Auburn Business Briefs | August 2

• Valley Community Bancshares, Inc., the parent of Valley Bank, reported record operating earnings for the six-month period ended June 30. For the period, earnings increased 29 percent to $1,242,000, or $1.08 per diluted share compared to $961,000 or $0.83 per diluted share during the same period a year ago. Assets at June 30, 2008 totaled $205 million.

Business briefs

• Valley Community Bancshares, Inc., the parent of Valley Bank, reported record operating earnings for the six-month period ended June 30. For the period, earnings increased 29 percent to $1,242,000, or $1.08 per diluted share compared to $961,000 or $0.83 per diluted share during the same period a year ago. Assets at June 30, 2008 totaled $205 million.

“In a turbulent period in banking, we are pleased to report record profits, and continued excellent credit quality,” stated David Brown, president and CEO. “By all regulatory standards, the Bank remains in a very strong capital position.”

Valley Bank serves the South King and Eastern Pierce County region with eight full-service banking facilities and a drive-up facility.

• Top Food & Drug stores and their customers recently combined to donate more than $150,000 to a pair of nonprofit organizations in the state. The Greater Washington Chapter of the National Multiple Sclerosis Society is receiving $92,619.

The money came from Top Food employees who participated in the annual MS Walk, customer donations and corporate matches.

The donations pay for chapter programs for Washington residents with MS and their families, as well as for research into new treatments and a cure. For more information, www.nationalmssociety.org/was.

Haggen Inc. also is donating $57,740 to Children’s Hospital & Regional Medical Center in Seattle.

– Reporter news sources

More in Business

COURTESY PHOTO, PSE
King County Housing Authority receives PSE grant for solar panels

Meadows on Lea Hill Apartments to receive the installation

Property values rose 2.6% on Auburn’s West Hill in 2018; notices are in the mail

The King County Assessor’s Office has begun the annual process of mailing… Continue reading

Public invited to nominate Washington businesses that go the extra mile

Each year, the Office of the Secretary of State calls for nominations… Continue reading

3No Networking mixer comes to The Rock on Thursday, July 18

Business leaders and guests are invited to a 3No Networking mixer at… Continue reading

Neighborhood welcomes new owners of storied market

Auburn’s 55-year-old building continues to run as a grocery store for the community

Washington’s average wage tops $65,000 in 2018

Washington’s average annual wage grew by 5.5 percent in 2018 to $65,301,… Continue reading

50 electric buses coming to local transit agencies; $13.3M from VW settlement used to reduce diesel pollution

The number of electric buses rolling through Washington communities will more than… Continue reading

Makerspaces essential solution to job gap | SBA

By Jeremy Field, U.S. Small Business Administration (SBA) When it comes to… Continue reading

Forbes names MultiCare to America’s Best Employers By State list

Forbes announced Wednesday that MultiCare has been included on their first “America’s… Continue reading

New Auburn clinic trying to bridge gap in health care

Husband, wife team up: doctors open Docere Integrated Medicine

PNW Coffee Co. opens second location in the Auburn area

PNW Coffee Co. has opened a café at the Auburn Station in… Continue reading

COURTESY PHOTO
Remodeled Pizza at Muckleshoot Casino opens

Newly remodeled, Pizza at Muckleshoot Casino has reopened with a large menu… Continue reading