Commencement Bancorp Inc. operates as a bank holding company for Commencement Bank that engages in the provision of 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 personal reserve overdraft lines; real estate loans, including residential 1-4 family, multi-family, commercial, construction, and land loans; business line of credit; government backed and term loans; and personal and business credit cards. In addition, the company offers remote deposit capture, sweep accounts, 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 has branches in Tacoma, Enumclaw, and Auburn, as well as Olympia and Gig Harbo, Washington. The company was founded in 2006 and is based in Tacoma, Washington.