Sound Financial Bancorp, Inc. and Sound Community Bank Announces Management Changes
October 30, 2020 at 04:09 pm
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Boards of Directors of Sound Financial Bancorp, Inc. and Sound Community Bank (the Bank"), its wholly owned operating subsidiary, appointed Wes Ochs, Executive Vice President and Chief Strategy Officer of the Bank, as Executive Vice President and Chief Strategy Officer of the Company as well. As part of this appointment, the Company transferred the economic forecasting, strategic planning and asset liability management functions of the Company and the Bank from Daphne Kelley, Executive Vice President and Chief Financial Officer of the Company and the Bank to Mr. Ochs. Ms. Kelley will continue to act as the Company's principal financial and accounting officer.
Sound Financial Bancorp, Inc. is a bank holding company. The Company's business is substantially conducted through Sound Community Bank (the Bank), a Washington state-chartered commercial bank. Its principal business consists of attracting retail and commercial deposits from the general public and investing those funds, along with borrowed funds, in loans secured by first and second mortgages on one-to-four family residences, commercial and multifamily real estate, construction and land, consumer and commercial business loans. Its commercial business loans include unsecured lines of credit and secured term loans and lines of credit secured by inventory, equipment and accounts receivable. It offers a variety of secured and unsecured consumer loan products, including manufactured home loans, floating home loans and recreational vehicle loans. It also sells insurance products and services to consumers through Sound Community Insurance Agency, Inc., a wholly owned subsidiary of the Bank.
SOUND FINANCIAL BANCORP, INC. 
