Puget Sound Business Journal reported in their February 19 "People on the Move" column that Cheryl Gunderson has joined Fortune Bank as senior vice president, Bellevue.

City Bank announces a quarterly loss of $37 million for fourth quarter and a total of $104.6 million for the year.

The Seattle Times reported Frontier Financial's quarterly losses of $33.9 million in their January 29, 2010 issue.

With dozens of Northwest banks left with a mass of delinquent and foreclosed properties after the collapse of the housing bubble, City Bank of Lynnwood is taking an innovative approach.

SEATTLE, WA (January 28, 2010) – Fortune Bank has hired Cheryl Gunderson as Senior Vice President, Bellevue. She was most recently a SVP and manager at Frontier Bank in Redmond and also worked for Wells Fargo, Seafirst and Pacific Northwest Bank during a 30 year banking career.

The recent purchase of the assets of Horizon Bank resulted in a lengthy interview in the January 15 issue of the Puget Sound Business Journal.

Washington Federal, Inc. (NASDAQ-WFSL), parent company of Washington Federal, today announced its acquisition of certain assets and liabilities, including most of the loans and deposits, of Horizon Bank, headquartered in Bellingham Washington. As of September 30, 2009, Horizon reported total assets of $1.3 billion and total deposits of $1.2 billion. Horizon Bank operated 18 full-service offices, four commercial loan centers and four real estate loan centers throughout Whatcom, Skagit, Snohomish and Pierce Counties in Washington.

Fortune Bank President Interviewed In Washington Manufacturing Alert 2010 Preview Issue.

David Straus, President and CEO of Fortune Bank, said bank customers who avoided becoming highly leveraged during the recent economic downturn will fare well with their banks in 2010 and will be able to take advantage of depressed real estate prices to buy the buildings they occupy.

Conrad Hanson, 67, Chairman, President and CEO of City Bank in Lynnwood, said today that he is stepping away from day-to-day activities of the Bank and will retire as President and CEO at the end of 2009.  He will continue to serve as Chairman of the Board of Directors until the Bank's annual shareholders’ meeting in May 2010.

Megan Clubb, president and CEO of Baker Boyer Bank,  was one of 16 women honored at the 2009 Women of Influence Awards banquet in Bellevue November 19.  Clubb was the only honoree from outside the Puget Sound region. The annual event  raised over $5,000  for a college scholarship for a woman student. 

Walla Walla Union Bulletin reports on Baker Boyer Bank CEO Megan Clubb receiving the 2009 Women of Influence Award.

Megan Clubb, Baker Boyer’s president and CEO, was among the Washington state business leaders who traveled with Gov. Chris Gregoire to Washington, D.C., last week to meet with White House officials.

George Brace was hired by Fortune Bank, Bellevue, as senior vice president.

Follow Boyd on Twitter at boydvhpr.  You can also reach him thorough LinkedIn (http://www.linkedin.com) and on Facebook (http://www.facebook.com).

Check out VHPR client Green River Community College’s website at http://www.greenriver.edu/. It’s filled with easy to use elements to keep the campus community “In the Know.” A “Campus News” section provides brief updates on all that is happening around campus. A frequently updated calendar lists events and students can add an event to their calendar through a link provided to FaceBook, Yahoo, Google or Microsoft Outlook. If an issue needs special attention, such as H1N1 (Swine) flu, it gets its own link. A revolving photo section also captures the visual side of campus life.

Baker Boyer Bank's new online newsletter, "Let's Talk," shares stories of how Baker Boyer has helped people during tough economic times. Not only recently, but as far back as the 1930's when they operated "out the back door." This committment to customers is reflected even today, and they were ranked 87th out of thousands of community banks across the country by U.S. Banker magazine, as well as the #15 best place to work in Washington by Seattle Business magazine. The newsletter also invites customers and community members to join in the celebration of Baker Boyer's 140th anniversary on September 23. To read the full newsletter, click on the link below.

http://archives.subscribermail.com/msg/d24048f7a4b84d75a3e7f53c33025f7a.htm