Commencement Bancorp Inc. operates as a bank holding company for Commencement Bank that provides various banking products and services for individuals, and small and midsized businesses in western Washington. The company accepts checking, demand, savings, NOW, money market, and time deposits, as well as certificates of deposit and individual retirement accounts. It also offers term loans, home equity loans and lines of credit, and reserve overdraft lines; real estate loans, including residential 1-4 family, multi-family, commercial, and construction and land loans; business lines of credit; government backed loans; sweep accounts; and credit cards. In addition, the company provides remote deposit capture, lockbox remittance processing, positive pay, and automated clearing house origination services, as well as merchant services, debit cards, ATM services, and online and mobile banking services. It operates branches in Tacoma, Enumclaw, Auburn, Olympia, and Gig Harbo, Washington. The company was founded in 2006 and is based in Tacoma, Washington.