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News briefs

Tech by Tech
August 10, 2011
in News, No Images, Peninsula Beacon
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AmericanWest seals Sunrise Bank merger AmericanWest Bank has an-nounced it has completed the previously announced acquisitions of Bank of the Northwest and Sunrise Bank — which includes the Sunrise branch in Point Loma. The acquisitions were consummated in separate merger transactions but closed simultaneously, bringing AmericanWest Bank’s total assets to $2 billion. These acquisitions add California and the Puget Sound to AmericanWest Bank’s footprint. The new locations include Palm Desert, Point Loma, San Diego and Escondido in California, as well as Tacoma, Everett, Bellevue and Issaquah in Washington. Both Bank of the Northwest and Sunrise Bank customers should continue banking as they do today — using the same bank accounts, bank-issued hardware, online usernames and passwords, credit cards, debit cards, checks and banking locations, according to AmericanWest Bank officials. Scott R. Andrews, former chairman & CEO of Sunrise Bank, and Tom Giovanelli, former president and CEO of Bank of the Northwest, are reportedly continuing with AmericanWest Bank in leadership roles. Andrews will be the regional manager for Southern California, and Giovanelli will be the regional manager for western Washington. As a result of the closing of these transactions, AmericanWest Bank now operates 66 branches in Washington, Idaho, California and Utah, with more than 600 employees. Cancer Society thrift store slates new sale The semi-annual “half-price sale” is set to take place at the Point Loma American Cancer Society Discovery Shop, located at 3609 Midway Drive, Suite C. The sale runs from 10 a.m. to 6 p.m. on Friday, Aug. 12, and from 10 a.m. to 5 p.m. on Saturday, Aug. 13. Thrift store officials said the sale will feature clothing, shoes and accessories for men and women, along with furniture, household items, books, jewelry and other items at half price. For more information, call (619) 224-4336. Volunteers and donations are welcome.

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