Archive of: Banking/Financial Services

Title Issue

FDIC banks' income down, but industry sees "improvement"

FDIC-insured institutions nationwide reported aggregate net income of $37.2 billion in the first quarter of 2014, according to a release from the government agency today.

May 2014

Observing Memorial Day on Monday

Daily Biz Briefs will not publish on Monday, Memorial Day, but subscribers can read next week's Business Examiner publication this weekend with these links.

May 2014

Darigold members approve SCU merger

With an approval rate of 93 percent, members of Darigold Federal Credit Union voted in favor of the company’s merger with Tacoma-based Sound Credit Union.

May 2014

Survey confirms stronger local economy

Washington small business owners are feeling better about the economic conditions here than those at the national level, according to the 2014 U.S. Bank Small Business Annual Survey. For the first time in the survey’s five-year history, the majority (53 percent) said the Washington economy is in a recovery.

May 2014

Columbia to sell bank branches

Tacoma-based Columbia Bank announced today it will sell three retail branches on the Olympic Peninsula to Sound Financial Bancorp Inc., parent company of Sound Community Bank.

May 2014

From BE: Business succession, lessons learned

In today’s bi-weekly Business Examiner edition, reporter Katie Scaff and content manager Arnie Aurellano talk with financial planners to come up with “Six tips for business succession planning.”

May 2014

Donors gift Goodwill with new store

Private donors Clara and the late Ottie Ladd, along with JPMorgan Chase & Company have put forth the capital costs to pay for development of a new Goodwill “blue” boutique in Sumner.

May 2014

Heritage completes WBC merger

Heritage Bank announced today the completion of its merger with Washington Banking Company.

May 2014

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
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