Archive of: Banking/Financial Services

Title Issue

Heritage to buy Bellevue bank

Before the business day opened, Heritage Financial Corp. of Olympia announced that it has a deal to acquire Bellevue's Puget Sound Bancorp. in an all-stock transaction.

July 2017

Strong borrowing lifts HomeStreet results

Weaker demand for residential mortgages, because of the tight supply situation, impacted quarterly earnings for HomeStreet Inc., corporate parent to HomeStreet Bank.

July 2017

Robbins will serve Oregon, too

The statewide trade association for financial institutions in Oregon has named the CEO of Tacoma's Columbia Bank as its chair-elect.

July 2017

Feds make next ST loan advance

The next $88-million in federal loans for light rail projects by Sound Transit has been completed, as the agency builds out the commuter passenger service to Bellevue-Redmond.

June 2017

Kitsap Bank wins marketing plaudits

A local South Sound-based community bank has again earned marketing awards in a Seattle competition.

June 2017

Bank awards 7 scholarships to staff children

A significant employee benefit can include post-secondary education scholarships for the next generation, according to the plan of a local financial institution.

June 2017

Washington financial institutions strong

A robust Washington economy is helping financial institutions located here to report strong performance, and qualify for stellar ratings from a financial analysis firm.

June 2017

Shilo Inn Tacoma refinanced

Strong market demand for South Sound overnight lodging and an operating performance record has facilitated a loan restructuring for one long-established Tacoma hotel.

June 2017

Efforts to benefit women, girls get $80k+

Women (and men) who support local projects focused on increasing financial stability and self-sufficiency for women and girls in Thurston County just completed a funding round.

May 2017

More SBA accolades for banks

Financial institutions that serve small business customers received recognition from the federal government this month as part of the annual Small Business Week celebration.

May 2017
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