Sound Community Bank
Headquarters: Seattle
Assets: $959 million
Female representation among senior employees: 50%
Female representation on operating/management committee: 69%
Sound Community Bank hit a trifecta in its C-suite: a female chief executive, chief operating officer and chief human resource officer. In 2021, as the pandemic began to wane, CEO Laurie Lee Stewart decided to keep flexible working arrangements for the back office and administrative staff. "Rather than set a standard for required in-person attendance, we required managers to justify the need for workers to return to the office," she said. "As a result of this creative policy we retained, and promoted, several women." For example, one executive was able to move to an area with more affordable housing and she could be near her elderly parents. Currently, 62% of the bank's officers and managers are women.
Selected executive highlights: