subsidiaries have opened new bank branches in West Yakima, the Tri-Cities, and the University City Rosauer's Market in the Spokane Valley since last July.
With this acquisition, USBN
will have a total of 31 community bank offices.
And, we will continue to evaluate additional, appropriate partners to join the USBN
2000 was a `clean-up' period for USBN
, with a number of nonrecurring items booked in the fourth quarter and year 2000," noted Wes Colley, president and chief executive officer.
will have a total of 26 community bank branches -- 25
During 1997, USBN
selected Moss Adams LLP as its new independent auditing firm.
2000 is a `clean-up' period for USBN
as we eliminate some non-productive investments and businesses, and look at overall efficiency," Colley said, "Unfortunately, such efforts usually bring short term hits to the bottom line before paying off in long-term improvements.
Emery, former president and chief executive officer of Pacific One Bank based in Kennewick, WA, joined USBN
on November 3, 1997.
With nonbanking subsidiaries turning in positive performances, the efficiency ratio for the entire USBN
organization was just 54.
currently has a total of fifteen branch offices.
The bank will retain its own name and operate as a subsidiary of USBN
Colley was President of Bank of the West when it merged with USBN
and became President of the holding company June 1, 2000.