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Borders wins Seniorized Seal of Approval Award |
| Borders bookstores have been awarded the Seniorized Seal of Approval Award for “senior friendly” retail excellence. The award plaque from Gary Onks, President of Sold On Seniors, Inc. was sent to Gregory Josefowicz, President of Borders, Inc., in their corporate offices located in Ann Arbor, Michigan... (Full Article) |
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Kitsap Bank’s earnings increase 47 percent |
| It was a proud Jim Carmichael, president of Kitsap Bank, that announced the Port Orchard based institution had achieved record earnings for the year 2001... (Full Article) |
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It’s tax time again
A simple idea for making things easier on yourself
By Pam Piper |
| With all the Palm Pilots, laptops, desktops and every other gadget in this high-tech world, do you know what you may find most useful as you get ready for filing your taxes? The humble manila folder... (Full Article) |
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Rasmussen joins Pacific Northwest |
| Gail Rasmussen recently joined Pacific Northwest Bank as vice-president and senior relationship officer for the bank’s Puget Sound region. She will be responsible for establishing and maintaining business client relationships in Kitsap, King and Pierce counties. In addition, she will oversee small business development activities... (Full Article) |
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Dick Brandenburg calls it a career
Retiring Port of Bremerton executive director leaves Port in better shape than he found it with a reputation for being business-friendly and poised for growth |
| Executive Director of the Port of Bremerton, Dick Brandenburg, has decided to call it a career. After five years at the Port, he retired on Dec. 31... (Full Article) |
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Harvey named chairman at First Federal |
| First Federal Savings and Loan Association of Port Angeles, which recently opened a loan office in Poulsbo, announced that former President and CEO James M. Harvey has been appointed Chairman of the Board... (Full Article) |
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George Will featured by Edward Jones |
| Jim Thatcher and David Ormerod of the financial services firm of Edward Jones will host “What’s Next for America?” a provocative satellite broadcast that will feature columnist and Pulitzer Prize-winning author George F. Will... (Full Article) |
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Kitsap Bank rated number one by SBA |
| According to the US Small Business Administration’s (SBA) September 30, 2001 fiscal year end report, Port Orchard-based Kitsap Bank has been ranked among the top 100 SBA Lenders in the nation It is also Washington State’s number one ranked community bank for SBA dollar approvals... (Full Article) |
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Tax changes that matter to you
By Ron Rada |
| Income tax rate cuts and rebate checks are just the beginning. The Tax Act of 2001 includes provisions that could impact many aspects of your financial security, from college savings to retirement planning and estate planning... (Full Article) |
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Rada earns AAMS professional designation |
| Ron Rada, an investment representative with one of the two Port Orchard offices of Edward Jones, recently earned the Accredited Asset Management Specialist (AAMS) professional designation... (Full Article) |
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Remind employees of company storm policy |
| It’s never too early to remind employees about your company’s winter storm policies. Review the procedures to follow when snow falls or ice begins to form... (Full Article) |
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Value investing back in favor
By Don Soderquist, Branch Manager - Waddell & Reed Inc. |
| Everyone understands the value of a good deal. If you search for high quality at a reasonable price, value investing may have a place in your investment portfolio. As some overvalued sectors of the current stock market have recently deflated, value investing has come back in favor among many investors... (Full Article) |
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IRS announces 2002 mileage rates |
| The Internal Revenue Service has announced the optional standard mileage rates to use for 2002 in computing the deductible costs of operating an automobile for business, charitable, medical or moving expense purposes... (Full Article) |
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Pair promoted at KCFCU |
| Carolyn Young has been named as the new Vice President of Operational Services at Kitsap Community Federal Credit Union (KCFCU), while Lynn Benson has been named manager of the Westpark branch... (Full Article) |
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Keep long term-perspective in times of crisis
By Glenn Anderson |
| The tragic events at the World Trade Center, the Pentagon and in Pennsylvania shocked the nation and the world. As an individual, you no doubt felt appalled and deeply saddened. But as an investor, you also have to deal with the “aftershock” — specifically, the impact such a horrific event has on the world’s financial markets... (Full Article) |
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$1 million donated to WTC Disaster relief by Edward Jones
Firm matches associates contributions |
| In an effort to aid Americans directly impacted by the Sept. 11 attack on the United States, the financial services firm of Edward Jones, has announced a $1 million donation to aid the victims of the tragedy... (Full Article) |
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Bremerton CPA firm relocates to Hearthstone |
| The public accounting firm of Hunt, White & Hurley, PS recently moved its office to the newly renovated Hearthstone Center located at 4312 Kitsap Way, in Bremerton... (Full Article) |
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Frontier Bank announces stock repurchase plan |
| Frontier Financial Corporation, the holding company which owns Everett-based Frontier Bank, recently announced the adoption of a stock repurchase program authorizing Frontier to repurchase up to 5 percent of it’s outstanding stock over the next two years... (Full Article) |
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Retirement planning program offered |
The Society of Financial Service Professionals will present a video teleconference, “The New Retirement Paradigm: Planning for Longevity,” on Thursday, Nov. 15th from 7:30 to 10:30 a.m. at Olympic College.
The event will focus on retirement asset management. The cost is $70 for members and $80 for non-members. Continuing Education credit is available.
For information, call (360) 692-0186. |
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Dain Rauscher offers investment seminar |
Dain Rauscher in Silverdale will host a free investment seminar entitled “Your IRA: Leave it to your kids, NOT the IRS!. It will cover changes in retirement contribution rules and is open to the public. It will be held twice on Wednesday, Oct. 17, from 8 to 9 a.m. and noon to 1 p.m., at the Kitsap Golf & Country Club, 3885 N.W. Golf Club Hill Road.
Hosted by Laryssa Freeman, the seminar addresses how the new Required Minimum Distribution (RMD) rules and tax laws can affect an individual’s investments. The featured speaker is Jim McDonald, a regional consultant in Retirement Services at Dain Rauscher.
To register for the seminar, call Freeman at (360) 308-5462 or (800) 627-3246. |
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Thatcher meets with money managers |
Jim Thatcher, of the Bremerton office of Edward Jones, was one of only 51 Jones brokers nationwide invited to travel to St. Louis to meet with representatives from Federated Funds.
The Business Development Workshop brought together investment representatives who have achieved a certain level of success in the financial-services business to discuss investment management with the portfolio manager and analysts of one of the largest money managers in the United States. |
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SBC to acquire remaining Prodigy shares |
The Texas-based telecom group that owns Pacific Bell and Ameritech, SBC Communications, has announced it will acquire the 58 per cent of shares in Prodigy, the internet service provider, that it does not already own.
SBC will offer a 54 per cent premium that would value the deal at $222 million, and the company at $381 million.
Prodigy, originally a joint venture of AT&T and Sears, was one of the very first online services and at one-time AOL’s major competitor. It now only offers dial-up internet connections as well as DSL subscriptions. Last year it posted an operating loss of $315 million and a net loss of $209 million on revenues of $376 million. |
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A simple plan may be the best
By Jeff Thomsen |
| The national unemployment rate stands at 4.5 percent. Consequently, good workers can “pick and choose” the best opportunities. This means that recruiting and retaining high-quality employees has become a significant challenge... (Full Article) |
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Help warding off credit fraud |
| Actors Kevin Kostner and Martin Sheen aren’t the only ones who’ve been helped by the Fraud Victim Assistance Department (FVAD) of TransUnion LLC, a leading provider of credit and financial data... (Full Article) |
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Viking Financial Services forms risk management arm |
| To meet the varied financial needs of its customers, Viking Financial Services Corp., the holding company that owns Viking Community Bank, has formed a partnership with two insurance agencies, The Health Insurance Exchange and R.B. Craven Insurance... (Full Article) |
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Bremerton Rotary donates $2,500 to KMHS |
| The Bremerton Rotary Club recently donated $2,500 to Kitsap Mental Health Services (KMHS) to help build a family waiting room and other safety enhancements at its Adolescent Treatment Unit (ATU)... (Full Article) |
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Court says FMLA may cover absence due to the flu
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| The Fourth Circuit Court of Appeals recently ruled that the flu was a “serious health condition” warranting Family Medical Leave Act (FMLA) protection. In that case, the employee was diagnosed with the flu, severe dehydration and a low white blood cell and platelet count... (Full Article) |
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Corin earns professional designation |
Shannon Corin, a payroll clerk with General Construction in Poulsbo, has earned the Certified Payroll Professional (CPP) designation bestowed by the American Payroll Association.
The award is earned after rigorous class work and passing an four hour examination. There are more than 6,400 CPPs nationwide. |
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Kitsap Regional Library an untapped business resource
By Betsy Model |
| Perhaps now more than ever, the term “knowledge is power” can mean the difference between sales growth and profits versus losses and layoffs for business owners and company managers... (Full Article) |
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Giving to charity benefits everyone
By Pam Piper |
| If, like many people, you provide financial support to at least one civic, religious or educational institution, you may have often wished that you could give more. if you could afford it... (Full Article) |
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Joint Microsoft, NBC financial Web site finally launched |
| Microsoft Corp. and NBC have officially merged their financial Web sites, MoneyCentral.com and CNBC.com, about two months after announcing the partnership... (Full Article) |
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Rauch joins Twiss as intern |
| Poulsbo’s Twiss Analytical, Inc., has hired Nancy Jo Rauch, a North Mason High School science instructor and chemistry teacher, to work as a summer intern. Working in partnership with West Sound Consortium, the firm is providing Rauch with a real world work experience for the summer... (Full Article) |
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Allen earns graduate certificate |
Brad Allen, a registered investment advisor representative with Washington Square Securities, recently earned a graduate certificate in personal financial planning from City University. The certificate is awarded upon successful completion of eight graduate courses focusing on specific financial planning disciplines.
Allen offers financial planning services, investment planning and advice, and insurance planning in affiliation with Applied Financial Strategies in Silverdale. He also provides home mortgages for purchase or refinance as an originator with the Silverdale branch of Horizon Mortgage & Investment Company. |
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The Coffeehouse Investor
You better get out, because I’m getting in
By Bill Schultheis |
| Last week I was offered this glib investment advice from a retiring real-estate developer who is getting ready to diversify a part of his holdings into common stocks... (Full Article) |
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Take advantage of new tax incentives
By Todd Tidball |
| You may be aware that if you filed a 2000 tax return this past April, the federal government late this summer will send you a rebate check equivalent to five percent of your 2000 taxable income, up to $300 for an individual and $600 for a couple filing jointly... (Full Article) |
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