Washington

Banner Corp. in Walla Walla, Wash., has lowered its fourth-quarter profit due to an adjustment to the its provision for income taxes.

WASHINGTON — President Obama vowed to veto any future "unraveling" of the Dodd-Frank Act during his State of the Union address Tuesday night, further uniting Democrats against major changes to the law under the GOP-led Congress.

First Sound Bank in Seattle has agreed to buy Eastside Commercial Bank in Bellevue, Wash.

WASHINGTON — The Federal Housing Finance Agency said Monday it has approved the merger of the Federal Home Loan banks of Des Moines and Seattle, giving approval to the first voluntary combination in the history of the system.

SPOKANE, Wash. — STCU closed out the year with the news that it hit the $2 billion-asset mark in November.

SEATTLE — Verity Credit Union, a $432-million federally-insured state-charter, launched a program last year to further encourage the local popularity of bicycle riding.

WASHINGTON — The Federal Reserve Board released a proposal Tuesday laying out how it would institute capital surcharges on the country's biggest banks, saying it plans to be tougher than an international agreement on the issue.

WASHINGTON — Credit unions aren't the only ones bracing for changes to rules related to risk-based capital and risk weights.

Borrowers who have made five years of payments on their modified loans will be eligible to earn $5,000 in the next year to reduce their outstanding balance.

WASHINGTON — NAFCU's board is meeting with senior officials of the Federal Reserve Thursday to discuss key credit union issues, as well as to present findings from trade's annual report on the movement.

WASHINGTON — The Cooperative Trust, the group for young professionals within the credit union movement, is calling for applications to "crash" CUNA's 2015 Governmental Affairs Conference.

Seacoast Commerce Bank in San Diego has created a new holding company.

Richmond Fed President Jeffrey Lacker discusses why he distrusts a government-run system for unwinding banks, how community banks could thrive in the future, and why policymakers should consider better distinguishing between the biggest institutions and mid-size firms.

Since the crisis, banks have relied on lower loan-loss provisions to make a profit. But banks actually made money in the third quarter. Here's how.

Anchor Bank in Lacey, Wash., has been released from a state regulatory order.

MUFG Union Bank will close 20 branches of the former Frontier Bank in Washington state.

WASHINGTON — Payment operators should prioritize consumer protection as bad actors access networks like the automated clearing house and the industry tries to increase transaction speeds, a key regulator said Thursday.

Federal Reserve Board Gov. Daniel Tarullo said the agency wants to enforce its liquidity rules in such a way as to ensure that accumulated capital can be deployed in times of economic stress.

First Financial Northwest in Renton, Wash., has gotten regulatory approval to receive a $70 million dividend from its bank unit.

WASHINGTON — Sen. Elizabeth Warren's new spot on the Democratic leadership team has supporters cheering, but it remains to be seen how the role will impact her work on financial services issues.