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Latest News

Community banks find role in private banking

Service not restricted to high net-worth clientele
February 2, 2017
Nancy Hake
Most people are reasonably familiar with both retail banking and commercial banking, but private banking remains an unclear concept to many. Private banking, quite simply, is personalized banking and financial management services for professionals and h
Read More

State CPA society picks new president, CEO

Kimberly Scott has served in various roles with group
February 2, 2017
Staff Report
Kimberly D. Scott, who resides in the Puget Sound area, has been named president and CEO of the Washington Society of Certified Public Accountants, effective this June 1, the organization's board announced recently. 'Kimberly Scott has the perfect bl
Read More

Assessing investment performance in the new year

Look beyond major market indicators when evaluating
February 2, 2017
Michael Maehl
As I mentioned last November in this space, 'Elections or not, stocks tend to be forward-looking.” The S&P 500, which had been up about 2 percent for the year just before the election, finished with gains of just over 9 percent. A lot of the move s
Read More

Frugal janitor's life provides good financial lessons

Investors of modest means can become best clients
February 2, 2017
Rick Biel
A number of years ago, I briefly worked for one of the largest brokerage firms in the country. While there, I received some of the best advice I ever received with regard to succeeding in the industry. One of the top producers at that firm told me that
Read More

INB parent posts rise in net income for fourth quarter, year

Banner, Glacier also report gains in earnings
February 2, 2017
Linn Parish
Northwest Bancorporation Inc., the Spokane-based parent of Inland Northwest Bank, has reported fourth-quarter net income of $1.4 million, or 21 cents a diluted share, up from income of $726,000, or 11 cents a share, in the year-earlier quarter. For all
Read More

SHBA installs new board, bestows annual awards

Jim Breidenbach named 2017 association leader
February 2, 2017
Mike McLean
The Spokane Home Builders Association has installed its 2017 officers and board of directors. The association's new president is Jim Breidenbach, of Craftsmen Construction Inc., who has replaced past president Nick Scheel, of Arrow Contracting Service
Read More

Retail center going up at Valley apartment complex

Commercial building part of Granite Pointe III project
February 2, 2017
Mike McLean
Developers of the 184-unit Granite Pointe III apartment complex in Spokane Valley are constructing a 7,000-square-foot retail center that will front Mansfield Avenue and will be surrounded on three sides by apartment buildings. The Granite Pointe III pro
Read More

Spokane SBA office to offer business leadership class

Up to 18 entrepreneurs to participate in course
February 2, 2017
The Spokane branch of the U.S. Small Business Administration, for the second year, is offering an Emerging Leaders training initiative for the owners or chief administrators of small Inland Northwest businesses that are on the cusp of growth. The entrepr
Read More

Nonprofit Christ Clinic set to close at end of February

Organization cites higher costs, fewer patients
February 2, 2017
LeAnn Bjerken
Christ Clinic, a longtime nonprofit primary-care clinic located at 914 W. Carlisle on Spokane's North Side, will close at the end of this month. Officials say the clinic's closure won't affect its sister organization, Christ Kitchen, although both
Read More

NorthTown, Valley Mall owner posts rise in quarterly net income

However, GGP reports dip in earnings for entire year
February 2, 2017
LeAnn Bjerken
General Growth Properties Inc., the Chicago-based company that owns and operates both the NorthTown Mall and Spokane Valley Mall here, has reported an increase in fourth-quarter earnings compared with the year-earlier period. The company posted fourth-q
Read More
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