SaviBank has opened a loan production office in Freeland, the Burlington-based company announced.

According to a news release, new hire Lauren Pool, vice president and loan production manager, will run the new office.

Prior to joining SaviBank, Pool was employed by Whidbey Island Bank for 19 years, the last 10 of which were as a commercial loan officer in Freeland. During that time, Pool was instrumental in the development of the commercial loan portfolio and deposit base on South Whidbey, and was promoted to senior vice president in 2014, the news release said.

“Lauren’s reputation as a respected banker, lender and community leader on South Whidbey makes her a valuable addition,” said SaviBank President Andy Hunter, in the release.

The loan production office opened March 15 and serves Whidbey businesses, professionals and individuals.

“After having worked in banking in Oak Harbor and on Whidbey Island for over 16 years, I’m aware of how important it is for people to have a local, Northwest-based community bank,” said Mike Cann, CEO and chairman for SaviBank.

“We’re here to offer that local service,” he said.

The new office is located at 5575 Harbor Avenue, above the Freeland Chamber of Commerce.