5-3-2008
SPECIAL REPORT - BANKING & FINANCE
A round-up of Kitsap Peninsula Banking Institutions and Branch Locations
1st Security Bank of Washington www.1stsecurityofwa.com (800) 683-0973 Poulsbo 19519 7th Avenue NE (360) 779-4488 American Marine Bank Rex Townsend, CEO www.americanmarinebank.com (800) 648-3194 Bainbridge Island 249 Winslow Way East or 208 High School Road Belfair Safeway, 23961 NE State Route 3 Kingston 26563 Lindvog Road NE Poulsbo Central Market: 20148 10th Ave. NE, Suite B Silverdale 10100 Silverdale Way NW...   (Full Article)
5-3-2008
SPECIAL REPORT - BANKING & FINANCE
American Marine Bank to celebrate 60 years
By Lary Coppola
American Marine Bank (AMB) will mark its 60-year anniversary on Sept. 17. All AMB branches will celebrate the week of Sept. 15-20 with cake, prize drawings, and giveaways as a way to say “Thanks” to its loyal customers...   (Full Article)
5-3-2008
SPECIAL REPORT - BANKING & FINANCE
Adjustable Rate Mortgage: What do I do now?
By Carolyn Frame and David Beck
Certified Mortgage Planning Specialists
In March 2004, Federal Reserve Chairman Alan Greenspan was quoted in USA Today as saying that many homeowners could have saved thousands of dollars over the past decade if they had financed their homes with an adjustable-rate mortgage (ARM). Greenspan also stated, “American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage...   (Full Article)
5-3-2008
SPECIAL REPORT - BANKING & FINANCE
Kitsap Credit Union awards scholarships
This year the Kitsap Credit Union’s (KCU) Educational Grants Foundation has awarded six area students with post secondary education grants for the upcoming school year...   (Full Article)
5-3-2008
SPECIAL REPORT - BANKING & FINANCE
Elliot Gregg: Pushing the growth
of Kitsap Credit Union forward
By Rodika Tollefson
Elliot Gregg has been president and CEO of Kitsap Credit Union (KCU) since 2000, seeing the financial cooperative through many changes, including a shift from a federal to a state charter. Gregg feels the change, along with continued growth, has positioned the 74-year-old credit union for the next 75 years...   (Full Article)
5-3-2008
SPECIAL REPORT - BANKING & FINANCE
Poulsbo nonprofit focused
on holistic financial planning
By Rodika Tollefson
When new clients start working with Thomas Deichert, they receive a set of questions they may not expect from a financial adviser — not just questions about their financial assets but about their life goals and dreams. Deichert, a financial adviser with Poulsbo-based Financial Network Investment Corp., uses a methodology that looks at the person’s whole life instead of simply separating the financial side from the rest...   (Full Article)
5-3-2008
SPECIAL REPORT - BANKING & FINANCE
Peterson named to head
troubled Westsound Bank
By Lary Coppola
WSB Financial Group, the parent company of financially troubled Westsound Bank, has named Terry A. Peterson as president and CEO. His first day on the job was April 15. In addition, Peterson will also serve as president and CEO of Westsound Bank and will join the boards of both the bank and WSB Financial Group, Inc...   (Full Article)
5-3-2008
SPECIAL REPORT - BANKING & FINANCE
Foreclosure rescue company must refund
200 Washington consumers
Approximately 200 Washington consumers who paid for a service that they thought would help save their homes from foreclosure will receive partial refunds under a new settlement announced today by the Washington Attorney General’s Office...   (Full Article)
5-3-2008
SPECIAL REPORT - BANKING & FINANCE
Washington Federal announces
increased Q2 earnings
Washington Federal, Inc. parent company of Washington Federal Savings, announced earnings of $35,452,000 or $.40 per diluted share for the quarter ended March 31, compared to $33,483,000 or $.38 per diluted share for the same period a year ago, a 5.9 percent increase...   (Full Article)
5-3-2008
SPECIAL REPORT - BANKING & FINANCE
New program available to help
veterans and their families
Veterans Family Fund Certificates of Deposit
An innovative new program, the Veterans Family Fund draws on the legacy of World War II bonds, but responds to the current situation. Many U.S. veterans face many challenges upon returning from Iraq or Afghanistan. Federal benefit programs don’t cover every need and are not designed to help families. Consider, in World War II there were two injuries for every fatality. In Korea and Vietnam that ratio was three to one. In Iraq, 16 soldiers are wounded for everyone who dies. The bottom-line tally for this global war on terror will continue to increase...   (Full Article)
5-3-2008
SPECIAL REPORT - BANKING & FINANCE
New retirement resource available for seniors
Jason Parker, CSA and Bill Cole, CSA with Sound Retirement Planning in Old Town Silverdale, recently completed a comprehensive course through the Society of Certified Senior Advisors (SCSA) and earned the designation of Certified Senior Advisor...   (Full Article)
5-3-2008
SPECIAL REPORT - BANKING & FINANCE
Investor Resources named in Top 10
most dependable wealth managers
Investor Resources, Inc. has been selected by Goldline Research as one of the ten most dependable wealth managers of the Northwest & Hawaii. The list was published in the March 24 issue of Forbes Magazine...   (Full Article)
5-3-2008
SPECIAL REPORT - BANKING & FINANCE
Deichert selected as Five Star Wealth Manager
Thomas E. Deichert, a financial planner with Poulsbo-based Financial Network Investment Corp., was selected recently as one of Seattle Magazine’s Five Star Wealth Managers. This is Deichert’s second time on the list...   (Full Article)
5-3-2008
SPECIAL REPORT - BANKING & FINANCE
AMB Financial Services Corporation
declares dividend
The Board of Directors of AMB Financial Services Corporation, parent company of Bainbridge Island-based American Marine Bank, paid a Q1 cash dividend of 10 cents per share on April 15, to shareholders of record as of Mar. 31...   (Full Article)
5-3-2008
SPECIAL REPORT - BANKING & FINANCE
New financial advisor at Sound Credit Union
Sound Credit Union recently announced that Paul Stevick has jointed the Credit Union as a financial advisor. He is registered through CUSO Financial Services, L.P. as broker-dealer and holds FINRA licenses which allow him to advise individuals on various financial topics that affect personal or business lives.
5-3-2008
SPECIAL REPORT - BANKING & FINANCE
Venture Financial Group announces dividend
Venture Financial Group, Inc., parent company of Venture Bank, announced that on April 16, its Board of Directors declared a cash dividend of 8.5 cents per share payable May 8, to all shareholders of record as of April 28, 2008. The dividend is the thirty-seventh consecutive quarterly dividend to be paid to shareholders.

Venture Financial Group, Inc. is a bank holding company. Its wholly owned subsidiary, Venture Bank, is a Washington state-chartered bank with 18 financial centers in four western Washington counties, including branches in Gig Harbor, and offers a full spectrum of financial services including commercial, construction, residential and consumer lending, deposit products, and other banking services. Venture Bank also provides a broad range of investment services through its subsidiary Venture Wealth Management, Inc.

For more information, visit www.venture-bank.com.

4-4-2008
SPECIAL REPORT - HEALTHCARE QUARTERLY
MultiCare spa mingles luxury with medicine
By Rodika Tollefson
Clinical procedures like medical treatment massage or microdermabrasion may invoke an image of visiting a comfortable but unmistakably medical looking facility. Not so for visitors to MultiCare’s Healthy Reflections Medical and Day Spa — where clinical procedures are fused with wellness and beauty services in an atmosphere of a resort spa...   (Full Article)
4-4-2008
SPECIAL REPORT - HEALTHCARE QUARTERLY
Preventing pulmonary embolism
By Rodika Tollefson
If you’ve had a surgery recently, you may have had to wear a so-called sequential compression device — a sleeve-like device wrapped around the leg that squeezes it sequentially to mimic the action of walking (so as to move blood through the vein to the heart). The device has been used routinely in surgeries (instead of blood thinners) for about two years to help prevent deep vein thrombosis...   (Full Article)
4-4-2008
SPECIAL REPORT - HEALTHCARE QUARTERLY
Geriatric care physicians more in tune
with seniors’ needs
By Rodika Tollefson
Treating elderly patients may sound like it would entail providing the same routine services, but physicians who work with seniors must usually take a different approach. Not only do patients after age 60 have a different set of medical issues compared to the younger population, they’re also more needy, vulnerable, and have a different comfort level as well as different kinds of situations that may impact their health care...   (Full Article)
4-4-2008
SPECIAL REPORT - HEALTHCARE QUARTERLY
Topics Facing the Health-Care Industry Across the State
A conversation with Dr. Brian Wicks
By Rodika Tollefson
Dr. Brian Wicks, president of The Doctors Clinic, elected last fall as president of the Washington State Medical Association. Wicks is a board-certified orthopedic surgeon who also serves on the medical staff at Harrison Medical Center. He was previously the secretary/treasurer for WSMA, which represents more than 9,000 physicians and other health-care professionals. The role of WSMA president is similar to being the head physician of the state...   (Full Article)
4-4-2008
SPECIAL REPORT - RETIREMENT LIFESTYLES
Retirement Planning in Various Stages of Life
By Poonum Vasishth
We all know retirement is something to actively plan and save toward. Social Security alone isn’t enough, and traditional pension plans that pay lifetime defined benefits are becoming increasingly scarce. Yet the majority of Americans typically don’t know how much to save and don’t save enough. With life expectancies increasing, it’s not uncommon for the retirement years to last upwards of 30 years. So, how do you prepare for retirement and when do you start...   (Full Article)
4-4-2008
SPECIAL REPORT - HEALTHCARE QUARTERLY
Coping with the rising costs
of health insurance
By Rodika Tollefson
In March, Washington’s Employment Security Department said its survey of about 7,300 employers showed the percentage of employers offering health insurance stabilized in 2007, remaining the same for full-time employees and declining by about one percent for part-timers...   (Full Article)
4-4-2008
SPECIAL REPORT - HEALTHCARE QUARTERLY
Harrison leader accepts new operations role
Patty Cochrell, having spent more than 25 years within the Harrison Medical organization, recently took on the newly created position of chief operating officer (COO) and executive vice president in which she oversees Harrison’s operations...   (Full Article)
4-4-2008
SPECIAL REPORT - HEALTHCARE QUARTERLY
Kitsap Cancer Services announces
5th annual Celebrity Golf Benefit
Kitsap Cancer Services will hold it fifth annual Celebrity Golf Benefit for Cancer on Fri., June 13, at Kitsap Golf and Country Club. As many as 15 former professional athletes from the northwest participate in this event along with sponsors and participants...   (Full Article)
4-4-2008
SPECIAL REPORT - HEALTHCARE QUARTERLY
Tezak elected to KMHS board of directors
Jan Tezak has been elected to the Kitsap Mental Health Services board of directors. She received her Bachelor of Science in nursing from the University of North Dakota, and her Master of Nursing degree, specializing in psychosocial nursing, from the University of Washington...   (Full Article)
4-4-2008
SPECIAL REPORT - RETIREMENT LIFESTYLES
Retiring… away from ‘home’
By Rodika Tollefson
Bill Duplain loved living in Kitsap County. In fact, he considered it one of the best places where he’s lived. But when the Poulsbo real estate broker got closer to retirement, he realized he would have to move. And not just away from Kitsap — out of Washington altogether...   (Full Article)
4-4-2008
SPECIAL REPORT - RETIREMENT LIFESTYLES
Smart portfolio moves for
your retirement years
By Jim Thatcher, Edward Jones
For most of your working years, your investment strategy, by and large, has probably revolved around achieving sufficient growth to help you meet your long-term goals, such as college for your kids and a comfortable retirement. But once you have retired, you can’t just sit back and put your investment portfolio on “autopilot...   (Full Article)
4-4-2008
SPECIAL REPORT - RETIREMENT LIFESTYLES
Options for seniors to ‘downsize’ housing
Those looking to simplify their living arrangements as they get older in order to avoid extensive maintenance and yard work, or get rid of chores altogether by leaving the cooking and cleaning to someone else have so many choices in Kitsap County that the options may be difficult to navigate. Then, there are also those who want to maintain an active lifestyle, and those who have medical issues that require extra help...   (Full Article)
4-4-2008
SPECIAL REPORT - RETIREMENT LIFESTYLES
New retirement resource available for seniors
Jason Parker, CSA and Bill Cole, CSA with Sound Retirement Planning in Old Town Silverdale, recently completed a comprehensive course through the Society of Certified Senior Advisors (SCSA) and earned the designation of Certified Senior Advisor...   (Full Article)
4-4-2008
SPECIAL REPORT - HEALTHCARE QUARTERLY
What adult children need to know about
their elderly parents nutritional needs
By Rodika Tollefson
Many people understand that as they get older, good nutrition is key to staying energetic, mentally sharp, and healthy. Yet various factors — from a limited budget to loss of appetite or emotional issues due to changes such as loss of spouse — prevent the elderly from eating right...   (Full Article)
4-4-2008
SPECIAL REPORT - HEALTHCARE QUARTERLY
Public campaign launched
for Gig Harbor hospital
Leaders of a capital campaign for Gig Harbor’s new hospital announced in March the start of the public phase of the initiative to raise a total of $10 million for the project. St. Anthony Hospital, expected to open in Gig Harbor North in 2009, is being built by Franciscan Health Systems and Catholic Health Initiatives. The campaign has raised $7 million during an eight-month “quiet” phase, and the new phase of the campaign will seek to raise the final $3 million from the general public...   (Full Article)
4-4-2008
SPECIAL REPORT - RETIREMENT LIFESTYLES
A variety of living choices
for retired seniors in Kitsap County
By Barbara Pearson, Former director of marketing, Encore Communities
Each month, 800,000 people turn 65, according to a new National Institute on Aging report. This new publication predicts that the pace of global aging will continue well into the 21st century. During the 20th century, the number of persons in the United States under age 65 has tripled. While at the same time, the number aged 65 or over has jumped by a factor of 11! People are retiring at rates not seen in years past. Baby Boomers, now called “Zoomers” are literally zooming into retirement age...   (Full Article)
4-4-2008
SPECIAL REPORT - HEALTHCARE QUARTERLY
Kitsap Mental Health Services’ new program gets state’s highest score
Kitsap Mental Health Services’ new Program for Assertive Community Treatment (PACT) just received the highest rating in the state for new PACT teams. PACT is an evidence-based practice (its success is well supported by research) and is designed to help persons diagnosed with severe and persistent mental illness attain and maintain community tenure. This new team became fully functional on July 1, 2007, as a result of funding provided by the Washington State Mental Health Division (MHD) to start PACT teams across the state...   (Full Article)
4-4-2008
SPECIAL REPORT - HEALTHCARE QUARTERLY
Olympic Family Practice honors
2007 Employee of the Year
Dr. Robert L. Caulkins of Olympic Family Practice recently announced that Paula R. Hinzman, LPN was honored as the Employee of the Year for 2007.

Hinzman and Dr. Caulkins have been working together for over 20 years. She was on the clinical staff of Multicare’s Tacoma Family Medicine where Caulkins did his residency prior to coming to Olympic Family Practice. “Paula is the back-bone of our office,” said Dr. Caulkins. “She brings her humor and wisdom with caring and compassion to our staff and patients, and is an incredible asset to my practice.”

4-4-2008
SPECIAL REPORT - HEALTHCARE QUARTERLY
MultiCare names new medical director
of specialty services
Dr. Claire Spain-Remy has been named medical director of specialty services for MultiCare Medical Associates.

“We are so fortunate to have Dr. Spain-Remy join our team,” said Dr. Smokey Stover, senior vice president of MultiCare Medical Associates. “Her work in the community and her passion for quality patient care are well known throughout the region.” As medical director of specialty services, Spain-Remy will oversee all MultiCare-based physician specialists and specialty operations at all hospital and clinic locations throughout Pierce and south King County.

4-4-2008
SPECIAL REPORT - HEALTHCARE QUARTERLY
Local Navy dermatologist joins the ranks
at Group Health
Group Health’s Silverdale Medical Center recently welcomed the arrival of dermatologist, Dr. Robert Butler.

“We are very excited to have Dr. Butler join us in Silverdale to head up our new dermatology clinic,” said Dave Miller, chief of Group Health’s Silverdale Medical Center. “He has an outstanding reputation, and having him integrated into our team will improve convenience for many of our patients.” He is a board certified dermatologist who received his undergraduate degree from the University of Missouri and went on to attend the Saint Louis University School of Medicine. He then completed an Internal Medicine internship at the Naval Medical Center and shortly after, completed his dermatology residency at the Naval Medical Center in San Diego.

Dr. Butler’s practice is open Mon. through Thurs. For more information, or to make an appointment, call (360) 307-7425.


<< TO SPECIAL REPORT ARCHIVE >>