Proud Sponsor of the 2025 Jewel Box Theatre Gala
This year’s Jewel Box Fundraising Gala embraced the theme “On the Threshold 2025”, with Liberty Bank proudly returning as the event sponsor.
Back by popular demand, the incredible staff from Liberty Bank once again volunteered their time to assist with guest check-in and check-out. Pictured from left to right: Lynette Reynolds (Personal Banker), Kelly Garcia (VP & Branch Manager), Melissa Johnson (Loan Coordinator), and Chelsie Calara (Personal Banker). Not pictured but instrumental behind the scenes was Rhonda Morris, EVP & Chief Risk Officer, from the Gala Committee.
The evening was a tremendous success, raising vital funds to help secure a dedicated rehearsal space for this amazing community theater. Please visit their website, https://www.jewelboxpoulsbo.org/
#Community #Local #Theater #Volunteers #Kitsap
Leadership Kitsap 20 Under 40
Leadership Kitsap celebrated the 2025 exceptional 20 Under 40 leaders on January 23, 2025, with Liberty Bank being a proud sponsor. In attendance, representing the Bank was Galina Georgieva, VP Relationship Manager II, her husband Josh and daughter Vivian. Galina is an alumni and current Board member of the non-profit.
Leadership Kitsap’s 20 Under 40 Awards Program recognizes and honors outstanding young business leaders who are making a significant impact in the Kitsap community. This program highlights the achievements of dynamic trailblazers under 40, sharing their stories to inspire and empower the next generation of leaders. Please visit their website at https://leadershipkitsap.org/
NK FISHLINE MOBILE FOOD BANK
We are honored to partner with Federal Home Loan Bank of Des Moines in presenting a Member Impact Fund grant to North Kitsap Fishline. This grant will be used to purchase a van to reach outline areas to better meet the growing needs of the community. Member FDIC
YWCA Adopt A Family
The staff at Liberty Bank was honored to host a family for the holiday season through the YWCA. The generosity and support they showed for this single mom and her four children were truly overwhelming. “Along with the gifts, we send the family our heartfelt wishes for a joyful and fulfilling 2025”, said Rhonda Morris, EVP & Chief Risk Officer.
7th Annual Silverdale Rotary Turkey Trot
Liberty Bank was a sponsor for the 7th Annual Silverdale Rotary Turkey Trot. Attended by Galina Georgieva, VP Relationship Manager, her husband Josh and daughter Vivian.
This year they welcomed just over 770 participants to enjoy a Kid’s Dash, 1 Mile, 5K and 10K Runs. Galina and her family did the 1 Mile Run. Her daughter finishing 59th out of 128 and Galina 65th out of 128, but second in her age group.
The $15,000 raised will be used for the Rotary’s Fight Hunger programs to provide food to young people and families in need all year long.
The program will start with filling over 400 bags of food to send home with kids from CK Schools. This will ensure that kids that are food insecure will have food over the 2-week Christmas break.
Each school provides exact numbers of how many kids they have, who are food insecure and at risk to stay hungry over the holidays. The program runs again in the spring for Spring Break.
YWCA 2024 Women of Achievement
It was an honor to once again be a sponsor for the YWCA 2024 Women of Achievement. Celebrating these extraordinary women and the tremendous contributions they’ve made to our community and beyond was truly inspiring.
In attendance for the luncheon was Melissa Johnson, Loan Coordinator, Denise Nicolet, SVP & Senior Relationship Manager, Rhonda Morris, EVP & Chief Risk Officer and Danielle Hampton, Commercial Credit Analyst II.
If you would like to learn more about the YWCA of Kitsap County, please visit their website: https://ywcakitsap.org/
Poulsbo Farmers Market 2024
Despite the windy weather, our Bank team proudly supported the Poulsbo Farmers Market, embracing the market’s commitment to keeping local dollars within Kitsap County and supporting local farms and businesses.
At the event, staff members—Kelly Garcia, Vice President & Branch Manager, Chelsie Calara, Professional Banker Lead, Lynette Reynolds, Professional Banker, and Arnie—were thrilled to connect with community members, showing our dedication to strengthening ties between market-goers and local enterprises.
To learn more about the Poulsbo Farmers Market and its valuable initiatives, please visit their official website: Poulsbo Farmers Market.
New Beneficial Ownership Information 2024
IMPORTANT: Starting on January 1, 2024, a new rule by the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) in relation to the Corporate Transparency Act requires that owners of LLCs and Corporations file Beneficial Ownership Information (BOI) with the U.S. Treasury within 90 days of registering their business. The business owner(s) is responsible for filing this electronically on FinCEN’s website. Businesses that formed before January 1, 2024 have until December 31, 2024 to file BOI. Any business that forms after January 1, 2025 will have 30 days to file after the date of formation. Failure to file can be up to 2 years in prison or a $10,000 fine.
Beneficial Ownership Information Reporting: FAQs
What is beneficial ownership information?
Beneficial ownership information is identifying information about the individuals who directly or indirectly own or control a company.
Why do companies have to report beneficial ownership information?
In 2021, Congress passed the Corporate Transparency Act (CTA) as part of the U.S. Government’s efforts to make it harder for bad actors to hide or benefit from their ill-gotten gains through shell companies or other opaque ownership structures.
How do I report BOI?
The form is found on FinCEN’s BOI e-filing webpage. https://boiefiling.fincen.gov/
What companies are required to report BOI to FinCEN?
LLCs, Corporations, or other entities created by filing a document with the secretary of state or similar office under the law of a State.
Is there a requirement to annually report BOI?
No. Companies are required to file an initial BOI report and only update when beneficial ownership information changes.
Additional Resources
Additional FAQs: https://www.fincen.gov/boi-faqs
Where to e-file: https://www.fincen.gov/boi
Small Business Resources: https://www.fincen.gov/boi/small-business-resources
Small Entity Compliance Guide: https://www.fincen.gov/sites/default/files/shared/BOI_Small_Compliance_Guide.v1.1-FINAL.pdf
Laws and Regulations: https://www.fincen.gov/boi/Reference-materials
$10 Billion Lost to Fraud in 2023
In 2023, more than $10 billion was lost to financial fraud across the country, impacting countless lives. While our bank has robust security measures in place to protect your money, it’s important to stay informed and vigilant. Learn how to identify, prevent, and report common scams by visiting the Washington State Department of Financial Institutions’ resource page here. Protect your financial future with these valuable insights and tips to avoid becoming a victim of fraud.
Proud Sponsor of The Coffee Oasis Annual Hope Gala
Liberty Bank is proud to once again sponsor The Coffee Oasis 11th Annual Hope Gala. Since 1997, The Coffee Oasis has been a source of hope and opportunity for youth in Washington state and in our local communities. Over the years, thousands of young people have found safety, healing, and a sense of home through their programs. The 11th Annual Hope Gala took place on September 13, 2024, with attendees from the Bank including Chelsie Calara (Gary), Professional Banker Lead, and Melissa Johnson (Justin), Loan Coordinator.
Let’s come together to support the vital work of Coffee Oasis and help create a stronger, more compassionate community for our youth. Learn more by visiting their website at https://thecoffeeoasis.com/.