steve Vincent, Puget Sound Bank senior vice president and team leader. “His deep knowledge of his customer base, methodical credit skills and strong work ethic have positioned Dean as a valued resource both internally and externally.”

Mr. Peterson joined Puget Sound Bank in 2013 as a senior credit analyst and in 2015 was promoted to assistant vice president, relationship manager. He grew up in Seattle and is a graduate of Western Washington University (Bellingham, Wash.).

Puget Sound Bank has been named a best workplace, fastest growing company and top corporate philanthropist by the Puget Sound Business Journal and is consistently rated one of the country’s strongest banks by independent analysts.

Common stock for Puget Sound Bancorp trades on the OTCQB® electronic marketplace under the symbol PUGB.

About Puget Sound Bank

Puget Sound Bank, the primary subsidiary of Puget Sound Bancorp, is one of Washington state’s top commercial banks (as measured by commercial and industrial loans as a percentage of total loans). Based in Bellevue, Washington, the bank was founded to meet the specialized needs of small- and medium-sized businesses, nonprofits, select commercial real estate projects, professional service providers and high net worth individuals. Puget Sound Bank offers a full range of competitive financial products including an advanced suite of cash management services. Customers can access their accounts in-branch, online, on mobile devices or through Puget Sound Bank's ATM network throughout the continental United States. For more information visit www.PugetSoundBank.com or call (425) 455-2400.

To access investor information for Puget Sound Bancorp, visit www.PugetSoundBancorp.com or call (425) 467-2037.

Contacts

Puget Sound Bank
Brad Ogura, 425-467-2037

Contacts

Puget Sound Bank
Brad Ogura, 425-467-2037