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Latest News

Avista Advantage cuts losses, adds customers

Avista Corp. subsidiary still fails to earn a profit, projected to break even
February 26, 1997
Richard Ripley
Avista Advantage, the Avista Corp. unit that manages utility bills for businesses with multiple sites, cut its losses sharply last year, and also built up its customer base substantially.The Spokane-based operation slashed its annual net loss 3
Read More

Keeping a lid on pie secrets

White Box Pies
February 26, 1997
Kim Crompton
John and Shirley Glodt joke that theyd tell you the secret to their light, flaky pie crust, but then theyd have to kill you.Some appreciative customers, though, might fantasize that there would be worse things than being smothered to death
Read More

AmericanWestÂ’s assets top the $1 billion mark

Spokane-based bank plans branch projects in Hayden, Post Falls, on North Side
February 26, 1997
Paul Read
AmericanWest Bancorp., the Spokane-based parent of AmericanWest Bank, posted solid gains in deposits and loans last year and saw its assets crest the $1 billion mark.Separately, AmericanWest plans this year to open a branch office in Post to a
Read More

In 40 years, Layman saw huge changes at F&M

Spokane bank had a mere $8 million in assets when it forged ties with lawyer here
February 26, 1997
Jennifer Hesse
When Jerry Layman first became affiliated with Farmers & Merchants Bank, he had no idea that the Spokane institution one day would have $305 million in assetsor about $297 million more than when he began doing legal work for the bank.Layman,
Read More

Payroll cards target ‘un-banked’ workers

Designed to cut employersÂ’ costs, used like debit cards, devices gain popularity
February 26, 1997
Marc Stewart
A relatively new alternative to paper paychecks is being touted as a way to cut payroll-processing costs and to free employees who dont have checking accounts from high check-cashing fees.Called payroll cards, the devices appear to be gaining
Read More

Fitness cuts risk of killer diseases in older women

Doctors here say exercise deters fat, chance of cancer, heart attack
February 26, 1997
Jennifer Hesse
When a woman notices her jeans fit a little too snug around the waist, she knows its probably time to hit the gym. For a menopausal or post-menopausal woman, acting on this realization could save her life.A study last year by the Fred fat
Read More

Hospitals add 24-hour obstetrics to reduce risk

Baby doctors provide emergency care after hours at Deaconess, Sacred Heart
February 26, 1997
Linn Parish
In hopes of improving patient care and possibly lowering malpractice insurance costs over time, Spokanes two largest hospitals now are staffed better to handle child-birth emergencies in which every minute is critical.Sacred Heart and medical
Read More

New DennyÂ’s grocery slated in Medical Lake

Site plan for food store north of downtown shows other possible retail pads
February 26, 1997
Kim Crompton
Denny McDaniel, who operates Dennys Foods stores in Medical Lake and Odessa, Wash., plans to develop a larger grocery store in Medical Lake on a site with room for two other possible retail tenants, documents show.McDaniel couldnt be for to
Read More

Pie maker here faces foreclosure

Phranil Foods, formerly VernÂ’s Pie Co., ceased operating months ago
February 26, 1997
Kim Crompton
Phranil Foods Co., a longtime Spokane pie maker formerly known as Verns Pie Co., has ceased operating, and a trustees sale of its East Spokane property has been scheduled.A recently published legal notice says Phranil has defaulted on a by
Read More

Farmers & Merchants hits record net income

Bank plans to open branch in county, also will look at Tri-Cities, Idaho markets
February 26, 1997
Jennifer Hesse
Farmers & Merchants Bank, of Spokane Valley, posted record net income in 2003 for the seventh year in a row.The banks net income climbed to $4.4 million last year, up 16 percent from 2002. Its total deposits rose 9.7 percent, to $269 million
Read More
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