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FIRST SOUND BANK (WA) - FSWA STOCK NEWS

Welcome to our dedicated page for FIRST SOUND BANK (WA) news (Ticker: FSWA), a resource for investors and traders seeking the latest updates and insights on FIRST SOUND BANK (WA) stock.

First Sound Bank (FSWA) provides investors and business clients with essential updates through this centralized news resource. As the Seattle-based community bank progresses through its acquisition by Harborstone Credit Union, this page delivers verified information about merger developments, regulatory milestones, and financial implications.

Key updates include details on shareholder distributions, branch transition plans, and integration timelines. Visitors will find official statements from both institutions, advisor announcements, and operational changes affecting commercial banking services in the Puget Sound region.

This resource consolidates critical documents including merger agreements, regulatory filings, and equity transaction details. Users can track the anticipated Q1 2024 acquisition completion while accessing historical context about FSWA's 20+ years serving Washington businesses.

Bookmark this page for ongoing updates about the dissolution process, customer account transitions, and final stockholder payments. For direct inquiries, consult FSWA's official website or SEC filings linked through Stock Titan's verified sources.

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First Sound Bank (FSWA) Shareholders Approve Purchase and Assumption Agreement with Harborstone Credit Union
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Harborstone Credit Union has entered into a definitive agreement to acquire First Sound Bank. The transaction is structured as a purchase agreement, with Harborstone Credit Union purchasing all assets and assuming all liabilities of First Sound Bank. The combined institution will have approximately $2.1 billion in assets, $1.5 billion in loans, and $1.8 billion in shares and deposits. First Sound Bank shareholders will receive approximately $6.90-$7.10 in cash for each share of common stock.
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First Sound Bank (OTC Pink: FSWA) announced the termination of its merger agreement with BM Technologies, Inc. on December 23, 2022. The decision reflects the Bank's commitment to maintaining its status as an independent community bank focused on serving small businesses, high net worth individuals, and non-profit entities in King, Pierce, and Snohomish Counties. President and CEO Marty Steele emphasized that the protracted regulatory approval process prompted a reassessment of the Bank's strategy, ultimately leading to a focus on growing profitability and maximizing stakeholder value.

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1.51M
Banks - Regional
Financial Services
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United States
Seattle