Under the Consent Order, Viking Bank agrees to the stricter oversight “without admitting or denying any charges of unsafe or unsound banking practices relating to weaknesses in capital, asset quality, management and earnings,” the Consent Order states. The Seattle Times says,

The orders vary in their specific terms and conditions, but in general they require banks to clear senior-management changes with regulators; increase capital levels; adopt plans to purge bad loans from their books; and reduce overreliance on certain loan categories, such as commercial real estate.

In addition, the banks generally cannot pay cash dividends, either to individual shareholders or their holding companies, without regulators’ approval.

Emily Wiseman, Marketing Director for Viking Bank, says that like many small-town banks, they have their share of issues. For about a year they’ve been making their own changes and the requirements by the FDIC and WDFI were not a surprise. “We’re very confident in the direction we’re going,” she says. Viking Bank has been pro-active in reaching out to their customers and Wiseman stresses that this order has absolutely no affect on the safety of customer deposits. She says that they welcome questions from both customers and non-customers alike who are looking for more clarification. (Thanks BBO for posting this in the forum.)

The use of gas and propane stoves and inserts are allowed during burn bans. (Thanks Kate for the tip!)

View Ballard Food Bank drop-off locations in a larger map

The map above shows the holiday food barrels in green and the year-round food barrels in red. You can donate any shelf staple, non-perishable food items, as well as any hygiene items (shampoo, deodorant, etc.) to any of these locations.

Open Wed-Fri. 7 a.m. to 4 p.m.
Sat-Sun. 8 a.m. to 4 p.m.

Open Wed-Sun 7 a.m. to 3 p.m.