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Latest News

F&M BankÂ’s net, loans rise sharply

Bank rebounds after dip in earnings in Â’04 ended seven-year record string
February 26, 1997
Kim Crompton
F&M Bank, of Spokane Valley, put its profits back on a growth track last year, recovering from a dip in 2004 that had ended a run of seven straight years of record earnings.The bank posted net income of $3.2 million for 2005, up 23 percent the
Read More

Global finance concern growing in U.S.

SpokaneÂ’s Production Finance International says demand rising for import related loans
February 26, 1997
Emily Brandler
Production Finance International LLC, a Spokane-based trade financing company, says its been growing steadily as demand for import-related loans to U.S. businesses increases, and that its focusing on strengthening its western U.S. 13-year-old a
Read More

Spokane bankers see solid loan demand during Â’06

After issuing warning to investors late last year, Sterling feels confident now
February 26, 1997
Richard Ripley
Bankers here expect solid loan demand during 2006, which Sterling Financial Corp. is particularly glad about.At the end of the third quarter last year, Spokane-based Sterling warned investors that loan balances were growing more slowly than and
Read More

Rahco makes new leveler for John Deere combines

New product line designed to work on Midwest farms, may appeal to some here
February 26, 1997
Linn Parish
Rahco Ag Systems LLC, a subsidiary of Spokane-based Rahco International Inc., has developed a new leveling system thats designed to be used with John Deere combines and is intended to appeal to Midwest farmers. Richard Hanson, president of is
Read More

Gonzaga develops new strategic plan for growth

Plan, called Vision 2012, to set enrollment goals, address additional matters
February 26, 1997
Emily Brandler
Gonzaga University is developing a new strategic plan that it hopes will guide its growth through the next six years.The plan, called Vision 2012, will include goals for enrollment, academics, and student life, among other areas, says Thayne of
Read More

Washington Trust posts record earnings for 2005

Spokane bankÂ’s assets rose to nearly $3 billion by the end of the year
February 26, 1997
Linn Parish
Washington Trust Bank, of Spokane, has posted record earnings for 2005, a year in which its assets nearly crested the $3 billion mark for the first time in its 103-year history. The bank had net income of $38.7 million last year, up 32 percent
Read More

CityÂ’s battle with county over growth escalates

City to challenge countyÂ’s North Side, West Plains land-use designations
February 26, 1997
Emily Brandler
In the latest in a series of territorial disputes between the city of Spokane and Spokane County, the city says it plans to challenge a decision the county commissioners made recently regarding land just north of Spokane and on the West Plains that
Read More

Global plans two stand-alone branches

Credit union is studying sites in North Spokane, CdÂ’A for new structures
February 26, 1997
Rocky Wilson
Spokane-based Global Credit Union says it plans to build two stand-alone branches, one in North Spokane and the other in Coeur dAlene, within the next two years. Global hasnt picked locations for the structures or how big theyll be and be
Read More

AutoZone plans more stores here

Auto parts retail chain with $5.7 billion in sales to expand presence here
February 26, 1997
Rocky Wilson
AutoZone Inc., a Memphis, Tenn.-based retailer of auto and truck parts that recently opened a store in North Spokane and has another store in Coeur dAlene, now says it plans to open new stores in Post Falls and Deer Park in the next few Post is &
Read More

Indian-owned firm spreads its wings

Something Different ...
February 26, 1997
Rocky Wilson
growing Spokane company owned and operated by a Nez Perce Indian woman is an active intermediary between the 560 Indian tribes in the U.S. and the federal government. The woman, Jo Ann Kauffman, says she became frustrated in college with the of
Read More
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