This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

HomeStreet Opening New Bank Branch In The “Center Of The Universe”

HomeStreet Bank, a subsidiary of HomeStreet, Inc. (NASDAQ:HMST), today announced the opening of a new retail bank branch in the Fremont neighborhood of Seattle, Wash. The branch will be located on the ground floor of the recently completed Saturn Building at 3417 Evanston Avenue North.

Located in the heart of the Fremont business district, the five-story building is a mix of retail and office. The branch’s adjacent neighbor is a new culinary shop, Wine Tea Chocolate, and the four upper stories will house up to 100 start-up and small businesses.

The Fremont neighborhood, self-proclaimed “Center of the Universe,” is home to the 18-foot Statue of Lenin, the Fremont Troll and several other public art pieces and historical relics that have found a home in the eclectic neighborhood. The area is a bastion of small businesses, boutiques, restaurants and high tech companies including Northwest offices of Adobe and Google. It draws a large crowd from Seattle and beyond for its annual events such as the Fremont Fair and Solstice Parade, Oktoberfest and its year-round Fremont Sunday Market.

“Our new retail branch will provide Fremont consumers and businesses with a local, community banking option, something that’s been strangely missing given how strongly residents feel about their community and about supporting local businesses,” said Paulette Lemon, senior vice president and retail banking manager. “It really is the perfect location for us given the vibrant neighborhood, the high number of people who live or work a short distance from the branch and the mix of small and medium-sized businesses in the immediate area.”

The Fremont branch is scheduled to open at the end of 2012.

HomeStreet Bank, a state-chartered, federally insured savings bank, offers consumer and business banking and investment and insurance products and services in Washington, Oregon, Idaho and Hawaii. HomeStreet Bank has consistently received an “outstanding” rating under the Community Reinvestment Act (CRA). Additional information on HomeStreet Bank can be found at

Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs