Glenn Deutsch, President & CEO, announced the consolidation of their two Lynnwood branches in a June 18 press release. All of the customer accounts at the 4710 196th Street SW branch will be transferred to the Lynnwood headquarters branch located at 2502 196th St. SW. The 196th Street branch at will close on September 20.
The Lynnwood headquarters branch, where Prime Pacific Bank also located its financial center and administration operations, opened in June of 2009.
“When we bought the new building, merging the two branch operations was a consideration: Board Chair Tim McMahon said. “From a shareholder perspective, this move makes good sense; additionally, it will continue to give customers access to all of our banking services.”
Bank officials are assuring customers, who have already been notified, that the branch transfer will be seamless, with no action necessary on their part. Customers will maintain their same account information and online convenience.