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Skagit Bank
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Summary
location iconBurlington, Washington
website
company sizeCompany size: 51-200

Skagit Bank was founded in Skagit County in 1958 and now has 11 offices in King, Skagit, Snohomish, and Whatcom Counties. Bank provides personal checking, savings, credit cards, home loans and online and mobile banking, as well as a full range of financial services for businesses. Skagit Bank is firmly rooted in the Northwest community and flexible enough to meet the financial needs of its customers.

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Commercial Banks
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Skagit Bank - Recent News & Articles

Banks to join SWIFT digital asset trials in 2025

SWIFT said it is uniquely positioned to interlink the fragmented digital asset landscape with its forthcoming digital currency trials in 2025. Banks i...

A Tale of Two Consumers

The Impact of Two Consumer Classes and the Fed Funds Rate Outlook

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After months of business leaders and economists urging action, the People’s Bank of China (PBoC)—the central bank of the world’s second biggest econom...

Source: Time
US Department of Justice files civil antitrust lawsuit against Visa

The US Department of Justice (DOJ) has filed a civil antitrust lawsuit against Visa over allegations of “monopolisation and other unlawful conduct in ...

The Fed has the proof it wants that inflation is slowing, but the next move is still up in the air

A week’s worth of inflation data showed that price pressures have eased substantially since their meteoric rise in 2021-22. Fed officials head into th...

Source: CNBC
Ally Financial warns of 'intensifying' credit challenges, shares slump

Ally Financial's credit challenges have intensified over the current quarter as borrowers struggled with high inflation, the consumer lender's finance...

Source: Reuters
As Growth Sputters, Beijing Tries Again to Jolt China’s Economy

China’s central bank took new steps to shore up the country’s sputtering economy, highlighting officials’ growing anxiety about growth only days after...

Source: MSN
Futility Index

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https://finance.yahoo.com/news/norinchukin-eyes-assets-including-clos-014942422.html

Norinchukin Bank will consider investing in a range of assets as it braces for massive losses on the sale of roughly 10 trillion yen ($63 billion) in ...

China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings

China's yuan is in the midst of a steep decline as holders of the currency eye the risk of US sanctions. The value of the yuan slumped against Russia'...