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New military discount at Helpline Thrift Store |
The South Kitsap Helpline Thrift Store is offering a special military discount every Thursday, that’s good for active, retired and military dependents.
ID is always required each time in order to receive the discount, which can range anywhere from 25 percent to 50 percent off of purchases... (Full Article) |
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Credit union opens at Bremerton High |
| A Mar. 6 grand opening is planned for Kitsap Community Federal Credit Union’s (KCFCU) Student Financial Center at Bremerton High School. The public/private partnership was born more than a year ago when officials at the high school contacted the Credit Union... (Full Article) |
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Stock buy-back, dividend payment
announced at Pacific NW Bank |
| In January, the Pacific Northwest Bancorp board of directors authorized the purchase of up to five percent of its outstanding shares of common stock in the open market over the next 12 months... (Full Article) |
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Politakis promoted at Kitsap Bank |
| Steve Politakis has been promoted to Executive Vice-President and Chief Credit Officer of Kitsap Bank and its holding company Olympic Bancorp... (Full Article) |
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Kitsap Bank earns Bauer’s 5-star rating |
Bauer Financial, Inc., the nation’s leading independent bank research firm, announced Kitsap Bank earned its 19th consecutive 5-star Superior Rating.
“Kitsap Bank’s achievement represents the best in banking,” said Bauer President Karen L. Dorway. “With all the uncertainty consumers face in today’s financial environment, it’s a pleasure to feature Kitsap Bank on our Recommended Bank & Thrift Report and recognize the values and security it represents.” |
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Employers should double check L&I decisions
Scrutinizing Department of Labor & Industry Notice of Decision orders may reduce your premium rates. |
| Medical cost and indemnity or time loss benefits the state Department of Labor & Industries (L&I) pays to injured workers directly impact employers’ premium rates. While employers usually have little say on how much L&I pays out to injured workers, there are some thing employers can do when time loss benefits are calculated to minimize the costs of the claim and the subsequent affect on premium rates... (Full Article) |
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Free yourself from taxes
By Danny Brown |
Did you know?
A person in the highest federal, state and local tax brackets in New York City loses almost one-half of his investment yield to taxes... (Full Article) |
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Record earnings for Kitsap Bank |
| Kitsap Bank achieved record earnings for the fourth quarter and for the year ending Dec. 31, 2002. Record earnings of $2.5 million were achieved for the quarter. Earnings for the year were a record $9.8 million, compared to $8.5 million for 2001. This was a 15 percent increase over the prior year’s earnings... (Full Article) |
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Washington Fed reports
record quarterly earnings |
| Washington Federal, Inc. parent company of Washington Federal Savings, posted record earnings of $37,118,000 or 58 cents per diluted share for the quarter ended Dec. 31, 2002, compared to $35,385,000 or 55 cents per diluted share for the same period one year ago. That’s a 5-percent per share increase... (Full Article) |
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Referendum 53 ruled constitutional, rejected |
In a victory for small businesses, the Washington Supreme Court ruled that Referendum 53 is constitutional and that the election results had to be counted.
Referendum 53 was the Building Industry Association of Washington’s... (Full Article) |
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Frontier Bank offers free
|‘Economic Forecast 2003’ |
Frontier Bank has scheduled its popular annual Economic Forecasts for February.
Kitsap County branches will host the area’s second Economic Forecast., Thursday, Feb. 27, at the West Coast Silverdale Hotel. The program will begin at 7:30 a.m.
The fourth annual Economic Forecast to be held in Pierce County will take place on Thursday, February 20, from 7:30 a.m.until 9:30 a.m. at the Best Western Park Plaza in Puyallup... (Full Article) |
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Nelson honored by Dain Rauscher |
| David Nelson, local RBC Dain Rauscher financial consultant, recently was named a winner in the firm’s 2002 Summit Award, which is given to new financial consultants who represent the best of the firm’s new trainees. |
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Frontier Financial pays dividend |
| Frontier Financial Corporation has declared a 16.5-cents-per-share, first quarter dividend to shareowners of record as of Jan. 6.Bob Dickson, Frontier Financial president and CEO, said that represents a 13.8 percent increase over the first quarter of 2002 and is the 13th consecutive quarter in which the cash dividend has increased. Frontier paid a dividend of 16 cents per share to shareowners in the fourth quarter of 2002. |
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Protect your financial
records from stormy weather
By Bim Prince |
| A hurricane or tornado is headed your way. What should you do? Obviously, you and your family need to head for safety. What should you take with you? There are many possibilities, but you should give strong consideration to protecting your financial records. If they get lost or destroyed, it could mean countless headaches for you... (Full Article) |
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All you need to do is just stay invested
By Mike Bentz, Waddell & Reed |
| It’s easy to get swayed by momentum in the markets, or by what is popular at a given time. For long-term results, it is important to stay invested and keep your money working for you... (Full Article) |
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National writer to speak
at Edward Jones program |
| Edward Jones investment representatives in the Kitsap area will host a free program on Tuesday, Jan. 21 at 10:30 a.m., 3:30 p.m. and 5:30 p.m. featuring Time magazine political writer Hugh Sidey. During the live broadcast program, Sidey and Edward Jones financial experts will discuss their outlook on the nation, economy and financial markets in 2003... (Full Article) |
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Nelson honored by Dain Rauscher |
David Nelson, local RBC Dain Rauscher financial consultant, recently was named a winner in the firm’s 2002 Summit Award, which is given to new financial consultants who represent the best of the firm’s new trainees.
RBC Dain Rauscher financial consultants assist clients in selecting appropriate investments including stocks, taxable and tax-exempt bonds, options and mutual funds. |
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PASSAGES
James (Jim) Randolph Hall |
| Jim Hall, 74, of Port Orchard, died peacefully at his home on Nov. 23, after a courageous battle with lung cancer. His family was with him at the time of his death... (Full Article) |
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Shelton promoted to regional manager
at Frontier Bank |
| Long-time banker Jon Shelton has been promoted to Senior Vice President and Manager of Frontier Bank’s Western Region. Shelton has over 28 years of banking experience, and has been Vice President and Manager of Frontier’s Port Townsend Office for the past five years... (Full Article) |
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Employer’s obligations to military reservists |
| In the aftermath of Sept. 11, as well as the possibility of war with Iraq, many military reservists have been and continue to be mobilized. Federal and state laws guarantee reservists that their jobs will be held, and they will not be denied promotion or any other benefit of employment because of their membership or service in the military... (Full Article) |
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The Gov’s on the Right Track with the POG
By Don C. Brunell, President
Association of Washington Business |
| Governor Locke is on the right track. Realizing that our state’s budget deficit is growing and Washington’s anemic economy won’t be able to pour enough money into the treasury to support “government as usual,” Gov. Locke assembled a group of the state’s business leaders, agency heads, and budget experts to find ways to reduce costs, eliminate non-essential services, and prioritize spending... (Full Article) |
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PNWB acquires Bank of the Northwest |
| Pacific Northwest Bancorp issued 1,749,882 shares of PNWB stock and paid $25,820,595 in cash for all outstanding Bank of the Northwest shares. The per-share merger consideration to be paid to Northwest shareholders is $21.08... (Full Article) |
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Diversification can be a life saver
By Bill Richardson |
| Edward Noble was on of those people who understood that variety is the spice of life. In 1913, he approached Clarence Crane, the inventor of the peppermint Life Saver, with the idea of producing the candy in a variety of flavors. Crane didn’t want any part of this plan, so he sold Noble all rights to the candy for $2,900... (Full Article) |
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McEwen joins Edward Jones in Port Orchard |
Phil McEwen, joins Edward Jones investment representative Ron Rada as a second investment representative, at Rada’s Port Orchard office.
McEwen will work out of Rada’s office over the next year, then will open a fourth Edward Jones office in Port Orchard and continue serving investors throughout the area. McEwen, a native of Seattle, worked for Harris Direct before joining Edward Jones. |
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PNWB to pay dividend
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| The Board of Directors of Pacific Northwest Bancorp have announced that a cash dividend of 14 cents per share will be paid on Jan. 10, 2003, to shareholders of record as of Dec. 16. Pacific Northwest Bancorp has consistently paid cash dividends since going public in July of 1991. |
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Impact the future this holiday season
By Mike Bentz
Waddell & Reed |
| As the crop of new toys and games hit the stores this holiday season, remember that there is one gift idea that never goes out of style or loses its long-term appeal: helping someone attain high education... (Full Article) |
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BIAW prevails over L&I in Wal-Mart
ergonomics exemption lawsuit |
| In yet another legal victory over the Department of Labor & Industries (L&I), Thurston County Superior Court Judge Paula Casey ruled in favor of the Building Industry Association of Washington (BIAW), holding the Washington State Department of Labor & Industries violated the state Public Records Act (PRA) by refusing to make available public records requested by BIAW earlier this year. Casey ordered L&I to turn over all the requested documents... (Full Article) |
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Don’t let volatility keep you out of the market
By Jeff Thompson |
| If you invest in stocks, you may have had a bumpy ride over the past year or so. In fact, the numbers haven’t been real pretty. Let’s take a look at them... (Full Article) |
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Frontier Bank buying back stock |
| The Board of Directors of Frontier Financial Corporation (Nasdaq: FTBK) headquartered in Everett., announced adoption of a third stock repurchase program authorizing Frontier to repurchase an additional 5 percent of its outstanding stock over the next two years... (Full Article) |
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Pacific NW Bank announces earnings |
| Pacific Northwest Bancorp (Nasdaq: PNWB) has record quarterly earnings of $8 million or 51 cents per diluted share for the third quarter of 2002. This was a 31-percent increase compared to $6.1 million or 39 cents per diluted share for the same quarter last year... (Full Article) |
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Washington Fed announces
27 percent earnings increase |
| Washington Federal, Inc. (NASDAQ – WFSL), parent company of Washington Federal Savings, announced annual earnings of $144 million, or $2.25 per diluted share compared to $113.6 million or $1.77 per diluted share for the prior year — a 27-percent per share increase... (Full Article) |
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New Silverdale Chamber lunch policy |
| The Silverdale Chamber of Commerce has adopted a new policy for luncheon reservations... (Full Article) |
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Save Now! Your retirement clock is ticking
By Pam Piper |
Most individuals know they need to save for retirement, but often they aren’t sure where to begin.
“How much do I need to save each year?” “Can I maintain my current standard of living?” “When can I afford to retire?” All these are common questions that need to be answered in developing a retirement plan. Ask yourself and answer the following... (Full Article) |
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