Articles from Sound Credit Union

On Saturday, June 28, 2025, Sound Credit Union (Sound), headquartered in Tacoma, successfully completed the system conversion of Washington Business Bank (OTCPK: WBZB), based in Olympia, Washington. This milestone marks the final step in Sound’s acquisition of the bank.

Late last week, Sound Credit Union (Sound), headquartered in Tacoma, announced the completion of its acquisition of Washington Business Bank (OTCPK; WBZB) based in Olympia, Washington. The transaction, finalized late last week, includes Sound acquiring all assets and assuming substantially all liabilities of Washington Business Bank.

Sound Credit Union (Sound) is thrilled to introduce an exciting opportunity for its members. Starting May 1, all Sound members who open or refinance an auto loan with the credit union will automatically be entered into a special drawing. One lucky winner will have their auto loan balance paid off by Sound, up to $40,000.

Sound Credit Union (Sound), a leading not-for-profit financial institution serving the Puget Sound community, has named Stacey Wilkerson as its new Executive Vice President and Chief Financial Officer. Wilkerson brings 25 years of experience in finance including leadership roles with large, community-centered credit unions.

Sound Credit Union, a leading not-for-profit financial institution serving Washington State, and Washington Business Bank (OTCPK: WBZB), a premier commercial bank headquartered in Olympia, Washington, announced today they have entered into a definitive agreement in which Sound Credit Union will acquire Washington Business Bank. The transaction is structured as a purchase agreement with Sound Credit Union purchasing substantially all assets and assuming substantially all liabilities of Washington Business Bank.