Peoples Everett Flagship More Than Another Bank Branch

Peoples Bank has been in Everett for a few years. Headquartered in Whatcom County they started expanding to Everett with a branch at Colby and California and also opened a second location on Evergreen Way south of Madison.

In 2015 they began construction of what they call a flagship location at Everett and Colby. On July 28th they held an ice cream social to introduce the general public to the new financial center, closing the Colby and California location.

Thursday afternoon, Peoples invited the Everett and Snohomish County business community to meet, mingle and see the multiple ways this flagship location is much more than a typical bank branch.

The branch manager is Natalie Whitney. Originally from Lynden, she’s been in Everett for three years and tells MyEverettNews.com that she wants to focus on finding ways to revitalize the downtown Everett area and help drive growth across Snohomish County.

The new financial center offers products and services that go well beyond checking and savings accounts of individuals and small to mid-sized businesses.

Services range from college savings accounts and buying or renovating a home, to expanding a business, or succession planning and retirement accounts. The branch is staffed by a team of 13 experienced banking employees who serve as financial advisors for clients.

Experts include residential banking advisors, a commercial loan officer, a mortgage loan officer, and a financial consultant. Additional bankers will be hired as the branch grows.

Peoples Bank selected downtown Everett for the $3.3 million flagship financial center, completed in in July 2016, because of expected growth and strong community bank support, along with the ability to attract top tier bankers who are experts in their field.

Snohomish County is the third largest FDIC insured deposit market in the state, with Everett representing a $2.2 billion deposit market which is expected to grow three to five percent annually over the next decade.

Local contractors and subcontractors were retained for the project including Dykeman Architects and Gaffney Construction, which were responsible for the design and construction of the 13,000 square foot branch.