Showing posts with label Finance. Show all posts
Showing posts with label Finance. Show all posts

Wednesday, January 21, 2015

Goldenwest opens 2nd St. George office

Goldenwest Credit Union marked the official opening of a second branch in St. George. The new branch is at 2122 E. Riverside Drive. The credit union entered the St. George market in November 2008 with the opening of the branch located at 1805 W. Sunset Blvd. The Spectrum

Wednesday, September 3, 2014

Bank of American Fork to open St. George branch

Bank of American Fork is opening a new branch in St. George at 335 E. St. George Blvd. The new branch is equipped with state-of-the-art banking technology. The new “pod” style of banking allows for a modern way to do banking that fits the needs of today’s customers. The Spectrum

Tuesday, August 19, 2014

New bank entering St. George market

The Bank of American Fork plans to enter the Southern Utah market Aug. 18 when it opens its new St. George branch at 335 E. St. George Blvd. Bank of American Fork has operated a mortgage-loan office in St. George since last year. The bank’s commitment to small-town service has been a natural fit in the St. George community, and now Bank of American Fork will be able to offer the technology, products and services of a big bank to the consumers and business owners of the St. George area. The Spectrum

Wednesday, July 16, 2014

New bank entering St. George market

The Bank of American Fork plans to enter the Southern Utah market Aug. 18 when it opens its new St. George branch. Bank of American Fork has operated a mortgage-loan office in St. George since last year. The bank’s commitment to small-town service has been a natural fit in the St. George community, and now Bank of American Fork will be able to offer the technology, products and services of a big bank to the consumers and business owners of the St. George area. The Spectrum

Tuesday, December 17, 2013

America First opens St. George branch

America First Credit Union announced the openings of two new branches in November, one in Las Vegas and one in St. George. A new America First St. George Red Cliffs branch opened Nov. 18. It is located at 2722 E. Red Cliffs Drive. The Spectrum

Monday, June 17, 2013

Cache Valley Bank acquires eight branches in central, southern Utah

Logan-based Cache Valley Bank will acquire eight AmericanWest Bank branches in central and southern Utah, with the transaction expected to be completed in the third fiscal quarter of this year.

The banks have entered into a definitive agreement, and the acquisition is subject to regulatory approval and all other customary conditions of closing. The branches included are Price, Fairview, Mt. Pleasant, Nephi, Loa, St. George and two in Ephraim.

The sale will also allow AmericanWest Bank to reshape its service area in Utah, focusing on serving the communities along the Interstate 15 corridor from North Salt Lake to Utah County, according to a joint news release. Herald Journal

Tuesday, August 7, 2012

BLM poised to OK Las Vegas plan to pump and pipe desert groundwater

In the war over water in the arid Great Basin, Las Vegas looks to have won another major battle over Snake Valley ranchers and others.

In a final Environmental Impact Statement released Friday, the federal Bureau of Land Management appears poised to grant the Southern Nevada Water Authority (SNWA) rights of way that would allow the pumping of ground water from four eastern Nevada valleys for transport via pipeline to Las Vegas.

The project carries a $15.5 billion price tag.

The final EIS, however, appears not to support groundwater pumping from Snake Valley along the Utah-
Nevada line. Still, critics say drilling in adjacent drainages will draw down the aquifer beneath Snake Valley. And the BLM document does not preclude SNWA from applying for Snake Valley water at a future date.

The BLM will make known its formal "record of decision" on the matter in October. Salt Lake Tribune

Wednesday, July 18, 2012

Advanced Education pays off in Southern Utah

A college degree goes a long way when it comes to earning a living in Southwestern Utah, according to a new publication from the Department of Workforce Services.

A college degree leads to better employment opportunities and more earning potential no matter where a person lives, but in Southwestern Utah it can mean a difference of more than $1,000 per month on average, said Lecia Langston, regional economist for the DWS and author of the Southwestern Utah section of “Local Insights,” a new quarterly publication that looks at the economic climates and labor markets of eight separate regions in Utah.

According to the report, increasing one’s education at any level produces a statistical increase in wages, but getting at least a bachelor’s degree brings the biggest premium, Langston writes in the report. In one example, a worker with some college education or an associate degree made $280 more per month than one who had graduated high school and the high school graduate made $350 more per month than the dropout. The one with a bachelor’s degree? Almost $1,100 more than their counterparts.

Langston said she was anxious to see where the numbers move from here. Residents can follow much of the information as it comes on this blog.

Curt Stewart, public information officer for the DWS, said in an email the publications are designed to “provide relevant information for decision making in the areas of regional planning, economic development and policy designs.”

The publications are available at no cost at jobs.utah.gov/wi and clicking on the Utah Insights picture at the top, by calling (801) 526-9785 or emailing wipublications@utah.gov. The Spectrum

Monday, May 7, 2012

Utah women earn less than men

Women in Utah are paid 69 cents for every dollar paid to men, according to a recent report based on census data regarding the national wage gap between men and women in the workforce.

Lecia Langston, a regional economist for the Utah Department of Workforce Services, said women in Washington and Iron counties only make 67 cents on average for every dollar their male counterparts earn.
"The gap has gotten closer over the years, but it still exists," she said.

The gap in Southern Utah is larger than the national average, Langston said. Nationwide, women make 77 cents for every dollar that men make on average, she said.

There are several factors, including education, that contribute to the ongoing wage gap between men and women in Utah, Langston said.

Langston said 16 percent of women in Washington County have bachelor's degrees, in comparison to 28 percent of men. The Spectrum

Dixie Regional prepares for neurosciences institute

Besides being one of the top employers in Washington County and a beehive of volunteer and charity efforts, Dixie Regional fulfills Intermountain's mission in our community by providing excellent healthcare at an affordable cost.

Terri Kane, hospital administrator and regional vice-president for Intermountain's Southwest Region points out, "Dixie Regional is the tertiary referral center for the entire southwest region. We cover five counties in Utah, as well as parts of two other states, so besides caring for those in Washington County, we support the physicians and hospitals in the smaller surrounding communities in the care of more complex patients."

The needs of the region as a whole are taken into consideration as new services are offered at Dixie Regional. That was the case as the hospital brought on heart surgery, newborn intensive care, and numerous other services.

The needs of the region have also been a factor as the hospital prepares to open the Southwest Neurosciences Institute this summer and welcome the area's first neurosurgeon. The Spectrum

Thursday, February 16, 2012

SkyWest posts surprise loss of $18 million in fourth quarter

SkyWest Inc. on Thursday posted a large fourth-quarter loss caused by higher maintenance costs and losses from two international airlines that it owns in part.

The St. George-based airline lost $18 million, or 35 cents per share. In contrast, SkyWest earned $37.2 million, or 67 cents per share in the fourth quarter of 2010. Salt Lake Tribune

Saturday, November 5, 2011

Regulators close struggling SunFirst Bank in St. George

State regulators on Friday seized SunFirst Bank in St. George, raising to six the number of banks in Utah that have failed since the U.S. financial crisis and Great Recession began in 2007. The Department of Financial Institutions immediately appointed the Federal Deposit Insurance Corp. as receiver. Cache Valley Bank of Logan agreed to purchase most of the deposits of SunFirst. Cache Valley will reopen SunFirst’s three branches Saturday, and depositors will become Cache Valley customers. All deposits up to $250,000 are federally insured. Salt Lake Tribune