Liberty Bank Joins The BaaS Association
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FOR IMMEDIATE RELEASE
POULSBO, WA – March 27, 2023 - Liberty Bank announced today that it has joined The Banking-as-a-Service (BaaS) Association. The BaaS Association was founded in 2022 as part of the Bankers Helping Bankers network. It provides a unified voice for financial institutions which are currently engaged in the business of Banking-as-a-Service. The BaaS Association also helps establish sound bank-fintech partnerships, including those who provide banking services for underbanked and underserved communities. |
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As part of the ongoing strategic BaaS strategy at Liberty Bank, The BaaS Association will give a great opportunity to develop, expand, and advocate on BaaS best practices. As a forward-thinking, customer-centric community bank committed to providing the best banking service and customer satisfaction, Liberty Bank looks to expand those same services beyond its physical presence. “We are excited to join the BaaS Association. Liberty Bank strives to be innovative using superior service and progressive technology that create convenience and efficiency for our clients and our staff, yet always in a personalized manner that supports the cultivation of deep meaningful relationships. Visionary, yet practical, we’re building the healthiest bank possible, always acknowledging that our clients are our partners, just as our investors and community organizations are,” said Rick Darrow, CEO, Liberty Bank.
“The BaaS industry is a tremendous vehicle for innovation and reaching underserved and underbanked communities and it’s also an avenue for banks, particularly community banks, to no longer be limited by geography,” said Dave Mayo, Co-Founder of The BaaS Association. “And when done correctly, the bank benefits, the fintech benefits, and the end consumer benefits with increased competition and access to new products and services.”
About Liberty Bank
Innovation. Determination. Collaboration. Inspiration.
Liberty Bank was founded in 2009 by regional business leaders with a breadth of professional expertise and a determination to create a different breed of bank: one that is truly invested in the success of each and every commercial and personal banking client, fiscally rock solid, and deeply engaged in the communities it serves. Headquartered in Poulsbo, Liberty Bank is a vibrant, dynamic institution that is thriving across the West Sound region. Hundreds of business and personal banking clients in the greater Puget Sound region – from Port Orchard to Port Townsend to Seattle - have put their trust in us.
The secret to Liberty Bank’s success has been recruiting outstanding banking talent and working with diligence to provide extraordinary personal service at every turn and transaction, always balanced by fiscally sound banking principles.
About The BaaS Association
The BaaS Association is the voice of the BaaS (Banking-as-a-Service) industry. The association promotes, supports, and advocates for BaaS sponsor banks which help serve millions of customers in a safe and compliant manner. The BaaS association represents over 80% of current BaaS sponsor banks operating across the United States.
The BaaS Association provides education, collaboration, and best-in-class practices that serve the unique needs of BaaS Sponsor banks. The BaaS Association also helps establish sound bank-fintech partnerships, including those who provide banking services for underbanked and underserved communities.
Media Contact:
[email protected]
“The BaaS industry is a tremendous vehicle for innovation and reaching underserved and underbanked communities and it’s also an avenue for banks, particularly community banks, to no longer be limited by geography,” said Dave Mayo, Co-Founder of The BaaS Association. “And when done correctly, the bank benefits, the fintech benefits, and the end consumer benefits with increased competition and access to new products and services.”
About Liberty Bank
Innovation. Determination. Collaboration. Inspiration.
Liberty Bank was founded in 2009 by regional business leaders with a breadth of professional expertise and a determination to create a different breed of bank: one that is truly invested in the success of each and every commercial and personal banking client, fiscally rock solid, and deeply engaged in the communities it serves. Headquartered in Poulsbo, Liberty Bank is a vibrant, dynamic institution that is thriving across the West Sound region. Hundreds of business and personal banking clients in the greater Puget Sound region – from Port Orchard to Port Townsend to Seattle - have put their trust in us.
The secret to Liberty Bank’s success has been recruiting outstanding banking talent and working with diligence to provide extraordinary personal service at every turn and transaction, always balanced by fiscally sound banking principles.
About The BaaS Association
The BaaS Association is the voice of the BaaS (Banking-as-a-Service) industry. The association promotes, supports, and advocates for BaaS sponsor banks which help serve millions of customers in a safe and compliant manner. The BaaS association represents over 80% of current BaaS sponsor banks operating across the United States.
The BaaS Association provides education, collaboration, and best-in-class practices that serve the unique needs of BaaS Sponsor banks. The BaaS Association also helps establish sound bank-fintech partnerships, including those who provide banking services for underbanked and underserved communities.
Media Contact:
[email protected]
Source: FI FinTech Newsroom