After operating out of a temporary space during the new branch’s construction, Commencement Bank recently opened in their permanent location on Pioneer Way in downtown Gig Harbor in August this year. This branch isn’t like a lot of other banks, however.
“Our philosophy since we formed in 2006 is to engage with the communities we serve, so we wanted the new location to fit aesthetically with the downtown waterfront district, while the interior features an open concept design to promote face-to-face interactions,” said Nigel English, President and COO of Commencement Bank. The full-service branch doesn’t have tellers and counters but instead has Community Bankers seated at desks to serve their clients personally in their bright
and welcoming environment.
Early on, Commencement’s plan was to integrate the building into the surroundings and offer the space as a community hub when not in use. “I’ve been in banking for more than 33 years and I agree this is fairly unique. The branch was designed to host and serve the efforts in our community and the non-profit organizations we support all year,” said English. This support includes opening their parking lot in off hours for citizens to park in what can sometimes be a challenging parking environment.
According to English, “When I joined the Commencement Bank team two and half years ago, we made it a huge priority to expand into Gig Harbor.” Like many industries, finding the perfect location is a challenge but more important for English was finding the right banker. He immediately thought of Allisha McVay, now the Market Manager of the Gig Harbor branch, and knew she was the perfect combination as a lifelong Gig Harbor resident and experienced banker that would champion the core values of Commencement Bank.
“Local decision-making, speed to market, and everything our team does day in and day out is impactful and validates the benefits of banking locally,” said English. “Gig Harbor is a tight-knit, welcoming community that supports each other and that aligns well with our style of banking.”
For Additional Information
Commencement Bank
commencementbank.com
BY LYNN CASTLE