$500 million in assets
Viking Bank has announced it has reached $500 million in assets.
"We are tremendously proud to achieve this milestone," said Patrick Redmond, president and CEO of Viking Bank. "It is an important acknowledgement of the commitment of everyone at Viking Bank to successfully serve the members of our communities because, as a local bank, our financial health depends on the financial health of our customers and communities."
Viking Bank was established 15 years ago with $3 million in stock and a single branch in Ballard. Over the years, Viking Bank has achieved remarkable growth. By the end of 2003, it had $250 million in assets and six full-service branches. Today, it has doubled those assets and added two branches.