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Commencement Bank Named Best in Business by South Sound Business Magazine

Commencement Bank (NASDAQ: CBWA) announced it was named South Sound Business Magazine's 2025 Best in Business for local banks on December 1, 2025 in Tacoma, WA.

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Commencement Bank (NASDAQ: CBWA) announced it was named South Sound Business Magazine's 2025 Best in Business for local banks on December 1, 2025 in Tacoma, WA.

The bank previously received the same local bank honor in 2023. Company leadership credited the award to the team's focus on customer service, community involvement, and integrity.

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Argus Dec 1 session
+2.20% close to close Open Argus
Details

News Market Reaction – CBWA

On Dec 1, the day this news came out, CBWA closed 2.20% above the previous close.

Data tracked by StockTitan Argus for the Dec 1 session.

Key Figures

Award year: 2025 Prior award year: 2023
Award year
2025
South Sound Business Magazine Best in Business recognition year
Prior award year
2023
Previously received same Best in Business local bank honor

Historical Context

4 past events · Latest: Dec 01
4 events
  1. Dec 01

    Community recognition

    24h Move
    +2.2%

    Named 2025 Best in Business local bank by South Sound Business.

  2. Nov 10

    Management hire

    24h Move
    +0.3%

    Added senior commercial banking officer to support regional lending growth.

  3. Oct 30

    Quarterly earnings

    24h Move
    +0.0%

    Q3 2025 earnings growth and solid balance sheet saw no immediate price change.

  4. Oct 08

    Governance/advocacy

    24h Move
    +0.5%

    CEO elected to ICBA Federal Delegate Board, boosting governance profile.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

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TACOMA, WA / ACCESS Newswire / December 1, 2025 / Commencement Bank is honored to be recognized as one of South Sound Business's 2025 Best in Business recipients. South Sound Business Magazine hosts an annual competition that asks residents to vote on the "Best in Business" for several categories and industries. Commencement Bank was recognized as the 2025 Best in Business local bank, which it also received in 2023.

"We are humbled to once again be recognized as one of South Sound's best businesses. Our team's foundation is rooted in their commitment to superior customer service, community involvement, and integrity, which is what makes this recognition such an honor," said Nigel L. English, President and Chief Operating Officer.

About Commencement Bank
Commencement Bank, headquartered in Tacoma, Washington, was formed in 2006 to provide traditional, reliable, and sustainable banking in Pierce, King, Kitsap, and Thurston counties and the surrounding areas. Their team of banking experts focuses on personal attention, flexible service, and building strong relationships with customers through state-of-the-art technology as well as traditional delivery systems. As a local bank, Commencement Bank is deeply committed to the community. For more information, please visit www.commencementbank.com. For information related to the trading of CBWA, please visit www.otcmarkets.com.

Contact Information:

Nigel L. English, President, and Chief Operating Officer | 253.284.1801

General Inquiries: hello@commencementbank.com

SOURCE: Commencement Bank



View the original press release on ACCESS Newswire

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What award did Commencement Bank (CBWA) receive on December 1, 2025?

Commencement Bank was named South Sound Business Magazine's 2025 Best in Business for local banks.

Has Commencement Bank (CBWA) won the South Sound Best in Business before?

Yes, the bank previously received the same local bank recognition in 2023.

When and where was Commencement Bank (CBWA) recognized as Best in Business?

The recognition was announced on December 1, 2025 in Tacoma, WA.

What reasons did Commencement Bank give for receiving the Best in Business award?

Leadership attributed the award to the team's commitment to superior customer service, community involvement, and integrity.

Does the Best in Business award from South Sound Business affect Commencement Bank (CBWA) financial results?

The announcement describes an award and team attributes; it does not report any financial figures or guidance.

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