Commencement Bancorp Inc. (CBWA)
OTCMKTS · Delayed Price · Currency is USD
11.99
0.00 (0.00%)
May 28, 2025, 9:49 AM EDT

Commencement Bancorp Company Description

Commencement Bancorp Inc. operates as a bank holding company for Commencement Bank that provides various banking products and services for individuals, and small and midsized businesses in western Washington.

The company accepts checking, demand, savings, NOW, money market, and time deposits, as well as certificates of deposit and individual retirement accounts.

It also offers term loans, home equity loans and lines of credit, and reserve overdraft lines; real estate loans, including residential 1-4 family, multi-family, commercial, and construction and land loans; business lines of credit; government backed loans; sweep accounts; and credit cards.

In addition, the company provides remote deposit capture, lockbox remittance processing, positive pay, and automated clearing house origination services, as well as merchant services, debit cards, ATM services, and online and mobile banking services.

It operates branches in Tacoma, Enumclaw, Auburn, Olympia, and Gig Harbo, Washington. The company was founded in 2006 and is based in Tacoma, Washington.

Commencement Bancorp Inc.
Commencement Bancorp logo
Country United States
Founded 2006
Industry Banks - Regional
Sector Financials
CEO John Manolides

Contact Details

Address:
1313 Broadway
Tacoma, Washington 98402
United States
Phone 253 284 1800
Website commencementbank.com

Stock Details

Ticker Symbol CBWA
Exchange OTCMKTS
Stock Type Common Stock
Fiscal Year January - December
Reporting Currency USD
ISIN Number US20051D1072
SIC Code 6020

Key Executives

Name Position
John E. Manolides President, Chief Executive Officer and Director
Harald R. Russell Founder and Chairman of the Board
Brandi Parker Executive Vice President and Chief Financial Officer
Mandie Ereth Senior Vice President and Finance and Accounting Manager
Thomas L. Dhamers Secretary