financial news

Premier West Vote Set For Tuesday

By Jim McCoy Mon 18th February Newsfinancial newsPremier West Bank
Shareholders of Premier West Bank stock will be voting tomorrow on whether to sell the company to Starbuck Bankshares. Since the housing bust, Premier West has had difficulties staying afloat financially. Four months ago the parent company of American West Bank out of Spokane agreed with Premier West to buy the Medford-based bank.Read More »

Seattle Thrift To Buy Southern Oregon Bank Company

Washington Federal Inc. of Seattle plans to buy South Valley Bancorp of Klamath Falls and become Oregon's seventh-largest bank by deposits.
     South Valley has 24 branches, most around Medford, Klamath Falls and Bend. It is the state's 13th largest institution insured by the Federal Deposit Insurance Corp.Read More »

Erickson Air-Crane Trims Initial Stock Offering

Erickson Air-Crane, the maker of heavy-lift helicopters near Central Point, is downsizing their initial public offering from 5-point-4 million shares to 4-point-8 million. The company was expected to begin selling shares today (Wednesday). The shares will reportedly be priced between 8 and 9-dollars a share.

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