April 8th, 2008Member Announcements, April 8, 2008
Synergy Salon to Donate 10% of Services to Skagit Women Build During April
During the month of April, Synergy Salon in Mount Vernon is donating 10% of receipts to Women Build. If you’ve been putting of that favorite something for yourself, this is a perfect opportunity/excuse to schedule an appointment now.
Synergy Salon and Day Spa
(360) 428-5055
Limited Space — Call for your appointment today!
Spring Wine & Tulips Festival at Carpenter Creek Winery, March 27-April 27
Carpenter Creek Winery announces 4th annual Spring Wine & Tulips Festival beginning March 27th thru April 27th. Special event hours will be Thursday – Monday 11-6. Sample some of Skagit Valley’s finest wines and gourmet products, including dipping sauces, mustards, infused olive oils, and shortbreads. Weekends in April on site food service will feature our own unique gourmet burgers, brats, and specialty sandwiches, and on April 26th and 27th our seafood extravaganza featuring grilled salmon and clam chowder as well as other treats from the sea will wrap up the Festival! Relax in our picnic area with views of the grapevines and enjoy wines and beer by the glass. New this year we will feature live local music throughout the month. Check the website weekly for specific information, including dates and time. www.carpentercreek.com
Open Enrollment Going on Now for Spring Quarter at Skagit Valley College
Registration is going on now for all students who are interested in Spring Quarter classes and workshops at Skagit Valley College. Spring Quarter begins Tuesday, April 1 at all SVC locations: Mount Vernon Campus, Business Resource Center in downtown Mount Vernon, Whidbey Island Campus in Oak Harbor, South Whidbey Center in Clinton, and the San Juan Center in Friday Harbor.
SVC offers academic transfer pathways, professional/technical training options, courses in basic skills and English as a Second Language, citizenship preparation, job skill upgrades, as well as diverse personal enrichment courses and workshops.
SVC offers an Associate in Arts University and College Transfer degree (AAUCT), an Associate in Arts, and an Associate in Technical Arts degree. Specialized transfer pathways include an Associate in Music, Associate in Science, Associate in Visual Arts, an Associate in Business, Applied Science in Early Childhood Education, a Theater Arts Emphasis, and a Pre-Nursing degree. In addition, students can study anytime, anywhere with Distance Education and earn a two-year transfer degree or select individual courses from many disciplines.
Interested students can apply and register online at www.skagit.edu, in person, or by contacting their nearest campus or center:
Mount Vernon Campus
(360) 416-7697 OR toll free: 1 (877) 385 5360
EDASC Schmooze Fair April 17
Be entertained, enjoy delicious food, and talk yourself up on April 17 from 4 to 8:30 pm at the Van Zyverden Bulb Warehouse at the Port of Skagit County. Order your tickets at 336-6114 today!
2nd Annual Shred Day at Business Bank April 18
In an effort to promote identity theft awareness to consumers and business owners, Business Bank’s Burlington Branch is hosting its 2nd Annual Shred Day between 9:00am and 2:00pm on April 18th. Business Bank is proud to partner with ALLDATA SHREDDING on this event. Mary Gould from the Washington State Attorney General’s Office and Sergeant Pete Lindberg and Detective Jeff Nelson from the Mount Vernon Police Department will be on site to answer questions and provide educational materials. This is an excellent opportunity for you to properly dispose of your sensitive information and learn how protect yourself from identity theft. If you would like to support Business Bank’s Relay for Life Team, a gourmet hot dog lunch will be served between 11:00am and 2:00pm. * Limit 1 box per person
Business Bank is a community-owned bank with a focus on small to medium sized businesses and the private banking needs of individuals, entrepreneurs and professionals. “Your Local Partner with a Local Commitment”
Mount Vernon Christian School Auction
Mount Vernon Christian Schoolwill have their annual 2008 Dinner Auction, \"Blessings Abound,\" on April 19, 2008. This is the school\'s largest fundraiser and is always well attended by 250 - 300 community members and school parents. If you would like to donate an item and/or advertise in the auction catalog, or to get tickets to the event please contact the auction coordinator, Linda Brown, at 428-4632 or briannandi@verizon.net. All donations are appreciated and tax deductible.
The Friends of the Mount Vernon Library Spring Book Sale
Saturday, April 19, from 10 AM-4 PM, at Mount Vernon Fire Station #1 (902 S. 2nd). Gently used books for sale; all proceeds benefit the Mount Vernon City Library (next door to the Fire Station). Drop by on your way to or from the Mount Vernon Tulip Festival Street Fair and find some bargains! Call the library at 336-6209 for more information.
Mapping Your Future Career Expo at Skagit Valley College May 6
Are you mapping out bigger and better business plans? Are you looking for the right employees to help you reach your desired growth?
Let Skagit Valley College provide a path to qualified job seekers, expand your business network and increase exposure for your business. It’s your roadmap to success…it’s the SVC annual Career Expo. We invite you to exhibit with us…and map your future with trained, motivated job candidates!
May 6th, from 11 am - 3:00 pm in the Dave DuVall Pavilion on the Mount Vernon campus. Call 360-416-7743 or visit www.skagit.edu/careerexpo to register and find up-to-date information.
Sponsored by Skagit Valley College and Skagit Valley Herald
Wycoff Insurance Promotes Donnie Keltz to Full Partner
Wycoff Insurance is proud to announce the promotion of Donnie Keltz to full partner in the firm. Donnie brings an excellent insurance background and maintains an outstanding stature within the community. He joins other full partners Tim Cedergreen, Chris Eisses, and Bill Feeney. Together, they will continue the Wycoff tradition of personal service and extensive knowledge that has made Wycoff successful since 1966.
Wycoff Insurance has a professional staff to support and handle daily business needs and provide a level of service that is well known in the industry and among its policy holders. Wycoff\'s mission is to offer complete insurance coverage designed to keep its customers independently secure at a competitive price. Wycoff specializes in business and personal insurance, bonds, and life insurance and has access to several national insurance companies and their national programs. These programs are available for a wide variety of groups and organizations to meet their unique and specific needs.
As a leader in servicing the business community, Wycoff believes that, in addition to tracking profit and loss and answering the phone politely, businesses should be concerned about keeping their insurance portfolio matched to their current needs.
Wycoff is an independent insurance agency and brokerage headquartered at 501 South 2nd Street Mount Vernon, Washington. Meeting the needs of our clients is a challenge we eagerly accept. The insurance climate today requires a broker with knowledge of both insurance and the market place and the clout to get the job done. Contact Wycoff today at 360-336-2112 or www.wycoffinsurance.com to find out how we can help you.
Business Bank Hires Rachael Willett
Rachael Willett has recently joined Business Bank in the role of Business Development. Rachael will be involved in many aspects of the bank including marketing, new accounts and sales. “We are very excited to have Rachael join our team. She will be an asset to the bank as we continue to grow”, stated AVP Jeremy McCullough. Rachael graduated from the College of Idaho in 2003 and is an active member of the Kiwanis Club of Mount Vernon, serves as Secretary on the Burlington Little School Board of Directors and is a member of Skagit Young Professionals’ Leadership Team.
Business Bank is a community-owned bank with a focus on small to medium sized businesses and the private banking needs of individuals, entrepreneurs and professionals. “Your Local Partner with a Local Commitment”
Diversint Receives SBA HUBzone Certification
Diversint recently completed the requirements for the Small Business Administration’s HUBZone certification. Along with our active CCR registration, we are now recognized as an authorized SBA small business entity with specific bid advantages related to HUBZones.
A HUBZone certification recognizes SBA businesses in economically disadvantaged geographies of the United States that have gone through a number of qualifying steps to achieve recognition by the Small Business Administration. The certification allows Diversint to now conduct business with federal agencies throughout the United States. Agencies must allocate certain percentages of their budget to small businesses recognized by the SBA and receive other benefits by allocating a portion of their small business to HUBZone authorized businesses. Diversint is now active in the federal contractor registry and expects to be called upon to bid for projects originating from the many federal departments with offices in the Western United States.
For more information, contact Diversint at 428-7065 or www.diversint.com.
3D Corporation Adds 3 Engineers
3D Corporation has announced 3 new staff members; Euphrates Greene, Shaun Conley and Kurt Fossen. Greene holds a degree in Applied Technology as well as 6 years of IT experience. Conley comes to us with a degree in Computer Information Systems and 4 years of IT experience. Fossen holds a degree in Business/Management Information Systems as well as 3 years of IT experience.
“Due to unprecedented growth in contract services in the first quarter of 2008, we needed to expand our technical team. With the new additions we should be fully staffed until recruiting again in the summer,” says Dave Koshinz, CEO. “We have a top notch team and expect continued strong growth through 2010”
Deception Pass Tours Cameron Goff- Aiming To Get All Of The Details Right
Award winning tour company, Deception Pass Tours, announces the well deserved promotion of Cameron Goff to the position of Operations Manager. Goff has been with the company since its inception, serving as Naturalist aboard the hourly tours of Deception Pass Bridge and surrounding area.
“We believe that it is the right time for Cameron to take on a leadership role in our company,” says Brett Ginther, owner of the company. “Cameron has been a crowd favorite from the very beginning, and knows how important it is that every detail is right. We know he is ready for this position.”
In Goff’s new role, he will be responsible for keeping an eye on customer service to ensure that every guest feels that they have received excellent value, and is eager to both recommend the tour to others and continue to support Deception Pass Tours themselves.
“Our basic principle for customer service is to treat all of our customers as individuals. We respect their expectation to be entertained and treated great,” shares Goff, “this may be the big summer vacation for our customers- and it’s my job to make sure everyone on our team keeps that in mind.”Cameron is working toward becoming certified as a US Coast Guard Certified Captain, and expects to receive his license sometime in the summer of 2008.
When planning a family vacation, a romantic getaway or a place to propose, consider this magical corner of Washington State where memories are created everyday. www.deceptionpasstours.com
BMR Design & Advertising Announces New Location
BMR Design+Advertising announces the move of their office two blocks South of their current location. For BMR, the new office offers greater client service, better parking, more room for team members, and additional room for growth.
Owner and Creative Director Jacque Beamer noted, “We were fortunate to find such an ideal space so close to our current office. It was important to us to stay in downtown Mount Vernon where our offices have been for the past 16 years. The new address will enable us to continue to grow and evolve thereby better serving our clients’ needs.”
The office space was designed by Julie Blazek, a partner with HKP Architects, and was renovated by building owners Steve Broman and Vern Curtis. BMR will move March 28th, at which time they can be found at 815 Cleveland Avenue, Suite 200, Mount Vernon, Washington, 98273. Phone and fax numbers, email, and web addresses will remain the same.
BMR Design+Advertising is a strategic brand consultancy dedicated to understanding and communicating the unique story of your organization. Founded in 1992 by Owner and Creative Director Jacque Beamer, BMR has grown on the foundation that client relationships are our most valuable asset. BMR works with a variety of organizations; health care, financial, manufacturing, retail, governmental, service, and non-profit.
Skagit State Bancorp, Inc. Announces Purchase of all Shares Held by Frontier Financial Corporation
Skagit State Bancorp, Inc., the parent company of Skagit State Bank, today announced that it had purchased 85,022 shares of its common stock held by Frontier Financial Corporation, Everett, Washington, at $180 per share in a private transaction. Frontier Financial Corporation had acquired their shares since 2004 from private shareholders.
Cheryl R. Bishop, President and CEO stated that \"We are pleased that our strong capital position allowed us this opportunity to purchase the largest outstanding block of our stock. It is exciting that this event occurs as we are poised to celebrate our 50th year in the banking business.\"
Following the purchase, Skagit State Bancorp\'s Tier 1 capital level will still be a strong 10%, which far exceeds Federal banking requirements to be considered \"well-capitalized.\" Bancorp\'s risk-based capital ratio will exceed 14%, also well above the \"well-capitalized\" threshold.
Skagit State Bancorp, Inc. is the parent bank holding company for Skagit State Bank, headquartered in Burlington, Washington. As of December 31, 2007, Bancorp had $593 million in assets. The Bank operates through 13 offices in Skagit, Snohomish, and Whatcom counties.
Skagit State Bank was founded in Skagit County in 1958. Locally operated, Skagit State Bank has 13 offices in Skagit, Snohomish, and Whatcom counties. From personal checking, savings, credit cards, home loans, and online banking, to providing businesses with complete financial services, Skagit State offers financial services as diverse as the people that they serve. Skagit State Bank is committed to the community in ways that enhance the everyday lives of its people and businesses.
Premier Active Adult Community To Begin Construction in Mount Vernon
Potential home buyers will have a new selection to choose from in the Montreaux Active Adult Community. Landed Gentry Homes and Communities recently purchased the plat developed by Chaffey Homes and have designed the community for those over the age of 55. The model home located in Mount Vernon will begin construction in April with the Grand Opening taking place in July. Pre-grand opening specials are available for those who want to have first selection of homesites.
“The Montreaux neighborhood is a great fit for Landed Gentry.” Brian Gentry, President of Landed Gentry said. “It allows us to bring our high quality, lifestyle focused homes to one of Mount Vernon’s premier locations.” The Montreaux Community will be conveniently located in Mount Vernon off Waugh Road, directly outside the entrance to Eaglemont Golf Course. The community will mainly consist of single-level homes ranging in size from 1300 to 2700 square feet with prices likely starting around $359,900. Yard maintenance will be taken care of by the homeowners association.
To receive more information on the Montreaux Active Adult Community please visit the information center at Landed Gentry’s Big Fir Active Adult Community at 1620 Grand Avenue, Mount Vernon, WA 98274 or contact Gregg Murphy at 360-661-1490.
Landed Gentry has been building homes in Skagit and Island Counties since 1979 and is family owned and operated by Kendall and Nancy Gentry along with their son Brian Gentry and their daughter Kendra Gentry-Decker. For more information on Landed Gentry please visit www.LandedGentryHomes.com.
During the month of April, Synergy Salon in Mount Vernon is donating 10% of receipts to Women Build. If you’ve been putting of that favorite something for yourself, this is a perfect opportunity/excuse to schedule an appointment now.
Synergy Salon and Day Spa
(360) 428-5055
Limited Space — Call for your appointment today!
Spring Wine & Tulips Festival at Carpenter Creek Winery, March 27-April 27
Carpenter Creek Winery announces 4th annual Spring Wine & Tulips Festival beginning March 27th thru April 27th. Special event hours will be Thursday – Monday 11-6. Sample some of Skagit Valley’s finest wines and gourmet products, including dipping sauces, mustards, infused olive oils, and shortbreads. Weekends in April on site food service will feature our own unique gourmet burgers, brats, and specialty sandwiches, and on April 26th and 27th our seafood extravaganza featuring grilled salmon and clam chowder as well as other treats from the sea will wrap up the Festival! Relax in our picnic area with views of the grapevines and enjoy wines and beer by the glass. New this year we will feature live local music throughout the month. Check the website weekly for specific information, including dates and time. www.carpentercreek.com
Open Enrollment Going on Now for Spring Quarter at Skagit Valley College
Registration is going on now for all students who are interested in Spring Quarter classes and workshops at Skagit Valley College. Spring Quarter begins Tuesday, April 1 at all SVC locations: Mount Vernon Campus, Business Resource Center in downtown Mount Vernon, Whidbey Island Campus in Oak Harbor, South Whidbey Center in Clinton, and the San Juan Center in Friday Harbor.
SVC offers academic transfer pathways, professional/technical training options, courses in basic skills and English as a Second Language, citizenship preparation, job skill upgrades, as well as diverse personal enrichment courses and workshops.
SVC offers an Associate in Arts University and College Transfer degree (AAUCT), an Associate in Arts, and an Associate in Technical Arts degree. Specialized transfer pathways include an Associate in Music, Associate in Science, Associate in Visual Arts, an Associate in Business, Applied Science in Early Childhood Education, a Theater Arts Emphasis, and a Pre-Nursing degree. In addition, students can study anytime, anywhere with Distance Education and earn a two-year transfer degree or select individual courses from many disciplines.
Interested students can apply and register online at www.skagit.edu, in person, or by contacting their nearest campus or center:
Mount Vernon Campus
(360) 416-7697 OR toll free: 1 (877) 385 5360
EDASC Schmooze Fair April 17
Be entertained, enjoy delicious food, and talk yourself up on April 17 from 4 to 8:30 pm at the Van Zyverden Bulb Warehouse at the Port of Skagit County. Order your tickets at 336-6114 today!
2nd Annual Shred Day at Business Bank April 18
In an effort to promote identity theft awareness to consumers and business owners, Business Bank’s Burlington Branch is hosting its 2nd Annual Shred Day between 9:00am and 2:00pm on April 18th. Business Bank is proud to partner with ALLDATA SHREDDING on this event. Mary Gould from the Washington State Attorney General’s Office and Sergeant Pete Lindberg and Detective Jeff Nelson from the Mount Vernon Police Department will be on site to answer questions and provide educational materials. This is an excellent opportunity for you to properly dispose of your sensitive information and learn how protect yourself from identity theft. If you would like to support Business Bank’s Relay for Life Team, a gourmet hot dog lunch will be served between 11:00am and 2:00pm. * Limit 1 box per person
Business Bank is a community-owned bank with a focus on small to medium sized businesses and the private banking needs of individuals, entrepreneurs and professionals. “Your Local Partner with a Local Commitment”
Mount Vernon Christian School Auction
Mount Vernon Christian Schoolwill have their annual 2008 Dinner Auction, \"Blessings Abound,\" on April 19, 2008. This is the school\'s largest fundraiser and is always well attended by 250 - 300 community members and school parents. If you would like to donate an item and/or advertise in the auction catalog, or to get tickets to the event please contact the auction coordinator, Linda Brown, at 428-4632 or briannandi@verizon.net. All donations are appreciated and tax deductible.
The Friends of the Mount Vernon Library Spring Book Sale
Saturday, April 19, from 10 AM-4 PM, at Mount Vernon Fire Station #1 (902 S. 2nd). Gently used books for sale; all proceeds benefit the Mount Vernon City Library (next door to the Fire Station). Drop by on your way to or from the Mount Vernon Tulip Festival Street Fair and find some bargains! Call the library at 336-6209 for more information.
Mapping Your Future Career Expo at Skagit Valley College May 6
Are you mapping out bigger and better business plans? Are you looking for the right employees to help you reach your desired growth?
Let Skagit Valley College provide a path to qualified job seekers, expand your business network and increase exposure for your business. It’s your roadmap to success…it’s the SVC annual Career Expo. We invite you to exhibit with us…and map your future with trained, motivated job candidates!
May 6th, from 11 am - 3:00 pm in the Dave DuVall Pavilion on the Mount Vernon campus. Call 360-416-7743 or visit www.skagit.edu/careerexpo to register and find up-to-date information.
Sponsored by Skagit Valley College and Skagit Valley Herald
Wycoff Insurance Promotes Donnie Keltz to Full Partner
Wycoff Insurance is proud to announce the promotion of Donnie Keltz to full partner in the firm. Donnie brings an excellent insurance background and maintains an outstanding stature within the community. He joins other full partners Tim Cedergreen, Chris Eisses, and Bill Feeney. Together, they will continue the Wycoff tradition of personal service and extensive knowledge that has made Wycoff successful since 1966.
Wycoff Insurance has a professional staff to support and handle daily business needs and provide a level of service that is well known in the industry and among its policy holders. Wycoff\'s mission is to offer complete insurance coverage designed to keep its customers independently secure at a competitive price. Wycoff specializes in business and personal insurance, bonds, and life insurance and has access to several national insurance companies and their national programs. These programs are available for a wide variety of groups and organizations to meet their unique and specific needs.
As a leader in servicing the business community, Wycoff believes that, in addition to tracking profit and loss and answering the phone politely, businesses should be concerned about keeping their insurance portfolio matched to their current needs.
Wycoff is an independent insurance agency and brokerage headquartered at 501 South 2nd Street Mount Vernon, Washington. Meeting the needs of our clients is a challenge we eagerly accept. The insurance climate today requires a broker with knowledge of both insurance and the market place and the clout to get the job done. Contact Wycoff today at 360-336-2112 or www.wycoffinsurance.com to find out how we can help you.
Business Bank Hires Rachael Willett
Rachael Willett has recently joined Business Bank in the role of Business Development. Rachael will be involved in many aspects of the bank including marketing, new accounts and sales. “We are very excited to have Rachael join our team. She will be an asset to the bank as we continue to grow”, stated AVP Jeremy McCullough. Rachael graduated from the College of Idaho in 2003 and is an active member of the Kiwanis Club of Mount Vernon, serves as Secretary on the Burlington Little School Board of Directors and is a member of Skagit Young Professionals’ Leadership Team.
Business Bank is a community-owned bank with a focus on small to medium sized businesses and the private banking needs of individuals, entrepreneurs and professionals. “Your Local Partner with a Local Commitment”
Diversint Receives SBA HUBzone Certification
Diversint recently completed the requirements for the Small Business Administration’s HUBZone certification. Along with our active CCR registration, we are now recognized as an authorized SBA small business entity with specific bid advantages related to HUBZones.
A HUBZone certification recognizes SBA businesses in economically disadvantaged geographies of the United States that have gone through a number of qualifying steps to achieve recognition by the Small Business Administration. The certification allows Diversint to now conduct business with federal agencies throughout the United States. Agencies must allocate certain percentages of their budget to small businesses recognized by the SBA and receive other benefits by allocating a portion of their small business to HUBZone authorized businesses. Diversint is now active in the federal contractor registry and expects to be called upon to bid for projects originating from the many federal departments with offices in the Western United States.
For more information, contact Diversint at 428-7065 or www.diversint.com.
3D Corporation Adds 3 Engineers
3D Corporation has announced 3 new staff members; Euphrates Greene, Shaun Conley and Kurt Fossen. Greene holds a degree in Applied Technology as well as 6 years of IT experience. Conley comes to us with a degree in Computer Information Systems and 4 years of IT experience. Fossen holds a degree in Business/Management Information Systems as well as 3 years of IT experience.
“Due to unprecedented growth in contract services in the first quarter of 2008, we needed to expand our technical team. With the new additions we should be fully staffed until recruiting again in the summer,” says Dave Koshinz, CEO. “We have a top notch team and expect continued strong growth through 2010”
Deception Pass Tours Cameron Goff- Aiming To Get All Of The Details Right
Award winning tour company, Deception Pass Tours, announces the well deserved promotion of Cameron Goff to the position of Operations Manager. Goff has been with the company since its inception, serving as Naturalist aboard the hourly tours of Deception Pass Bridge and surrounding area.
“We believe that it is the right time for Cameron to take on a leadership role in our company,” says Brett Ginther, owner of the company. “Cameron has been a crowd favorite from the very beginning, and knows how important it is that every detail is right. We know he is ready for this position.”
In Goff’s new role, he will be responsible for keeping an eye on customer service to ensure that every guest feels that they have received excellent value, and is eager to both recommend the tour to others and continue to support Deception Pass Tours themselves.
“Our basic principle for customer service is to treat all of our customers as individuals. We respect their expectation to be entertained and treated great,” shares Goff, “this may be the big summer vacation for our customers- and it’s my job to make sure everyone on our team keeps that in mind.”Cameron is working toward becoming certified as a US Coast Guard Certified Captain, and expects to receive his license sometime in the summer of 2008.
When planning a family vacation, a romantic getaway or a place to propose, consider this magical corner of Washington State where memories are created everyday. www.deceptionpasstours.com
BMR Design & Advertising Announces New Location
BMR Design+Advertising announces the move of their office two blocks South of their current location. For BMR, the new office offers greater client service, better parking, more room for team members, and additional room for growth.
Owner and Creative Director Jacque Beamer noted, “We were fortunate to find such an ideal space so close to our current office. It was important to us to stay in downtown Mount Vernon where our offices have been for the past 16 years. The new address will enable us to continue to grow and evolve thereby better serving our clients’ needs.”
The office space was designed by Julie Blazek, a partner with HKP Architects, and was renovated by building owners Steve Broman and Vern Curtis. BMR will move March 28th, at which time they can be found at 815 Cleveland Avenue, Suite 200, Mount Vernon, Washington, 98273. Phone and fax numbers, email, and web addresses will remain the same.
BMR Design+Advertising is a strategic brand consultancy dedicated to understanding and communicating the unique story of your organization. Founded in 1992 by Owner and Creative Director Jacque Beamer, BMR has grown on the foundation that client relationships are our most valuable asset. BMR works with a variety of organizations; health care, financial, manufacturing, retail, governmental, service, and non-profit.
Skagit State Bancorp, Inc. Announces Purchase of all Shares Held by Frontier Financial Corporation
Skagit State Bancorp, Inc., the parent company of Skagit State Bank, today announced that it had purchased 85,022 shares of its common stock held by Frontier Financial Corporation, Everett, Washington, at $180 per share in a private transaction. Frontier Financial Corporation had acquired their shares since 2004 from private shareholders.
Cheryl R. Bishop, President and CEO stated that \"We are pleased that our strong capital position allowed us this opportunity to purchase the largest outstanding block of our stock. It is exciting that this event occurs as we are poised to celebrate our 50th year in the banking business.\"
Following the purchase, Skagit State Bancorp\'s Tier 1 capital level will still be a strong 10%, which far exceeds Federal banking requirements to be considered \"well-capitalized.\" Bancorp\'s risk-based capital ratio will exceed 14%, also well above the \"well-capitalized\" threshold.
Skagit State Bancorp, Inc. is the parent bank holding company for Skagit State Bank, headquartered in Burlington, Washington. As of December 31, 2007, Bancorp had $593 million in assets. The Bank operates through 13 offices in Skagit, Snohomish, and Whatcom counties.
Skagit State Bank was founded in Skagit County in 1958. Locally operated, Skagit State Bank has 13 offices in Skagit, Snohomish, and Whatcom counties. From personal checking, savings, credit cards, home loans, and online banking, to providing businesses with complete financial services, Skagit State offers financial services as diverse as the people that they serve. Skagit State Bank is committed to the community in ways that enhance the everyday lives of its people and businesses.
Premier Active Adult Community To Begin Construction in Mount Vernon
Potential home buyers will have a new selection to choose from in the Montreaux Active Adult Community. Landed Gentry Homes and Communities recently purchased the plat developed by Chaffey Homes and have designed the community for those over the age of 55. The model home located in Mount Vernon will begin construction in April with the Grand Opening taking place in July. Pre-grand opening specials are available for those who want to have first selection of homesites.
“The Montreaux neighborhood is a great fit for Landed Gentry.” Brian Gentry, President of Landed Gentry said. “It allows us to bring our high quality, lifestyle focused homes to one of Mount Vernon’s premier locations.” The Montreaux Community will be conveniently located in Mount Vernon off Waugh Road, directly outside the entrance to Eaglemont Golf Course. The community will mainly consist of single-level homes ranging in size from 1300 to 2700 square feet with prices likely starting around $359,900. Yard maintenance will be taken care of by the homeowners association.
To receive more information on the Montreaux Active Adult Community please visit the information center at Landed Gentry’s Big Fir Active Adult Community at 1620 Grand Avenue, Mount Vernon, WA 98274 or contact Gregg Murphy at 360-661-1490.
Landed Gentry has been building homes in Skagit and Island Counties since 1979 and is family owned and operated by Kendall and Nancy Gentry along with their son Brian Gentry and their daughter Kendra Gentry-Decker. For more information on Landed Gentry please visit www.LandedGentryHomes.com.