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Hawaii photographer JOSS next in American Savings Bank’s Artist Series

Courtesy JOSS/American Savings Bank American Savings Bank is featuring photographer JOSS in its Artist Series program, incorporating his photography into the bank’s logo and displaying it at all 57 of the bank’s branches on Oahu, Maui, Kauai, Molokai and the Big Island. Stephanie Silverstein[1] Reporter- Pacific Business News Email[2] | Twitter[3] American Savings Bank[4] is featuring photographer JOSS[5] in its Artist Series program, incorporating his photography into the bank’s logo and displaying it at all 57 of the bank’s branches on Oahu, Maui, Kauai, Molokai and the Big Island. JOSS[6]’s photography is incorporated into the bank’s brand icon, an in-branch design element that uses an architectural treatment of the bank’s kalo leaf logo to frame Hawaii imagery captured by local artists. The first artist to be featured in the bank’s Artist Series program was surf photographer Clark Little[7], who I met at the bank’s Makiki branch[8] for the installment reception. JOSS[9] is a French Canadian who first visited Hawaii with a Canadian paddling crew to race in the Molokai Hoe. American Savings Bank said JOSS[10]’s love for the ocean and athletic knowledge helped to perfect his craft, which led to creating his book “Paddling in Hawaii[11].” The photos in the book — a study of the Hawaiian canoe, paddlers and of the sport itself — are similar to what is featured in the bank’s Brand Icon. JOSS[12]’s photography will be on display at banks through January. Stephanie Silverstein covers tourism, retail and money for Pacific Business News. References^ Stephanie Silverstein (feeds.bizjournals.com)^ Email (feeds.bizjournals.com)^ Twitter (twitter.com)^ American Savings Bank (www.bizjournals.com)^ JOSS (feeds.bizjournals.com)^ JOSS (feeds.bizjournals.com)^ Clark Little (feeds.bizjournals.com)^ I met at the bank’s Makiki branch (www.bizjournals.com)^ JOSS (feeds.bizjournals.com)^ JOSS (feeds.bizjournals.com)^ Paddling in Hawaii (www.joss4.com)^ JOSS (feeds.bizjournals.com)...
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U.S. Senate confirms Metsger for credit union post

Matthew Kish [1] Staff reporter- Portland Business Journal Email[2] | Twitter[3] | Google+[4] The U.S. Senate has confirmed former Oregon lawmaker Rick Metsger[5] for one of three spots on the National Credit Union Administration[6] board. President Barack Obama[7] nominated him for the position[8] in May. "Rick Metsger[9] is an excellent pick for our National Credit Union Association Board, with a deep knowledge of the issues faced by credit unions large and small," said Oregon U.S. Sen. Jeff Merkley[10], in a news release. "I know Rick will do a great job representing Oregon values in his new position.” Metsger, a Democrat, served in the Oregon Senate from 1999-2011. He ran unsuccessfully for Oregon Secretary of State in 2008. He is president of Parakletos Strategic Public Affairs LLC. Metsger has also worked as a consultant for the Northwest Credit Union Association[11]. Matthew Kish covers banking, finance, footwear/apparel and higher education. References^ Matthew Kish (feeds.bizjournals.com)^ Email (feeds.bizjournals.com)^ Twitter (twitter.com)^ Google+ (plus.google.com)^ Rick Metsger (feeds.bizjournals.com)^ National Credit Union Administration (www.bizjournals.com)^ Barack Obama (feeds.bizjournals.com)^ nominated him for the position (www.bizjournals.com)^ Rick Metsger (feeds.bizjournals.com)^ Jeff Merkley (feeds.bizjournals.com)^ Northwest Credit Union Association (pubads.g.doubleclick.net)...
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DIA sells $720M in revenue bonds for project funding

Thinkstock Denver International Airport. Cathy Proctor[1] Reporter- Denver Business Journal Email[2] | Facebook[3] | Twitter[4] Denver International Airport[5] has sold $720 million worth of revenue bonds at a 4.94 percent interest rate. The bulk of the money from the Airport System Subordinate Revenue Bonds, about $608 million, will help pay for the airport’s six-year capital improvement plan including elements of the South Terminal project, a new parking garage, extending Concourse C to add five gates, and other projects, the airport said Wednesday. The sale is DIA’s first for subordinate bonds, which are considered junior to the airport's existing senior liens. Due to their second-in-line position to receive payments in case of defaults, subordinate debt is considered riskier and therefore carries a higher interest rate compared to senior debts. DIA said its new subordinate bonds, called the 2013A-B Bonds, were rated A2, A and A by the three major credit rating services Moody’s, Standard & Poor’s and Fitch, one notch below the airport’s senior lien bonds. DIA has $3.897 billion worth of outstanding senior bonds, according to city officials. “The strong acceptance of DIA bonds issued under the new lien demonstrates the market’s view of Denver International Airport as a financially strong airport,” said Patrick Heck[6], DIA’s CFO. Airport and city officials called the sale a success and credited DIA’s management and fiscal planning and execution. “The positive response to this sale illustrates that it is one of the most financially sound airports in the world and expands on a critical fact that Denver is a great place to do business,” said Mayor Michael Hancock[7]. Citi Group was the lead underwriter for the transaction, which involved six investment bands and drew demand from more than 80 investors, the airport said. Cathy Proctor covers energy, the environment, transportation and construction for the…
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HomeStreet acquires two banks: Fortune and Yakima

Erin Van Bronkhorst[1] Associate Editor- Puget Sound Business Journal Email[2] | Twitter[3] HomeStreet Bank[4] said Friday it is acquiring Fortune Bank[5], of Seattle, for about $27 million and Yakima National Bank, of Yakima, for about $10.3 million. The Seattle-based bank, owned by HomeStreet Inc. (NASDAQ: HMST), said the transactions have been approved by the boards of all three banks. They still need regulatory approval as well as approval of Fortune and Yakima banks' shareholders. The Yakima bank is owned by YNB Financial Services Corp. Both transactions are expected to close in the fourth quarter of 2013. In Seattle, HomeStreet recently decided to turn the tables and start financing condo projects again[6], with several deals in the works. Developers have said this kind of financing has been difficult to find in recent years. HomeStreet CEO and President Mark Mason[7] said the bank is excited about the purchase of both banks. "We admire their approach to community banking and we share their commitment to community service and a desire to provide great service and real value to their customers," he said. HomeStreet will also acquire two teams of community bankers as well as executives David Straus[8], CEO of Fortune Bank, and Jeff Newgard[9], CEO of Yakima National Bank, Mason said. He said he expects both transactions to add to earnings per share in the first year. Fortune Bank operates two branches in Seattle and Bellevue with total assets of approximately $142 million, loans of $103 million and deposits of $121 million as of June 30, HomeStreet said. Yakima National Bank currently operates four branches in Yakima, Selah, Sunnyside and Kennewick. Total assets were approximately $125 million, loans were $94 million and deposits totaled $114 million as of June 30, HomeStreet said. References^ Erin Van Bronkhorst (feeds.bizjournals.com)^ Email (feeds.bizjournals.com)^ Twitter (twitter.com)^ HomeStreet Bank…
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TriState posts 2Q earnings of $3.9M

Joe Wojcik TriState Capital Bank CEO Jim Getz. Patty Tascarella[1] Senior Reporter- Pittsburgh Business Times Email[2] | Twitter[3] | Google+[4] | LinkedIn[5] TriState Capital Holdings[6], the Pittsburgh-based business bank that went public two months ago, reported[7] second-quarter net income of $3.9 million, or 15 cents per share, compared to $3 million, or 15 cents per share. TriState (Nasdaq:TSC) released financials Wednesday after the market closed. It began trading publicly May 9, raising $75.38 million in its initial offering. “We are pleased with our second-quarter results and believe they demonstrate the strength of our banking franchise,” Chairman and CEO James Getz[8] said in a prepared statement. “Our commitment to our middle market commercial and private banking clients, our focus on our unique business model and our risk management discipline enabled us to continue driving steady organic growth in lending, deposit gathering, revenue and earnings in the second quarter.” Launched in early 2007, TriState is Pittsburgh’s 10th largest bank by deposits. It ended Wednesday trading at $12.89 per share, up 0.47 percent. Patty Tascarella covers accounting, banking, finance, legal, marketing and advertising and foundations. Contact her at This email address is being protected from spambots. You need JavaScript enabled to view it.[9] or 412-208-3832. . References^ Patty Tascarella (feeds.bizjournals.com)^ Email (feeds.bizjournals.com)^ Twitter (twitter.com)^ Google+ (plus.google.com)^ LinkedIn (www.linkedin.com)^ TriState Capital Holdings (www.bizjournals.com)^ reported (www.bizjournals.com)^ James Getz (feeds.bizjournals.com)^ This email address is being protected from spambots. You need JavaScript enabled to view it. (feeds.bizjournals.com)...
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40 Under 40 — Shari Male

2005 File Photo Shari Male Staff Wichita Business Journal Note: This content was originally published in print in 2005. It appears on the web for the first time today, leading up to the 2013 40 Under 40 awards. [1] Living in a small town allows Male to get involved in the community BY JESSICA LINDSEY Prairie State Bank[2] President and CEO Shari Male[3] is passionate about her customers and employees. Male, 38, took over the bank in 2003 after serving on the board of directors when it was under the direction of her father, Newton Male[4]. Shari Male[5] went to college in Texas and took a job with IBM[6] directly out of school. She moved to Dallas and worked her way up in the company, eventually becoming a senior manager. When her father died, Male moved back to Kansas and became more involved with the bank her father had run since 1960. “I literally grew up in the bank,” says Male. “I really loved the organization. But I wanted to be successful on my own terms, on my own right, without my father, and I had proved to myself that I could be.” Male learned by watching her parents’ lives — and through her father’s death — that working to help other people makes it more than a job. “I try to instill that in all of our employees,” says Male. “Helping make customers successful helps our community be successful and makes them successful, whether it means spending more time with family or getting to a management level or having less stress on the job, whatever defines success.” Mary Faulkner, vice president of human resources for the bank, says Male has made it clear what her priorities are and customers and employees recognize and respect that. References^ Wichita 40 Under…
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