Carol Nelson, CEO of Everett-based Cascade Bank, is again on the list of USBanker magazine as among the 25 most powerful women in banking. Nelson was listed as No. 2 on the list this year. The magazine cited her bank’s 27 percent growth in personal checking deposits and 14 percent growth in business checking deposits during the first six month of 2008 in comparison with the previous year. The publication noted that Cascade established a campaign to increase deposits through training managers on how to counsel clients about increasing their cash flow and developed a remote deposit program. No. 1 was Colleen Johnston, chief financial officer of TD Bank Financial Group in Canada, a $500 billion bank with many branches in the U.S.
Tourism spending up 7.1 percent
Visitors to Snohomish County spent $881.7 million in 2007, a record-breaking year for the region, according to Amy Spain, director of the Snohomish County Tourism Bureau. She cited a state tourism report by Dean Runyan and Associates that reported tourism was up by 7.1 percent, or $58 million, in comparison with 2006. Spain said visitor spending supports the jobs of about 9,600 people in the county. Spain said the tourism bureau has worked to promote the county to both individuals and groups.
Public hearing on port building
Plans to sell the Port of Everett administration building will be the subject of a public hearing Tuesday at 9 a.m. at the commission room at 2911 Bond St. The port is planning to sell the building to tenant Bauer Evans and to build a new administration center near the 12th Street Yacht Basin on the waterfront. To do so, it must declare the existing center surplus and remove it from its comprehensive plan. The public hearing is to get responses to that proposal.
Boeing strike slows shipping in Everett
The Port of Everett’s container shipping business, up 33 percent this year, is about to go down. John Mohr, the port’s executive director, said Tuesday that the Boeing Co. is no longer shipping jet parts from Asia to its Everett assembly plant because of the Machinists’ union strike. There were containers on the ocean for about three weeks, but those have been received and there likely will not be any more until the strike is over, Mohr said. He said the port had about 100 containers now sitting in storage at its marine terminal while waiting for Boeing and its workers to reach a resolution. So far this year, the port has received 2,313 containers, compared with 1,574 last year. Last month there were 195 container arrivals.
State ferry in Everett for repairs
The state ferry Walla Walla was docked in Everett on Tuesday for emergency repairs. Kevin Quigley, president of Everett Ship, said he believed the vessel’s thrust bearing blew out because it wasn’t receiving lubrication. The Walla Walla is the second state vessel sitting in Everett for work. Quigley’s company is also doing scheduled repairs and refurbishment on the Puyallup.
From Herald staff
This article has been corrected since it was first posted.
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