Drawn by the proposed bank’s lean business model, prestigious Board and innovative services, 370 South Sound investors contributed at a record pace to provide the bank with its $11 million initial capitalization in less than two months. Headed by attorney and Chairman of the Board, Stephen Bean, the fundraising effort was conducted strictly by invitation and word-of-mouth within the South Sound region, with no contributions solicited or accepted from “institutional investors.”

The extraordinary interest and funding generated from within the community allowed Thurston First Bank to launch in November 2004 with a full spectrum of innovative services and unrivaled lending power for an independent community bank.

Since then, Thurston First Bank has welcomed 17 highly-skilled employees, reaching $80 million in loans and $105 million in total assets as of December 2011. Most importantly, it has earned an excellent reputation for integrity, personalized service and technology-based solutions, as well as a highly valued base of exceptional business clients and partners.