Biz Buzz

Best Western Lakeway to Become Sheraton

The 132-room Lakeway Inn is changing brands from Best Western to Sheraton. On Oct. 1 it will officially be called the Four Points by Sheraton Bellingham Hotel and Conference Center. The Bellingham facility will become part of Starwood Hotels company, which has more than 1,200 properties in 100 countries with 10 different brands, according to the company website.

Children’s House
International Celebrates 40 Years & DC

Children’s House International is simultaneously celebrating its 40th anniversary, and the nomination of their colleagues as Angels in Adoption™ by Senator Murray and the Congressional Coalition on Adoption Institute (CCAI), which orchestrates the Angels in Adoption™ Program   in Washington DC.
Three of Children’s House International’s staff will be making their journey to Washington D.C. early this October to be recognized at a gala for bettering the lives of foster children and orphans domestically and internationally.

People’s Bank and WECU Come Out on Top
With $730.3 million in Whatcom County deposits at the end of June and a 22.4 percent market share, Peoples Bank tops the list of banks with local branches, according to a new report from the Federal Deposit Insurance Corp. Bank of America had the next highest bank market share at 13.7 percent, followed by Washington Federal (10.3 percent market share), Wells Fargo (9.1 percent) and U.S. Bank (9 percent).

Whatcom Educational Credit Union continues to have the highest amount of local insured deposits, with $895.9 million at the end of June, according to data from the National Credit Union Administration. WECU had 75,518 members at the end of June, a 3.8 percent increase compared to the previous year. Industrial Credit Union had the second-highest deposit total among credit unions in Whatcom County, with $164.6 million, followed by North Coast Credit Union at $153.8 million and WestEdge Credit Union at $43.9 million.