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Robert Perry and James Bartel Join Seattle Savings Bank

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For Immediate Release: June 03, 2008

Appointments signal new focus on commercial banking

SEATTLE - Robert Perry and James Bartel have joined Seattle Savings Bank, announced Ellen Sas, the bank’s president and chief executive officer.

Perry, a senior vice president and senior relationship manager, is responsible for developing and maintaining commercial accounts in the South Sound area and he will be based in Seattle Savings Bank’s Tacoma office. Bartel was named vice president and commercial loan officer and he will focus on commercial lending in the greater Seattle area.

Perry has more than 25 years of experience in banking, primarily in lending and credit administration. Most recently, he led the development of Washington Business Bank. He led the bank’s initial formation and opening and served as president and chief executive officer through 2007. Perry has also held positions at Merced County Bank and First Interstate Bank

Bartel has served as a business banking officer with Frontier Bank, the former Northstar Bank, U.S. Bank and Banner Bank. Most recently, he was vice president and business banking officer at American Marine Bank, where he increased his commercial real estate lending expertise and was the bank’s top-producing business banking officer.

The appointments of Perry and Bartel reflect Seattle Savings Bank’s new emphasis on business banking. The bank, founded in 1999 as an affiliate of Seattle Mortgage, is expanding its product line to include a full array of business banking products and services. With $613 million in assets, Seattle Savings Bank has six branches in Bellevue, Bellingham, Seattle and Tacoma.

Family owned and operated, Seattle Financial Group is a financial services company with operations in banking, mortgage, insurance, escrow and real estate investment. The organization was first established in 1944 as Seattle Mortgage Company, which today is one of the oldest independent mortgage banking firms in the Northwest. Seattle Financial Group has more than 300 employees, primarily in the greater Puget Sound area, and operates under the brand names Seattle Capital, Seattle Escrow, Seattle Insurance Group, Seattle Mortgage Company and Seattle Savings Bank.

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For more information contact:

Mary Grace Roske
Director of Corporate Communications
206.273.7359
mgroske@seattlefinancialgroup.com
www.seattlesavingsbank.com



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