Laurie Stewart

President and CEO

Laurie Stewart is president and CEO of Sound Community Bank and its parent, Sound Financial in Seattle. She is also chair of the American Bankers Association.

Community banking

Why we converted from a credit union to a bank

A former credit union CEO explains why it chose to become a bank, subject to taxes, and says Congress needs to intervene in discussions on an NCUA proposal to loosen capital standards.

By Laurie Stewart

January 23

TRENDING

Earnings

Ohio banks say 'Howdy' to commercial loan opportunities in Texas

At a time of mild or nonexistent loan growth, middle-market borrowers in the Lone Star State are providing a boost to Fifth Third Bancorp and Huntington Bancshares.

By Catherine Leffert

5h ago
Industry News

Capital One and Discover walked away from talks before reaching a deal

New details have emerged about the negotiations that culminated in Capital One's blockbuster $35 billion agreement to acquire Discover. At one point last December, the two parties broke off discussions, according to a securities filing.

By Allissa Kline

5h ago
Politics and policy

Fed: Inflation, policy uncertainty are top financial stability concerns

According to the Federal Reserve Board's latest financial stability report, persistent inflation and policy uncertainty are the primary worries for banks. Survey respondents expressed heightened anxiety over murky policy outlooks due to geopolitical turmoil and rapidly approaching domestic elections.

By Ebrima Santos Sanneh

6h ago