Updated Terms and Conditions for Premier Checking – effective August 5, 2024
There have been changes to the terms and conditions of the Premier Checking account type, effective August 5, 2024.
Mountain Pacific Bank Ranked 51st in Top 100 Performing Banks of 2023
**FOR IMMEDIATE RELEASE**
Mountain Pacific Bank Ranked 51st in Top 100 Performing Banks of 2023
Everett, Washington-June 11, 2024- – Mountain Pacific Bank has been recognized as one of the top 100 publicly traded community banks under $2 billion in assets by American Banker Magazine. Attaining the 51st position nationwide for the year 2023, this achievement highlights the bank’s steadfast dedication to exceptional customer service.
Mountain Pacific Bank is also honored to be the only bank from Washington state to make this prestigious list, underscoring its commitment to serving and supporting the local community.
CEO Mark Duffy expressed his enthusiasm for the bank’s achievement: “Our focus on supporting the community and being the best community bank has been a driving force behind our success. I am immensely proud of our incredible team, whose hard work and dedication have propelled us to this position. We are grateful for the support and trust we receive from our valuable customers.”
Mountain Pacific Bank’s recognition as the 51st top-performing bank in the nation is a testament to its unwavering commitment to excellence, community support, and customer service.
For media inquiries or more information, please contact:
Mark Duffy
President CEO
Mountain Pacific Bank
425.263.3524
mduffy@mp.bank
Updated Positive Pay Agreement – effective June 6, 2024
The Positive Pay Agreement has been updated, effective June 6, 2024. Download the updated agreement PDF by clicking HERE.
Updated Fee Schedule – effective April 1, 2023
Updated Fee Schedule – effective April 1, 2023
Mountain Pacific Bank lands in top 200 publicly traded community banks.
Everett, Wash. – Mountain Pacific Bank was named one of the top 200 publicly traded community banks with less than $2 billion in assets by American Banker Magazine. We were also the 3rd highest rated bank headquartered in Washington on the list. This is a remarkable accomplishment, and we highlight the hard work of Mountain Pacific Bank employees. Their commitment to our customers and each other contributed to our success thus far.
Mountain Pacific Bancorp, Inc. Announces 4th Quarter 2021 Results
EVERETT, Wash. – Feb. 7, 2022 – PRLog — EVERETT, WA – Mountain Pacific Bancorp (OTC Pink: MPCB) the holding company for Mountain Pacific Bank (the Bank), today announced unaudited financial results for the fourth quarter ended December 31, 2021.
The Company recognized net income of $2.3 million in the fourth quarter of 2021, bringing net income for the year to $7.1 million. Book value per share increased to $7.49 per share at the end of the year, compared to $7.14 at the previous quarter-end, and $6.39 the same time last year. Chairman Rick Pedack noted, “The Board is proud of the performance posted in 2021 and recognizes the important contribution every member of the team made to achieve the results.”
MOUNTAIN PACIFIC BANK ANNOUNCES RETIREMENT OF CHIEF FINANCIAL OFFICER
Mountain Pacific Bank
3732 Broadway
Everett, WA 98201
425-263-3500
www.mp.bank
FOR IMMEDIATE RELEASE
Contact:
Mark A. Duffy, President and CEO, (425) 263-3524
mduffy@mp.bank
MOUNTAIN PACIFIC BANK ANNOUNCES RETIREMENT OF CHIEF FINANCIAL OFFICER
EVERETT, WA – After 12 years of service with Mountain Pacific Bank, Chief Financial Officer Ross Maynard has elected to retire as of May 2021. Mr. Maynard will remain in a consulting capacity through July 2021. Senior Vice President and Controller Racquel Folchi now leads the bank’s Accounting Department.
Mr. Maynard was named Executive Vice President and Chief Financial Officer in June of 2009 and has been a key contributor to the bank’s tremendous growth and success. The Mountain Pacific Bank team is grateful for Mr. Maynard’s leadership and dedication and wishes him the best as he begins this new chapter.
“As I prepare to transition from my career at Mountain Pacific Bank into retirement, I have come to realize just how fortunate I have been to be part of such a wonderful organization and team for the past 12 years,” said Maynard. “It has been a privilege to represent a company that places such a strong emphasis on providing quality services that meet the needs of customers and the communities Mountain Pacific Bank serves.”
Mr. Maynard has been involved in the banking industry for over 40 years, beginning his career with a locally owned community bank in his hometown of Duluth, Minnesota. He moved to the Everett area in the mid 1980’s with his family and has continued to work for a number of local community banks since that time.
ABOUT MOUNTAIN PACIFIC BANK
Mountain Pacific Bank is a full-service community bank, serving the financial needs of local businesses, professionals, and individuals in Snohomish County. The bank is headquartered in Everett, Washington and operates branch offices in Everett, Lynnwood, Ballard, and Burlington coupled with a Mobile Branch for the convenience of its customers. More information about Mountain Pacific can be found at www.mp.bank.
Contact:
Mark Duffy, President/CEO
(425) 263-3524
MOUNTAIN PACIFIC BANK RANKED PUBLICLY TRADED COMMUNITY BANK
Mountain Pacific Bank
3732 Broadway
Everett, WA 98201
425-263-3500
www.mp.bank
– FOR IMMEDIATE RELEASE –
MOUNTAIN PACIFIC BANK RANKED PUBLICLY TRADED COMMUNITY BANK
Mountain Pacific ranked #80 on American Banker Top 200 Publicly Traded Community Banks List
EVERETT, WA – June 2021 – Mountain Pacific Bancorp the parent company of Mountain Pacific Bank, is proud to announce that the bank has been named on American Banker magazines top 200 Publicly Traded Community Banks List. Mountain Pacific Bank ranked 80th on American Banker’s Top 200 Publicly Traded Community Banks List, as published in their May 2021 issue.
“We are honored and delighted to have made the list this year. Being listed as one of the Top 200 Publicly Traded Community Banks, illustrates Mountain Pacific Bank’s continued financial strength and performance”, said, Mark Duffy, President and CEO. “The bank would not be recognizing the success it does today without the loyalty and trust of our customers and continued dedication and commitment to excellence demonstrated by our employees. This recognition also was achieved during a time of heighted challenges related to the COVID-19 pandemic and is a testament to our team who brings their best to work each day to serve our customers.
Over the past 18 months, Mountain Pacific Bank, has been focused on providing customer access to SBA Paycheck Protection Program (PPP) loans. To date the bank has competed 873 PPP loans totaling $113 million. We are expecting to have another strong performance in 2021, with solid contributions coming from our Mortgage and Small Business Administration (SBA) Lending areas.”
ABOUT MOUNTAIN PACIFIC BANK
Mountain Pacific Bank is a full-service community bank, serving the financial needs of local businesses, professionals, and individuals in Snohomish County. The bank is headquartered in Everett, Washington and operates branch offices in Everett, Lynnwood, Ballard, and Burlington coupled with a Mobile Branch for the convenience of its customers. More information about Mountain Pacific can be found at www.mp.bank.
Contact:
Mark Duffy, President/CEO
(425) 263-3524
COVID-19 Update
Our lobbies are open! We have missed you. Mountain Pacific Bank continues to monitor the impact of the COVID-19 pandemic and is implementing several measures to protect what matters the most – the health of our community, customers, and staff. During these challenging times, it is key priority we continue to provide the excellent service and capabilities you expect from us.
MOUNTAIN PACIFIC BANK ANNOUNCES NEW BOARD MEMBER DAVID C. TINGSTAD
– FOR IMMEDIATE RELEASE –
MOUNTAIN PACIFIC BANK ANNOUNCES NEW BOARD MEMBER
David C. Tingstad, Joins Board
EVERETT, WA – March 2021 – Mountain Pacific Bank is pleased to announce the addition of David C. Tingstad to its Board of Directors.
Mountain Pacific Bank President and CEO Mark Duffy commented, “We are very happy to have David Tingstad join our Board of Directors. His legal and business experience strengthens our Board and will help Mountain Pacific as we continue to grow and support the region.”
“I am honored to serve on the Board for Mountain Pacific Bank,” said Tingstad. “I look forward to contributing to the management of an organization that is committed to Snohomish County.”
Tingstad continued, “Beresford Booth has a long history of service to our community and to organizations that have missions similar to ours. We are pleased to continue that commitment through our work with Mountain Pacific Bank and variety of companies and non-profit organizations in the region.”
David Tingstad maintains an extensive practice in the areas of business and real estate matters, limited liability companies (LLCs), corporations and real estate for financial services clients and clients throughout the state of Washington in a variety of industries. David regularly counsels’ clients in all aspects of business including operations, asset acquisitions, conversions, and mergers. His practice includes assisting operating businesses with succession planning, financing, dissolution, and disputes between owners. David’s clients range from family businesses to large corporations.
David lives and works in Edmonds. He serves as a director for Homage Senior Services, a non-profit company that promotes independence, preserves dignity, and enhances the quality of life for older adults and people with disabilities in Snohomish County.
ABOUT MOUNTAIN PACIFIC BANK
Mountain Pacific Bank is a full-service community bank, serving the financial needs of local businesses, professionals, and individuals in Snohomish County. The bank is headquartered in Everett, Washington and operates branch offices in Everett, Lynnwood, Ballard, and Burlington coupled with a Mobile Branch for the convenience of its customers. More information about Mountain Pacific can be found at www.mp.bank.
Contact:
Mark Duffy, President/CEO
(425) 263-3524
About Beresford Booth
Since 1946, Beresford Booth has provided a full range of legal services to businesses and individuals in Snohomish County and throughout the state of Washington. The Beresford Booth team proudly serves as trusted and independent advisors to our clients, providing creative and timely solutions to their most complex legal challenges. To learn more about Beresford Booth, please visit our website at www.beresfordlaw.com.
Contact:
David Tingstad, Managing Partner
(425) 776-4100
