Archive of: Banking/Financial Services

Title Issue

Propel Insurance acquires Oregon firm

Tacoma’s Propel Insurance — already one of the nation’s largest privately owned insurance agencies — is growing further, announcing today that it has acquired United Risk Solutions.

February 2016

Last week to nominate CFOs

Final Call issued for nominations to 2016 Financial Executives of the Year recognition program.

February 2016

FA Insight acquired by TD Ameritrade

The acquisition of the Tacoma company by the Orlando-based online brokerage heralds the ever-growing importance of big data to the financial services industry.

February 2016

Wells Fargo cuts 59 mortgage jobs in Washington

In another sign of a recovering economy, Wells Fargo Home Mortgage announced that it is eliminating 59 positions in mortgage lending in Washington.

February 2016

Timberland CEO praises bank's strong quarterly performance

Timberland Bank has reported net income of $2.53 million, or $0.36 per diluted common share, for the fourth quarter of 2015.

January 2016

Columbia Bank continues setting records in 4Q

The bank earned record fourth quarter net income of $26.7 million with diluted earnings per share of $0.46; and record full year net income of $98.8 million with diluted earnings per share of $1.71.

January 2016

Heritage Bank growth plateaus in 4Q

The bank posted a net income of $9.5 million — which was the exact same number as reported numbers in the third quarter, ending Sept. 30 — or $0.32 per diluted common share.

January 2016

'Excellent' 2015 for Washington Business Bank

After the first full year in its downtown Olympia location, Washington Business Bank has announced robust year-end and quarterly results.

January 2016

Wall Street ‘woes’ good news for state bonds

Turmoil in the stock market resulted in a strong demand for today's renewal of general obligation bonds, and a savings of $124.1 million of the life of the bonds.

January 2016

Columbia Bank fundraiser nets more than $130K in 30 days

Local homeless shelters and relief organizations will be receiving donations from Columbia Bank branches this winter season, thanks to a highly successful community fundraising effort by the bank during December.

January 2016
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