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Latest News

Frankly, STCU expands its business banking services

Credit union rolls out new sister brand in campaign
June 22, 2023
Karina Elias
STCU, the Liberty Lake-based credit union with branches in Washington and Idaho, has launched STCU Business, a sister brand that aims to expand business banking services. STCU Business is led by three veterans of the financial services industry who
Read More
Spokane Hoopfest Association

Hoopfest rebounds with 800-team increase this year

Tourney still below pre-pandemic level of 6,000-plus groups
June 22, 2023
Karina Elias
Spokane Hoopfest, billed as the largest three-on-three basketball tournament in the world, has increased this year's event by an additional 800 teams, bringing the total to 4,250 participating teams with over 16,500 players to this year's roster
Read More
Erica Bullock

Wheatland Bank CEO tabbed by FDIC

Susan Horton agrees to two-year advisory term
June 22, 2023
Erica Bullock
After the failures of Silicon Valley Bank and Signature Bank in early March, a representative of the Federal Deposit Insurance Corp. sought out Susan Horton and asked her to share thoughts and advice for industry reform.
Read More

Long-anticipated recession now expected by year-end

So far, resilient economy has provided reprieve from economic downturn; rate hikes may change that
June 22, 2023
Karina Elias
Inland Northwest economists are predicting a recession will set in toward the end of this year-later than had been previously anticipated-yet there isn't consensus regarding projections for the length or depth of a long-anticipated economic
Read More

Spokane-area hospitals look to improve financials

Providence, MultiCare aim to persevere through economic challenges
June 22, 2023
Dylan Harris
Hospitals across the state of Washington suffered a total of $2.1 billion in operating losses in 2022, data compiled by the Washington state Hospital Association shows. The two largest health care organizations that operate in the Inland Northwest
Read More

Loosening of housing regulations leads to uptick in permitting

Still, fewer than 50 units approved, in process so far in city this year
June 22, 2023
Erica Bullock
Last June, the fanfare announcing changes to building development standards was at an all-time high and touted by some as a much-needed step forward to help the city of Spokane's housing crisis.
Read More

Spo-Canned: Large INW breweries gain market share as industry contracts statewide

Distribution expansion aids growth in some cases
June 22, 2023
Dylan Harris
Spokane's largest breweries are increasing distribution and gaining market share as the industry contracts statewide, Washington state Liquor and Cannabis Board data show. According to the board's reports of net sales to importers and distributors,
Read More

Women are making gains in finance, small business

Confidence in managing money up 16 percentage points in last five years
June 8, 2023
Sara Desautel
Women are increasingly taking charge of their finances and future. While we move toward gender equality and equitable economic opportunity, we can see the outcomes of generations of hard work when we look at the increasing numbers of women
Read More
Keith Erickson

Sibling-owned dump truck businesses thrive in North Idaho

Young companies see strong growth thanks to construction demand
June 8, 2023
Keith Erickson
With sustained construction demand in Kootenai County, two family-owned, North Idaho dump truck businesses are picking up steam. Separately owned but family-connected Hidden Ridge Trucking LLC and Collins Trucking LLC have a combined
Read More

Circle K station planned in Valley

$1.5 million project slated on site in Greenacres area
June 8, 2023
Karina Elias
Tempe, Arizona-based convenience store chain Circle K Stores Inc. plans to build a store and fueling station at 18723 E. Cataldo, in the Greenacres area of Spokane Valley, says Emily Estes-Cross, public information officer for the city of Spokane Valley.
Read More
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