Reposition
SaviBank first opened as Business Bank, serving the Skagit Valley Community on April 11, 2005. 270 shareholders invested in the idea of a locally owned community bank that would serve local businesses and professionals. The Burlington Branch was the first to open and was the corporate headquarters for the company until 2019 when the branch was relocated. The corporate headquarters is now located at the Blackburn Branch in Mount Vernon.
The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...
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