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Latest News

—Staff photo by Richard Ripley

Retiring banker's advice: Keep watch on your culture

Hippler led Mountain West since bank's inception, but says it's time for change
November 4, 2010
Richard Ripley
During the years in which Jon Hippler has guided Mountain West Bank, of Coeur d'Alene, one lesson he's learned has stood out to him above all others.As a CEO, he says, he has maintained a clear vision of the bank's culture—"first and to be
Read More

Balanced mutual funds provide options in volatile times

Typically, investment mix includes 60 percent stocks, with rest in fixed income
November 4, 2010
Andrew Leckey
For conservative investors seeking a little balance in their lives during volatile times, a balanced mutual fund makes sense this year.With a typical mix of around 60 percent stocks and 40 percent fixed income, balanced funds split the between a
Read More
—Staff photo by Mike McLean

Credit unions brace for more assessments

Steep fees will cover losses that have been incurred by corporate counterparts
November 4, 2010
Mike McLean
Credit union executives here say a plan announced in September by the agency that regulates their institutions will stabilize and strengthen credit unions while keeping member deposits safe, but they will have to carve large assessments out of over
Read More
—Staff photo by Kim Crompton

Beefing up angel aid

Delta successor grows to 75-plus members; six deals done so far
November 4, 2010
Kim Crompton
The Spokane Angel Alliance, a nonprofit entity set up to help fund promising companies here and a bulked-up successor to the Delta Angel Group, has gotten off to an encouraging start in its first year, says Tom Simpson, who spearheaded its already
Read More

Amid cautious market, big stocks look ready for upswing

Low price, international exposure, good dividends could trigger comeback
November 4, 2010
Personal Investing
Big can be beautiful, especially when investors are wary of the stock market.Large-cap stocks, low in price but high in exposure to rapidly-growing international markets, appear poised for a comeback.Companies with market capitalizations of a
Read More

In the News

November 4, 2010
Oct. 29 / Regulators close The Union Credit Union The Washington state Department of Financial Institutions announced it closed The Union Credit Union, of Spokane, due to loan losses. The National Credit Union Administration then the /
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Calendar: November 4, 2010

November 4-18, 2010
November 4, 2010
Meetings & Events The Spokane Regional MarCom Association will hold a breakfast meeting, titled What We Do and Don't Want in a Pitch, on Friday, Nov. 5, from 7:30 to 9 a.m., at the McCarthey Athletic Center, 801 N. Cincinnati, on the a
Read More

Real Estate Roundup

November 4, 2010
Mike McLean
Nordic Tarps Manufacturing Inc., of Spokane Valley, has leased 4,700 square feet of industrial space in the Fancher Bridge Business Park, at 5805 E. Sharp, and has moved there from a smaller space in that complex. Mark McLees, of NAI Black, handled
Read More

Leone & Keeble lands Warden gym project

Work will modernize, expand district's aging facility, locker rooms
November 4, 2010
Chey Scott
Leone & Keeble Inc., of Spokane, has been awarded a $2.6 million contract to modernize and expand a gymnasium in the Warden School District, located about 20 miles southeast of Moses Lake, in central Washington. The project includes updating the
Read More

Housing agency plans Hillyard upgrades

Nonprofit expects savings by refinancing loan, allots $900,000 for two projects
November 4, 2010
Mike McLean
Spokane Housing Authority, a nonprofit provider of low-income housing, says it expects to save hundreds of thousands of dollars through a $4.9 million loan it has obtained to refinance an earlier higher-interest debt and pay for $900,000 in planned
Read More
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