Coastal Community Bank opens Arlington branch

Coastal Community Bank livestreamed a virtual ribbon cutting for their newest branch in Arlington on June 17.

This is the 15th branch for the bank, which has most of its branches in Island, Skagit and Snohomish counties.

The new branch is located in downtown Arlington at 525 N. Olympic Ave.

"Coastal Community Bank is the largest community bank by deposit in Snohomish County," said Laura Byers, chief retail and marketing officer with Coastal Community Bank.

The full service bank will offer a variety of the standard bank loans and services, "from personal accounts to business accounts," said Byers, who added the bank is still accepting loan applications for some business loans to assist in COVID-19 recovery.

Byers said the bank is a local one that is home in Snohomish County.

"We really focus on relationships," she said. "We have bankers who live and work in the community they bank in."

The people making the financial decisions will also be people with ties to the town, she said.

"All of our decisions are made locally," said Byers.

Coastal Community Bank wanted to expand to the area because it fits into their customer base.

"This location really fit our footprint," said Byers. "We already have a lot of customers who live in the area."

Christopher Adams, chairman of the Coastal Community Bank board of directors, said during the virtual ribbon cutting they already have relationships in the city.

"We have a lot of customers and good businesses and good people that are already in the city of Arlington, but to physically be in the city is a big deal for us," he said.

He appreciated the opportunity to open a new branch in Arlington.

"It's with great honor on behalf of the board of directors that we get to cut this ribbon today," said Adams.

"We're very excited to have a community presence in Arlington. It's a great city," he added.

Speaking at the ribbon cutting, Arlington Mayor Barbara Tolbert also said it was good to have a new bank in the downtown area.

"I'm excited. I think the building looks fantastic and it fits into our downtown so well," she said.

The bank's lobby is currently not open due to the COVID-19 pandemic, but drive-up banking is available right now.

A mural on the south wall of the building is also being painted by local artist Harry Engstrom and will give a historic view of Olympic Avenue.