Archive of: Banking/Financial Services

Title Issue

203 Tacoma apartments = $26.5 million

Global real estate investment and services firm Kennedy Wilson today announced that it has purchased Apex Apartments, a 203-unit apartment community near Tacoma Mall, for $26.5 million.

May 2014

Heritage announces first quarter results

Heritage Financial Corporation has reported that a net income of $2.5 million for the first quarter of 2014, compared to net income of $2.9 million for the same period last year and $710,000 for the fourth quarter of 2013.

April 2014

New Kent BECU to open June 2

Tukwila-based credit union BECU, which had its previous Kent location displaced when that community’s TOP Food and Drug closed last year, has announced that its new, permanent Kent Neighborhood Financial Center will open on Monday, June 2.

April 2014

Stronger quarterly earnings for Anchor

Anchor Bancorp, the holding company for Anchor Bank, today reported quarterly earnings well above the corresponding first three months of last year.

April 2014

WBC reports $4.4 million in Q1 earnings

Washington Banking Company, soon to merge with Olympia's Heritage Bank, today reported it earned $4.4 million, or $0.28 per diluted share, in the first quarter of 2014.

April 2014

Commencement Bank posts Q1 profit

Tacoma’s Commencement Bank has reported an income of $192,000 for the first quarter of 2014, continuing a trend of profitability since the beginning of 2011.

April 2014

Columbia slates dividends, shares drop

Columbia Banking System Inc. (NASDAQ: COLB) today announced two quarterly cash dividends of 12 cents each per common share and equivalent for holders of preferred stock.

April 2014

Earth Day plan to fund small biz

Kitsap Bank, in celebration of Earth Day today and its corporate sustainability initiatives, has announced an innovative way for small businesses to gain visibility, while competing for a much-needed cash infusion.

April 2014

Former Russell exec has new role

Michael J. Phillips has joined Federal Way Asset Management LP as chairman and CEO. He previously spent more than 25 years with Russell Investments, culminating as president from 1990.

April 2014

Small Biz funding options explored

NW Business & Community Development Center and Better Business Bureau will host an evening informational session Wednesday, April 23, at 5:30 p.m. to showcase the many options for funding a small business.

April 2014
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