updated 3/2/2011 1:16:31 PM ET 2011-03-02T18:16:31

OAK HARBOR, Wash., March 2, 2011 (GLOBE NEWSWIRE) -- Washington Banking Company (Nasdaq:WBCO), the holding company for Whidbey Island Bank, today announced that Jack Wagner, President and Chief Executive Officer, is scheduled to participate in the Washington Banks Panel at the Sandler O'Neill & Partners West Coast Financial Services Conference on Tuesday, March 8, at 2:35 p.m. Pacific Time. Mr. Wagner and Mr. Bryan McDonald, EVP & Chief Operating Officer, will be available during the conference for one-on-one meetings.

The conference is scheduled for March 7-9 at the Ritz-Carlton, Marina del Rey, California. The panel discussion will be available in its entirety, both live and via 30-day replay at www.sandleroneill.com .

ABOUT WASHINGTON BANKING COMPANY

Washington Banking Company is a bank holding company based in Oak Harbor, Washington, that operates Whidbey Island Bank, a state-chartered full-service commercial bank. Founded in 1961, Whidbey Island Bank provides various deposit, loan and investment services to meet customers' financial needs. Whidbey Island Bank operates 30 full-service branches located in six counties in Northwestern Washington. In June 2009, Washington Banking was added to the Russell 2000 Index, a subset of the Russell 3000 Index. Both indices are widely used by professional money managers as benchmarks for investment strategies.

www.wibank.com

CONTACT: Jack Wagner - President & CEO
         360.679.3121

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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