Laurie Stewart Honored as a Leader in Banking Innovation
Laurie Stewart: A Remarkable Leader in Banking
SEATTLE – Laurie Stewart, President and CEO of Sound Community Bank, has been distinguished as one of American Banker’s Most Powerful Women to Watch. This recognition, awarded by the renowned financial publication, celebrates influential leaders within the banking sector who demonstrate exceptional business acumen and a steadfast dedication to diversity, equity, and inclusion.
The Significance of the Recognition
As American Banker’s program approaches its 22nd anniversary, it continues to highlight the importance of empowering women in banking. The awards not only recognize those making powerful advancements in their careers but also emphasize the significant changes these leaders foster in the financial services industry.
Modern Leadership in Action
Chana Schoenberger, Editor-in-Chief of American Banker, expressed a keen sense of anticipation for the contributions of these honorees. "Keep your eyes on these women in the years ahead," Schoenberger noted, underscoring their modern leadership capabilities and the vital role they play in the thriving financial landscape.
Stewart's Inspirational Journey
Laurie Stewart’s career spans an impressive 34 years at Sound Community Bank, where she has been instrumental in the bank’s transformation from a modest credit union with $38 million in assets to a robust publicly traded commercial bank valued at $1 billion. This transformation speaks volumes about her leadership and vision in the banking sector.
Community Involvement and Industry Influence
Beyond her contributions to Sound Community Bank, Stewart has played a pivotal role in several influential boards and associations. She is one of the 14 bankers selected for the inaugural FDIC Community Bank Advisory Board, demonstrating her commitment to community-focused banking. Stewart has also served dual terms as Chair of the Washington Bankers Association (WBA) and the American Bankers Association’s Governmental Affairs Committee.
Her Legacy Within Banking
In a remarkable achievement, Stewart became only the third woman to serve as Chairperson of the American Bankers Association Board of Directors in nearly 150 years, reflecting her extraordinary influence within the industry. Her extensive involvement extends to serving two consecutive terms on the Board of Directors for the Seattle Branch of the Federal Reserve Bank of San Francisco and a current position on the 12th District Head Office Board.
A Commitment to Causes Beyond Banking
Stewart's dedication is not limited to banking; she has also held leadership roles in various nonprofit organizations. She served as Chair of the National Arthritis Foundation Board of Directors and was previously Chair of the Woodland Park Zoo Board, showcasing her passion for community service.
About Sound Community Bank
Founded in 1953, Sound Community Bank is a well-respected full-service bank that delivers personal and business banking services throughout the greater Puget Sound region. The bank, based in Seattle, operates numerous branches in several counties.
Recent Financial Growth
As part of Sound Financial Bancorp, Inc. (NASDAQ: SFBC), the bank reported total assets of $1.1 billion recently. This growth highlights Sound Community Bank's commitment to expanding its services and strengthening its financial standing.
Contact Information for Media Inquiries
For additional information about Laurie Stewart or the bank, media representatives can reach out to Deena Rataezyk, Vice President and Director of Marketing & Communications. Deena can be contacted at (206) 204-8169 or via email at deena.rataezyk@soundcb.com.
Frequently Asked Questions
Who is Laurie Stewart?
Laurie Stewart is the President and CEO of Sound Community Bank, recognized for her impactful leadership in the banking industry.
What recognition did Laurie Stewart receive?
She was named one of the Most Powerful Women to Watch by American Banker for her exceptional contributions to banking and community service.
How has Laurie Stewart impacted the banking industry?
Stewart has transformed Sound Community Bank from a small credit union to a billion-dollar commercial bank, demonstrating visionary leadership and community involvement.
What roles does Laurie Stewart hold outside of her bank?
She has served on various boards, including the American Bankers Association and the National Arthritis Foundation, indicating her commitment to both banking and community service.
What are Sound Community Bank’s areas of service?
Sound Community Bank provides a variety of personal and business banking services in the greater Puget Sound region, showcasing its dedication to local communities.
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