Washington

Many financial institutions are unaware that they're banking marijuana-related businesses, pot bankers and regtech experts say.

The Washington-based credit union worked with the state chapter of the National Federation of the Blind to improve website accessibility.

JetStream FCU’s Jeanne Kucey says her greatest goal as NAFCU board chair is regulatory relief for credit unions, and she'll do whatever she can to achieve that in the year ahead.

The company will pay $191 million for Skagit Bancorp, a deposit-rich bank in Washington's North Sound region.

Anchor will be sold to FS Bancorp after agreeing to terminate a deal with Washington Federal. The original deal had been delayed as Washington Federal dealt with BSA issues.

The three-state league will serve 180 credit unions with more than 6.5 million members.

Terri Salstrom has been with the credit union for more than 35 years, with 25 of those years as president and CEO of the $245 million-asset institution.

Jeff Deuel will take over as CEO of Heritage Bank in Olympia, Wash., for Brian Vance, who will remain as the head of the holding company until next year.

Coastal Financial in Everett, Wash., said that it could be active in M&A with capital from its IPO and that it has already identified several possible targets.

The deal is designed to improve capital ratios and reduce risk at the Seattle company.