Next Meeting

Wednesday noon
February 10, 2016

Diplomacy Day
at Seattle Rotary

with keynote speaker Dan Martin,
Seattle Pacific University


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location and program 

Text Seattle4 to 313131

Preview of February 10, 2016
Diplomacy Day at Seattle Rotary

Join us on February 10 for a special program featuring members of the Washington Consular Association. Diplomats representing over 20 countries will be in attendance at what promises to be a memorable program. We'll also be joined by Seattle's Deputy Mayor Hyeok Kim.

SPU President Dan Martin
Engaging the World

Our keynote speaker will be Seattle Pacific University President Daniel J. Martin. 
Martin completed his JD at the University of Kansas’ School of Law, and simultaneously completed an MBA degree at the University of Kansas’ School of Business. Upon entering the field of higher education, he earned two additional degrees: an EdD in higher education policy and leadership from the University of Kansas, and an EdD in higher education management from the University of Pennsylvania.  In keeping with SPU’s vision to engage the culture and change the world, he is committed to facilitating the University’s active participation in helping to address the needs of the city of Seattle, the Pacific Northwest region, and the world.  Dan and his wife, Pam, have two teenage sons.

PLEASE NOTE:  Parking at the Westin during Rotary lunches increases to $14 as of 2/10/15.  There are other lots nearby that may be less expensive.

The After Party

♦♦  Thursday, February 11, 5-7pm  ♦♦♦
Tap House – 1506 6th Street

Join us to continue the conversation on Diplomacy Day at Seattle Rotary - Engaging the World.
Review of February 3, 2016
Bank update reveals community bank health and downside of tight regulation

Reporter:  Pete DeLaunay

A distinguished group of bank regulators and community bank executives described how Washington’s strong economy, knowledgeable state regulators and diversified regional growth have contributed to a healthy state banking environment while under intense regulatory scrutiny from the FDIC (Federal Deposit Insurance Corporation). 

Richard M. Riccobono, Director of Banks, with the Washington State Department of Financial Institutions ( provided a somewhat rapid-fire nine-minute update on the state of banks. “I can’t shave in nine minutes,” he began, then provided a walk down memory lane:

1992 – height of the Savings & Loan meltdown – there were 13,973 banks in the U .S with 125 chartered in Washington State; by 2007 – housing/mortgage fraud meltdown -- there were 8,544 banks in the U.S. with 125 chartered in Washington State; and by 2015 there remained 6,279 banks in the U .S. with 52 banks chartered in Washington.

“Credit is the life blood of the economy because without credit there is no growth,” he said. “Banks pulled back on credit as Congress created new restrictive capitalization requirements.”  And while that has eased somewhat, credit requirements are tight with rules that are hurting small businesses.

During the ‘crisis’ the State of Washington closed 20 banks, 2 of them for massive mortgage lending fraud. “Washington State was the 3rd worse state for bank failures behind #2 Georgia and #1 Florida,” he said, “with Washington Mutual’s $300B in bad loans investments looming but not ‘ill-liquid’ so it was not a ‘traditional bank failure’.”   His perspective on the WaMu takeover had more to do with an overly aggressive FDIC worried about their insurance fund than failure. 

Mr. Riccobono concluded his presentation by saying there is loan activity in Washington State both making loans and having loans paid with capitalization among the state’s 52 chartered banks solid at more than 10% while banks hope rates to continue to rise that will fuel more lending. 

Fellow Rotarian and former publisher of Puget Sound Business Journal, Mike Flynn, moderated the day’s long program that featured two distinguished bank executives, both happen to be women: Melanie J. Dressel, CEO, Tacoma-based Columbia Bank with branches in Washington, Oregon and Idaho; and Carol Nelson, Key Bank’s Seattle Market President, oversees operations in Washington, Oregon and Alaska.  Cleveland-based Key Bank has branches in 12 states.    

Ms. Dressel began by saying Washington State is one of the best places in the U.S. to do business, but cautioned as one of the most trade dependent states in the U.S. we should be somewhat concerned by turmoil in international markets.  Ms. Nelson agreed and said Key Bank views the Pacific Northwest as enormous growth opportunities, but warned that we could be affected by what is going on in other parts of the U.S. When asked about the implications and impact of the 'Dodd-Frank Wall Street Reform and Consumer Protection Act ' -- federal regulations passed in 2010 to prevent the recurrence of events that caused the 2008 financial crisis both bankers warned that over regulation has a downside.

“We are lucky to have state bank regulators that are people of reason as Dodd-Frank regulations have put enormous burdens on banks that have caused us to do business differently,” said Key Bank’s Ms. Nelson.  “The regulations have slowed growth to keep the economy safe but placed crushing burdens on remaining banks.”
Columbia Bank’s Ms. Dressel said regulations are forcing loan applications through ‘models’ and if an applicant ‘falls through the lending model,’ things become more complicated.  “We have a lot of demand and we are in a position to lend,” she said, “but it breaks a community bank’s heart not be the best resource for small business.”

“Key Bank was #4 in SBA (Small Business Administration) lending during the past year,” said Ms. Nelson, “and we’ve used those tools to help small businesses.”  Both bank executives say politicians have lumped all banks ‘into one big puddle’ with the cost of regulation and the technology needed to support it hurting profitability and resulting in smaller growth.

With $9B in assets Columbia Bank has reached the regulatory benchmarks that many smaller banks simply can’t make and results in mergers and acquisitions that have taken a toll on local or community bank organizations. In conclusion, both bankers agreed that diversity in the boardroom fosters more dialogue and more thoughtful approaches.  When asked about the film ‘The Big Short’ Ms. Dressel said she’d read the book and that it was frighteningly close to the mark. 

President Sue opened the meeting with ‘My Country ‘Tis of Thee’ led by Kim Moore with Burr Stewart on the piano, followed by past-president Bill Center who delivered the day’s invocation.   For their distinguished service to our club, President Sue presented our hard-working Seattle Rotary staff team, Mariah Kimpton, Office Coordinator, and Sam Thompson, Project Manager, with Paul Harris Fellow awards that were funded by an anonymous Seattle Rotary donor. 

Rear Admiral Bill Center, USN (Ret) announced that Fellow Seattle Rotarian Kirk Adams had been named President/CEO of the American Foundation for the Blind in Washington, D.C. Kirk was formerly president/CEO of The Lighthouse for the Blind, Inc.  
In Memoriam
Seattle 4 mourns the loss of two giants among our membership.  Past President Robert Ladd passed away January 26 at the age of 97, and Past President Frank Pritchard passed on January 22 at age 95. We hope to include a link to Don Kraft's eulogies presented at the 1/27/16 meeting in next week's Totem.  RIP, Bob and Frank.

Robert Ladd

President, 1969-70
Memorial service on Saturday, February 20, 11am, First Congregational Church of Bellevue, 752 108th Ave. NE, Bellevue.
Click HERE to read Bob's Seattle Times obituary.

Frank Pritchard
President, 1977-78
Memorial service on Thursday, February 11, 2pm, Plymouth Congregational Church, 1217 6th Avenue, Seattle. Click
HERE to read Frank's Seattle Times obituary.
Looking Ahead

February 10, 2016
Diplomacy Day at Seattle 4
Washington's Consular Corps and
SPU President Dan Martin

February 17, 2016
Rotarians Save Lives
Real Life Rescue and Blood Drive

February 24, 2016
The 30/30 Project: Living with and Combating AIDS in Africa
with Julie Lewis

Seattle 4 Blood Drive
Seattle Rotary is excited to partner with Bloodworks Northwest in the pursuit of saving lives. You can share your one of a kind gift that will provide life to three people. Local patients need blood transfusions for many reasons like cancer, chronic illnesses, blood disorders and surgeries. One thing they don’t have to worry about when they are facing a health challenge is blood being available because of donors. Let’s show our support and give life this February!

Wednesday, February 17
4th & Virginia Bloodmobile
Sponsored by Seattle Rotary
Location: Mini Bus parked on east Side of 4th Ave just north of Virginia
9:30am – 3:30pm (closed 12-1pm)


Seattle Rotary Members – Schedule your appointment directly through Bloodworks at

For questions about eligibility please call (800)398-7888
Why Give?
The blood supply for our region depends on thousands of local individuals every week who make the decision to give blood and help keep folks safe when they need the gift of life-saving blood.  Did you know…
•    A total of 30 million blood components are transfused each year in the U.S.
•    Only 5% of the population donates
•    Each day, nearly 900 people must donate with BloodworksNW to meet the local need
•    The blood used in an emergency is already on the shelves before the event occurs
•    Every 2 minutes, someone in western WA is receiving a transfusion
Wider World of Rotary

Wider World of Rotary
Brought to you by the Rotary Relations Committee
Committee Chair: Trent Mummery
Club Secretary: Lisa Mayfield

District 5030 News

Join the Emerald City Rotary Club on Tuesday, February 9 at the Hilton Seattle (Downtown) for their weekly Rotary meeting to hear Bob Ferguson, Attorney General for Washington State.  Meeting starts at 7:30 AM, doors open at 7:00 AM.  Breakfast is $23. Call or email Howard Cohen (Rotarian) at (206) 228-5518 to reserve a seat.  Parking in the Hilton garage is only $5 with a club validated parking ticket paid with cash before 9:00 AM.


Support Rotary First Harvest
Join the fun at the annual Rotary First Harvest Hearts and Wine event on Friday, February 12 from 6-9 PM.  Lingenbrink Law is the sponsor of this event at the Herban Feast’s Foundry.  SPECIAL GUEST: The Chef in The Hat Thierry Rautureau.  Event tickets include entrance, tasting tokens, heavy hors d’oeuvres, and access to the mini-auction. Secure your tickets today for $70 each ($75 after 1/31/16) at:

Professional Development Workshop
The District 5030 Rotaract Board of Directors invites Rotarians and Rotaractors to participate in our spring Professional Development Workshop and Mentorship Program Kick Off Event
Who: Open to all District 5030 Rotarians and Rotaractors
When: Saturday, February 20
            9:00 am-12:00 pm Professional Development Workshop
            12:30-1:00 pm District Mentorship Program Kick Off
Where: Seattle Pacific University, Otto Miller Hall
We're very excited to be  launching our district-wide mentorship program this month. The Rotaract Mentorship Program will pair Rotaractors with Rotarians to learn from one another about different fields, organizations, roles and experiences. This program is designed to be mutually beneficial for both Rotaractors and Rotarians, each sharing responsibility for the success of the relationship.

We're seeking Rotarians who are interested in sharing their knowledge and experience with the next generation of business and community leaders. The mentorship program kickoff event will give mentors and mentees an opportunity to get to learn more about the program and get to know each other.  While attendance at the kickoff event is encouraged, it isn't required to become a mentor. Rotarians who are interested in attending the event, becoming a mentor, or both are asked to please sign up at  For more info, contact

District 5030 Conference
Join the fun at the annual District conference in Coeur d’Alene, Idaho on April 29th-May 1st.  This is a great way to network with fellow Rotarians and learn more about Rotary.  The following Seattle 4 Rotarians have already registered: Daryl Campbell, Corinne Cavanaugh, Ken Colling, Sten Crissey, Mark Davis, Cathy Gibson, Roberta Greer, Carolyn Hojaboom, Lisa Mayfield, Carma McKay, Virginia McKenzie, Barry McConnell, Tom Mesaros, Jim Moore, Trent & Alexandra Mummery, Derick Pasternak, Harvey Rubinstein, Jean Thompson, and Kathy Williams.  See you there!  To register, visit the conference site.


Every Rotarian Every Year


TWO gifts, ONCE a year, EVERY member




        We change the world  

For information on making your contribution, please contact Sam ( or 206-623-0023).

Seattle Rotary Goes Social!

Get and stay connected with the club through our social media channels!

Twitter: @Seattle4Rotary

Facebook: Rotary Club of Seattle – Seattle#4

Linkedin: Rotary Club of Seattle

Big thanks to our channel champions for January and February: Aubrey Buxton (Twitter), Eric Newman (Linkedin) and Ken Grant (Facebook).  Check out the tweets and posts from this weeks Rotary meeting.  IF you’re interested in supporting our social media initiative, please contact

 Facebook     LinkedIn 
 Twitter        YouTube


Happy Birthday!
February 10
Paula Houston

February 11
Dave Carlson

February 12
Rachelle Nesta

February 13
Whitney Mason

February 15
Craig Wright
Follow Us!

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or Contact Us:
Rotary Club of Seattle
1215 4th Avenue, Suite 1215
Seattle, WA  98161

Phone:   206-623-0023     Fax:   206-623-0216

Carma McKay
Interim Operations Manager

Sam Thompson
Project Manager

Mariah Kimpton
Office Coordinator

♦♦♦  The Rotary Standard of Conduct  ♦♦♦

The Rotary “Four-Way Test” is a standard
expected of all Rotarians:
1. Is it the Truth?
2. Is it Fair to all concerned?
3. Will it build Goodwill and Better Friendships?
4. Will it be Beneficial to all concerned?