SEATTLE--(BUSINESS WIRE)-- Sound Community Bank, a subsidiary of Sound Financial Inc. (OTCBB:SNFL), announced today that it completed its acquisition of the Tacoma Office of 1^stSecurity Bank of Washington located at 2941 South 38^th Street and the Port Angeles Office of 1^stSecurity Bank of Washington located at 1405 E. Front Street.

The combined deposit accounts acquired by Sound Community Bank at both branches totaled $33.6 million. At June 30, 2009, Sound Financial, Inc. had total assets of $324.4 million, total deposits of $254.9 million and stockholders' equity of $25.5 million.

Sound Community Bank President and CEO Laurie Stewart commented, "We're absolutely delighted to have the 1st Security customers join us. These acquisitions give our Company the size and scale to provide even greater service and to have a real impact in these communities."

The operations of the acquired Port Angeles Office have been moved to Sound Community Bank's new branch location at 110 North Alder Street in Port Angeles. The Company plans to move the operations of its Lakewood Towne Center branch to the new Tacoma branch location during the fourth quarter of 2009.

Sound Community Bank is a full-service bank, providing personal and business banking services in communities across the greater Puget Sound region. The Seattle-based company operates banking offices in King, Pierce, Snohomish and Clallam Counties, and is on the web at www.soundcb.com.

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    Source: Sound Community Bank