President's Message

National Updates

Agencies Release List of Areas Eligible for CRA Credit: Several federal agencies released the list of area that will be eligible for CRA credit this year. 

NCUA Finalizes New Round of Loosened Credit Union Membership Limits: The NCUA issued the final rule at the end of June, which loosens the field-of-membership limitations on federal credit unions.

Bank Economists: Growth to Reach 2.8 Percent in 2018: The ABA’s Economic Advisory Committee said at the end of June that it expects economic growth to hit 2.8 percent in 2018.

 

Bank News

Olympia Federal Savings, Pacific Crest Savings Named Two of 100 Best Companies to Work For

American Banker Op-Ed: Banklike Credit Unions Should Follow Bank Rules

Seth Anderson Joins Peoples Investments

Secretary of State Warns of Business Registration Renewal Scam

Heritage Bank’s Richmond Beach Branch Employee Retires

Cashmere Valley Banker Retires

JPMorgan Chase Purchases Building in Ballard

Kirkland JPMorgan Chase Branch Celebrates Reopening

Heritage Financial Announces CEO Succession Plan

 

Members in the Community

Finally, a chance for us to shine a spotlight on the many contributions our members are making in their community:

First Federal Sponsored Sailing Team Wins Race to Alaska

First Financial Northwest Bank Collects Items for Military Care Packages

Wells Fargo Donates to South Seattle, Rainier Valley Nonprofits

Northwest Asian Weekly Interviews Carol Nelson

Kitsap Bank Announces 2018 Scholarship Winners

Sound Community Bank EVP/COO Volunteers with Financial Beginnings

 

WBA News

It’s not too early to plan to join us for the Pacific Northwest Capitol Hill Visit in Washington D.C. September 24-26. If you are unable to join us, please consider sending a member of your team. This year’s trip includes visits with the various regulatory and federal agencies, and meetings with our Congressional delegation. If you are interested in attending this year and would like more information, please contact Megan Managan at megan@wabankers.com.

Registration is also open for our upcoming fall conferences, including the Northwest Compliance Conference, FDIC Directors’ College, Women in Banking Conference, Emerging Leaders Conference, and the Pacific Northwest Bank Leadership Symposium, as well as the Commercial Lending Development Program and Retail Branch Manager Development Program.

Registration is now also open for the 2019 Executive Development Program. This class sells out quickly, so make sure to reserve your spot early.

If you have news or events to share, please do not hesitate in contacting our office.

-Glen


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