First Sound Bank Completes Successful Capital Campaign

SEATTLE, April 1, 2011 /PRNewswire/ -- First Sound Bank (OTC Bulletin Board: FSWA) today announced that it has completed its private offering for accredited investors that began in December 2010.  The bank has raised a total of $6.3 million in new capital, $4.1 million of which was raised after January 1, 2011.

About First Sound Bank

Seattle-based First Sound Bank offers customized banking for small- to medium-sized businesses, organizations, not-for-profits and professionals in the Puget Sound region. Founded by a team of veteran, local banking executives, it is committed to delivering personalized service, convenient access and competitive rates to support the needs of the business community. The bank offers online banking at www.firstsoundbank.com plus an expansive banking network in the western U.S., as well as ATM banking throughout the country and abroad. On March 1, 2008, First Sound Bank purchased a majority of the assets of a small-ticket, business-to-business leasing company and operates leasing as a division of the bank.

SOURCE First Sound Bank