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Lake Stevens Journal April 13, 2011
Cathy Reines, CEO & President of First Heritage
Bank responds to publication of PCA directive A
JOURNAL STAFF
In late February, First Heritage Bank received a Prompt
Corrective Action (PCA) Directive from the FDIC requiring
recapitalization or sale of the Bank within 30 days.
“The Bank anticipates progress toward a successful
resolution of the directive. We are in active discussions
with a number of merger partners to satisfy the PCA let-
ter. We are fortunate to have a strong deposit franchise, an
award—winning SBA loan department, and a solid branch
network in Snohomish and northern King Counties."
Reines further commented that, “Deadlines can be and
have been extended on a case-by-case basis.”
‘A notable example in our state was AmericanWest Bank
in Spokane, which received a PCA directive in February
2010, and was successfully recapitalized 10 months later.
While the PCA Directive is intended to cause the bank
to bolster its capital position, there is no risk to depositor’s
funds that are within deposit insurance limits.
“We want our customers to understand that this will
not affect the safety of their deposits or our commitment
to their banking relationships with First Heritage Bank.
Any questions may be directed to me at the Bank,” stated
CEO Reines.
Steve’s Barber Shop moving to Frontier Village
JOURNAL STAFF
Steve’s Barber Shop has been located in downtown
Lake Stevens for the past two decades but this Lake
Stevens icon is moving to the Frontier Village area in
order to provide their customers better hours and a' more
convenient location.
As of July 2011, Steve’s Barber Shop will be located
at 9433 4th St. NE, #103 next to Glass by Lund behind
Target.
The same barbers will be on hand Monday through
Saturday for all your barbering needs.
For more information call 425-334-3304 orvisit theipweb-
site at wwwlakestevenschamber.com/members/ steves.
L.S. American Legion honoredwith awards '
JOURNAL STAFF
The American Legion Post 1 8 1 Auxiliary Unit, Which is
their women's organization side of the membership, was
awarded the Unit of the Year award for District 2.
In addition, American Legion Post 181 was awarded
the Post of the Year award for District .
District 2 covers the area from Snohomish County
to the Canadian border and also includes one post in
Vancouver, B.C.
The 30 Posts of District 2 have nearly 6,500 members
of the Department’s 25,000 total. Post 181 is the biggest
Free One-Day
Tire Recycling
Event!
Cathcart Way Recycling & Transfer Station
8915 Cathcart Way,{Snohomish
Saturday, April 23, 9:00 am. to 3:00 pm.
0 For Snohomish County residents (proof of residency
needed—such as drivers license or utility bill). No tires
accepted from businesses.
0 Up to 20 regular-sized light truck, car or motorcycle ‘
tires per household.
No tires on rims, tractor, large truck,or over-sized tires
will be accepted. '
0 was must be reasonably free of water, dirt, etc.
For more information, visit '
and search "tires";
or call 42 5-388-3425.
Snohomish Coun'
Solld Watts
3000 Rockefeller Ave.
Everett, WA 98,201
District in the Department.
Post 181 holds flag lowering ceremonies for military
who have passed away, collects tattered or unusable
flags and takes care of the War Memorial in downtown
Lake Stevens.
These are just a few of the many things Post 181 does
for veterans and the community.
Funeral
Facts.
Allen Ice
Serving Since 1983
Q: Do you have any advice about talking to my
family about funeral planning?
A: One way to make the discussion less difficult
is to approach the topic as a means of everyone
being prepared in advance. Funeral planning is
the responsible way to spare your family the grief
of makingthese tough decisions for you, making
the act a loving gift. I
Set aside a time when your family can gather
in» a comfortable setting, and allow everyone to
share their thoughts about your plans. Depending
on your family, keeping the discussion light and
casual may help, or a more formal approach may
be in order. " ' ‘
Our funeral home even offers a free Personal
Planning Guide, a helpful tool where you can re-
cord and organize your final wishes, to help ease .
the discussion with your family. In it, you’ll find
many questions that you and your family may not
haVe considered, prompting a real conversation
about your options. i
Making arrangements in 'advance is very
important to give you and your family peace of
mind. It is the best way to ensure your wishes are
carried out and that your family doesn't have to
make those difficult decisions without you. Con-
tact your local funeral home to getta Personal
Planning Guide to help start the discussion.
Allen Ice is the general manager of Evergreen Funeral
Home and Cemetery, as well as Purdy and Walters With Cas-
sidy Funeral Home, where he has been serving since 1983.
Both are members of the Dignity Memorial“ network serving
the Everett community. He frequently afiers funeral-related
‘ advice and counseling to area families. For information or
to ask a question, contact Allen at 425-252-2244.