Banner Corp., the Walla Walla, Wash.-based parent of Banner Bank, has reported a third-quarter net loss of about $44.7 million, or 40 cents a share, compared with a loss of $8.4 million, or 44 cents a share, in the year-earlier quarter. Banner a
AmericanWest Bancorp., of Spokane, which announced last week a tentative agreement to sell and recapitalize its wholly owned subsidiary, AmericanWest Bank, says it posted a net loss of $5.9 million, or 35 cents a share, in the third quarter.That
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
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
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
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
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
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 /
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
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